05 Project Control Flashcards
Process that encompasses the resources, procedures, and tools for the planning, monitoring, and controlling of all phases of the capital project lifecycle.
Project Control
This includes estimating, cost and schedule management, risk management, change management earned value progressing and forecasting.
Project Control
It is the process of procuring subcontractors and overseeing their work on behalf of a client.
Subcontractor management
Who’s responsible for subcontractor management?
General Contractors
Stages of Subcontractor Management
- Pre-award
- Award
- Post-award
- Close-out
During this stage, general contractors assess the project’s needs
Pre-award
In this stage, general contractors review bids and proposals from subcontractors in search of the best candidates.
Award
Once suitable subcontractors have been selected, general contractors will work with them to hammer out specific contract details.
Award
General contractors monitor subcontractors to ensure they’re operating on schedule and in accordance with quality and safety standards.
Post-award
General contractors thoroughly inspect each subcontractor’s work.
Close-out
In this stage, general contractors may request – and follow up on – change orders if the work isn’t sufficient.
Close-out
It is a method in project management that helps you speed up the timeline of a project through addition of resources.
Project Crashing
Project managers and stakeholders often use this method to either preserve a project’s estimated deadline or expedite it.
Project Crashing
The process of integrating a balanced procedure for recognizing, planning, and evaluating capital project changes in an effective manner.
Change Management
It is a method of planning and managing projects that emphasizes the resources required to execute project tasks.
Critical Chain
