Pyeongchang South Korea site of the 2018 XXIII Olympic Winte

Pyeongchang, South Korea, site of the 2018 XXIII Olympic Winter Games, is in the midst of constructing the venues that will accommodate the competitions. Of the 13 venues that will host a multitude of games, 6 of the sites will be new construction. For the following Discussion, imagine you are a member of the team responsible for constructing the Alpensia Olympic Village, home of the opening and closing ceremonies. The opening ceremony date of February 9, 2018 will be here before you know it, and there is no room for a slip in the schedule.

With these thoughts in mind, please respond to the following:

In the case of a project with an inflexible schedule, how does this affect the owner’s selection of PDS?

Would the PDS that an owner would select in this case be the same PDS that may be most preferred by the contractor? Why or why not? Explain your answers and provide examples.

Solution

SOLUTION:

In the above case if the project with an inflexible schedule, It affects the Owners selction of PDS by the following:

1. Budget - The Owner should be ready with available cash to release the payment for contractor.

2. Availability of sources - The Owner should depend the contarctor by availability of sources like materials, machineries, etc.,

3.Growing instances of the quality of work.

4. There sholud be made optional number of plans to worked out, if fails one plan to success with other plan.

5. The fair price dealers may increase the rates

6. There is an immense need to develop infrastructure to deal with trade in commodities.

7. The Owner may have to set up a complete system for the same

8. Several schemes have aurgmented by the number of people

9. Poor supervision and lack of accountability have spurred

Yes. This PDS system most prefereed by the contractor, becasue the following reasons,

1. Margin of profit should be increased

2. It will reduce price stabilization and in turn reduce cost

3. It provides incentive must to deregulate and thus will induce private entrepreneurs

4. Time bound duration will cost more efficiency.

5. There is low checking with Quality.

6. Easily get the money from the owner whike doing works.