DS - Project Planning & Cost Analysis

Question 1

Critical Path Method

Answer 1

A schedule showing crucial tasks that are dependent activities tied together.
Tasks/activities that must be completed before the next task can start

Question 2

Float

Answer 2

The amount of time a task can be delayed without causing a delay in the overall schedule

Question 3

Milestone Chart

Answer 3

-Small projects and few participants
-List of deadlines and assignment of responsibilities for each task

Question 4

Bar/Gnatt Chart

Answer 4

-Includes time across the top axis and tasks down the left side.
- Bars are used to show how long each ask is expected to take
- Dependencies are critical are shown with through arrows
- Milestones shown with diamonds (used for longer projects)

Question 5

Project Work Plan

Answer 5

Description of the requirements program deliverables
Team structure and responsibilities
Budget
Schedule
Contact info
Deadlines and milestones

Question 6

Responsibility Matrix

Answer 6

• used to assign tasks to specific team members

Question 7

Cost Analysis

Answer 7

Unit cost Method - used by contractors and is considered the most accurate method because they cost out every line item Only be done in Construction Doc.

Question 8

Life cycle analysis (LCA)

Answer 8

• considers the initial cost and the long term expense of an iem or system
  -Long term will outweigh the initial cost

Question 9

Hard costs

Answer 9

• expenses directly associated with construction including material, labor, contingency and contractor’s overhead and profit

Question 10

Soft Cost

Answer 10

-design fees
-legal fees
- cost of financing
-Insurance
-Administration
-Moving costs

Question 11

Consensus Docs

Answer 11

Set of contracts developed by contractor and trade group to end what they see as bias towards the architect in the AIA DOCUMENTS