MIDTERM Flashcards

1
Q

4 processes involved in Project Cost Management

A
  1. Plan Cost Management
  2. Estimate Costs
  3. Determine Budget
  4. Control Costs
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2
Q

Includes the processes in planning, estimating, budgeting, financing, funding, managing, and controlling costs.

A

Project Cost Management

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3
Q

The process of defining how the project costs will be estimated, budgeted, managed, monitored, and controlled.

A

Plan Cost Management

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4
Q

The process of developing an approximation of the monetary resources

A

Estimate Costs

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5
Q

The process of aggregating the estimated costs of individual activities or work packages.

A

Determine Budget

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6
Q

The process of monitoring the status of the project to update project costs

A

Control Costs

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7
Q

Is the process of developing an approximation of the cost of resources needed to complete the project work

A

Cost Estimation

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8
Q

Expressed in manhours, per hour

A

Cost Estimation

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9
Q

Why is cost estimation important?

A

To maintain budget and prevent overspending

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10
Q

When to use cost estimation?

A

When the project is extensive (wide project, covers large area), and proposal for bidding

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11
Q

Is the technique of calculating and computing the various quantities and the expected expenditure to be incurred in a particular work or project.

A

Estimating

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12
Q

3 Requirements to prepare an estimate

A
  1. Drawing or Plans
  2. Detailed Specification
  3. Scheduled Rates
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13
Q

Per piece unit of measurement (10pcs of CHB)

A

Single Units

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14
Q

Per length or meter unit of measurement (Steel bars, pipes)

A

Linear Measurement

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15
Q

Per square meter unit of measurement (plastering, painting)

A

Areal Surface Measurements

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16
Q

Per cubic meter unit of measurement

A

Cubical Contents

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17
Q

4 units of Measurements

A
  1. Single Units
  2. Linear Measurements
  3. Areal Surface Measurements
  4. Cubical Contents
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18
Q

4 Types of Estimates

A
  1. Preliminary Estimate
  2. Detailed Estimate
  3. Abstract Estimate
  4. Revised Estimate
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19
Q

Rough estimate 50% (type of estimate)

A

Preliminary Estimate

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20
Q

Detail estimate provided with specification 10% (type of estimate)

A

Detailed Estimate

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21
Q

Includes only total quantities of item of works (type of estimate)

A

Abstract Estimate

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22
Q

When there are changes, additional works, rates of materials, labor above 10% (type of estimate)

A

Revised Estimate

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23
Q

Is the process of constructing a building or infrastructure

A

Construction

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24
Q

Typically involves mass production of similar items without a designated purchaser

