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These flashcards cover key concepts related to professional ethics and legislations in structural engineering, focusing on project stages, risks, contracts, and stakeholder management.
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Feasibility and Strategy Stage
The stage aimed at making a decision about proceeding or cancelling the project.
Design Stage
The stage where every detail of the project is designed and defined.
Tendering
An invitation to bid for a project or accept a formal offer, typically involving submission within a finite deadline.
Risk Analysis
A process beginning at the design stage that aims to reduce project risk through detailed information and design.
Contract Lifecycle Management
The entire process of managing a legal contract, including planning, drafting, approving, negotiating, signing, revising, and renewal.
Stakeholders
Individuals or groups with an interest in the project's outcome, impacting the project throughout its lifecycle.
Key Project Stakeholders
Stakeholders who have the influence and authority to determine the project's success or failure.
Open Bids
Bids governed by law where the owner invites public participation through official announcements.
Selective Bids
Bids where the owner selects specific companies to invite without public participation.
Negotiated Bids
Bids primarily used for extending the scope of works.
Direct Award
A bidding method where the owner directly selects a company to award the project.