Principles of Construction Management Flashcards
Quiz
It is the application of knowledge, skills,
tools, and techniques to project activities in
order to meet or exceed stakeholder needs
and expectations from a project.
Project Management
Meeting or exceeding stakeholder needs
and expectations invariably involves
balancing competing demands among:
- )Scope
- ) time
- ) cost
- ) quality.
Stakeholders with differing needs
and expectations.
Identified requirements
NEEDS
Stakeholders with differing needs
and expectations.
Unidentified requirements
Expectations
The term _________ is
sometimes used to describe an
organizational approach to the
management of ongoing operations.
Project Management
This approach, more properly called management by products, treats many aspects of ongoing operations as projects in order to apply project management to them.
Project Management
refers either to the study and practice
of the managerial and technological aspects
of the construction industry (including
construction, construction science,
construction management, and construction
technology), or to a business model where
one party to a construction contract serves
as a construction consultant, providing both
design and construction advice.
Construction Management
Management Functions or Objectives
- ) Planning
- ) Organizing
- ) Staffing
- ) Leading or Directing
- ) Controlling
is the ongoing process of developing
the business’ mission and objectives
and determining how they will be
accomplished. IT ALSO INCLUDES BOTH BROADEST VIEW OF THE ORGANIZATION.
Planning
is establishing the internal organizational structure of the organization. The focus is on division, coordination, and control of tasks and the flow of information within the organization. It is in this function that managers distribute authority to job holders.
ORGANIZING
is filling and keeping filled with qualified people all positions in the business. Recruiting, hiring, training, evaluating and compensating are the specific activities included in the function. In the family business, staffing includes all paid and unpaid positions held by family members including the owner/operators
Staffing
is influencing people's behavior through motivation, communication, group dynamics, leadership and discipline. The purpose of directing is to channel the behavior of all personnel to accomplish the organization's mission and objectives while simultaneously helping them accomplish their own career objectives.
LEADING OR DIRECTING
is a four-step process of establishing performance standards based on the firm's objectives, measuring and reporting actual performance, comparing the two, and taking corrective or preventive action as necessary.
CONTROLLING
Eight M’s of Management
- ) MANPOWER (MEN)
- ) MONEY
- ) MACHINES
- ) MATERIALS
- ) METHODS
- ) MOMENT
- )MANAGEMENT
- ) MOTHER NATURE
is defined as an endeavor wherein people,
supplies, and money are coordinated in an
unusual way to undertake a unique scope of work of a given standards and specifications, within constraints of cost and time, so as to accomplish beneficial change defined by quantitative objectives. This connotes that a project has specific objectives, time boundaries, and an
explicit budget that limits the amount of human, financial and material resources that can be used to complete a unique venture.
PLANNING