A

Manufacturing

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25
Takes place on location for a known client and comprises 6 to 9 percent of gross domestric product as an industry
Construction
26
Is integral to the efficiency and effectiveness of construction projects, impacting timelines, costs, and quality
Construction Equipment
27
It is critical to prolong lifespan of equipment and prevent costly downtime or safety hazards during projects
Maintenance
28
Modern ____ boast advance hydraulic systems, enabling them to perform tasks such as digging, lifting, and demolition with precision
Excavators
29
Are commonly used for earthmoving, site preparation, and extensive landscaping projects, significantly enhancing operational efficiency
Excavators
30
Combine the functionalities of a loader and an excavator, allowing for versatile use in various construction tasks
Backhoes
31
Are ideally suited for trenching projects and excavating small to medium-sized areas, providing efficient solutions for various operations
Backhoe
32
Operate using a long boom and an attached bucket, leveraging gravity and mechanical systems for effective diggin
Dragline Excavators
33
Are engineered for large-scale operations in flat terrain, such as mining and significant infrastructure projects
Dragline Excavator
34
There powerful machines are widely used for pushing large quantities of soil, grading, and clearing land, highlighting their versatility
Bulldozers
35
Can be equipped with different blade types, including straight, universal, and angle blades, depending on the task at hand
Bulldozer
36
Are specialized construction machines designed primarily for leveling and grading surfaces, ensuring optimal terrain preparation.
Graders
37
This equipment is important in road paving and maintenance projects, ensuring surfaces are smooth and adherent to regulation
Graders
38
are prominent in large construction projects, such as highway construction, where efficient movement of materials is paramount
Wheel Tractor Scraper
39
This machine is used for moving large amount of material over short distances
Wheel Tractor Scraper
40
It consists of a tractor and a semi-trailer that is filled with materials to move, particularly useful for moving materials over uneven terrain
Wheel Tractor Scraper
41
Are used for digging trenches, especially for laying pipes or cables
Trenches
42
They can be equipped with different types of cutting wheels or chains to handle various soil conditions
Trenches
43
Are used for loading and unloading materials.
Loaders
44
They are equipped with a large bucket that can be used to scoop up materials and load them onto trucks or into storage areas
Loaders
45
Are designed for optimal performance in material handling, allowing swift loading and unloading capabilities essential on job sites.
Loaders
46
Are used for lifting and moving materials and equipment at construction sites
Tower Cranes
47
They are mounted on high towers and can lift heavy loads to great heights, making them essential for large construction projects
Tower cranes
48
Are used to lay down asphalt or concrete for road construction and other paving projects.
Pavers
49
They ensure a smooth and even surface by spreading and leveling the material
Pavers
50
Are used to compress soil, gravel, concrete, or asphalt to increase its density and stability
Compactors
51
They are essential for preparing foundations and roadbeds
Compactors
52
Are versatile machines that combine the functions of a forklift and a crane.
Telehandlers
53
They have an extendable arm that can lift and move materials to various heights and distances
Telehandlers
54
Are primarily used in forestry operations to cut down trees and gather them into bunches for easy transport
Feller Bunchers
55
They are equipped with a cutting head and a grapple
Feller Bunchers
56
Are used to transport loose materials such as sand, gravel, dirt, and demolition debris
Dump Trucks
57
They have a dump bed that can be raised to unload the materials
Dump Trucks
58
are used to drill holes into the ground for the installation of pile foundations
Pile Boring Machines
59
They create deep, precise holes than can support heavy structures
Pile Boring Machine
60
are used to drive piles into the ground to support structures.
Pile Driving Machines
61
They use a hammering or vibratory action to drive the piles to the required depth
Pile Driving Machine
62
are used to power pneumatic tools and equipment on construction sites
Air Compressors
63
Are used to move liquids, such as water or concrete, and are essential for various construction tasks
Pumps
64
Is of utmost importance that enhances competence, yields high productivity and cuts down operational costs.
Construction equipment
65
3 types of construction
1. Bulding Construction 2. Infrastructure 3. Industrial
66
Process of adding structure to real property or construction of buildings
Bulding Construction
67
Building Construction is divided into 2
Residential and Non-residential (Commercial / Institutional)
68
Small renovations so the owner of the property acts as laborer, paymaster, and deisgn team for the entire project.
Building Construction
69
Is often called heavy/highway, heavy civil or heavy engineering
Infrastructure
70
It includes large public works, dams, bridges, highways, water/wastewater and utility distribution
Infrastructure
71
Includes refineries, process chemical, power generation, mills and manufacturing plants
Industrial
72
5 Construction Process
1. Design Team 2. Financial Advisors 3. Legal Aspects 4. Interaction of Experties 5. Procurement
73
The concrete industry embraces innovation and ______ by offering concrete solutions which can be used to reduce construction time and promote sustainable development, as well as offering cost savings
Modern Methods of Constructions (MMC)
74
7 Modern Methods of Construction
1. Precast Flat Panel System 2. 3D Volumetric Construction 3. Tunnel Form 4. Hybrid Concrete Construction 5. Thin Joint Masonry 6. Insulating Concrete Formwork 7. Precast Foundation
75
Construction Operation Outline
1. Authority and Responsibility of all parties 2. Time of inspection and test 3. Contractor Submittals 4. Instruction to field 5. Suspension or termination of the work