Lecture 2 Flashcards
Facts of Boston ‘Big Dig’
8 mile tunnel + 2 bridge crossings, Initial budget of $2.6 billion, construction ran from 1998 to 2005, final construction cost $15 billion
What is CIOB?
Chartered Institute of Building. It is the code of conduct for project management
What is the APM?
Association of Project Management
What is the PMI?
Project management institution
What is the OGC?
Office of Government Commerce
What is the RIBA?
Royal Institute of British Architects
What is the difference between an executive project manager and a non - executive project manager?
An executive PM is independent to the other contributors where as a non executive PM could be part of one of the contributors
What does Global Construction Project Management refer to?
Almost all projects have some sort of international relation
What are the aspects of the golden triangle?
Time, cost and quality
What are the aspects of the constructing excellence NZ KPI’s?
Satisfaction, safety, cost, time, profit, quality
What defines a project?
Finite time period, budget, resources, single point responsibility(PM), team roles, fast tracking(getting product into market asap)
What are the components of project life cycle?
Work Breakdown Structure(WBS), Critical Path Method(CPM), Resource smoothing, Earned value and configuration control
