CMGT 4001: Innovative Contracting

1 Credit

The triple constraint of time/cost/quality has often been challenged by traditional design/bid/build delivery methods. The private sector has had a unique advantage in its ability to negotiate contracts in the absence of firm bidding rules, including the extensive use of design/build delivery methods, while the public sector has been required by statute to bid to the lowest responsible bidder using design/bid/build. In an attempt to find the right balance that respects the competitive public bidding process while taking advantage of alternative project delivery strategies, the public sector has used enabling legislation to aggressively find new ways to contract project delivery, improving quality, speed of delivery, and cost management while reducing risk. This course will explore the methods of innovative contracting used by MnDOT and their underlying strategies, techniques, metrics, and outcomes, using a case study approach.

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B+ Average (3.370)Most Common: A (50%)

This total also includes data from semesters with unknown instructors.

10 students
WFDCBA
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    /5

    Recommend
  • 4.75

    /5

    Understanding
  • 4.63

    /5

    Interesting


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