Project and Practice Management Flashcards
5 considerations in scheduling
cost time aesthetics function sustainability
GANTT CHART
bar chart with float indicated; shows flow/order but not critical path
CRITICAL PATH SCHEDULE
shows activities and indicates duration with dependencies
tasks illustrated as arrows
DUMMY
in critical path chart, a dotted line to separate 2 tasks otherwise defined by the same point
7 major elements in cost estimating
site acquisition construction professional services inspection and testing contingencies financing misc. (atty, listing for bids, permits...)
estimating method by project phase
programming: unit cost
schematic design: major elements and building subsystem options compared
design development: more detail with suggested changes
construction documents: components, assemblies, and systems (used to verify pay applications)
FEE CALCULATION: DSE
Multiple of Direct Salary Expense
multiply by factor to cover fringe benefits, overhead and profit
FEE CALCULATION: DPE
Multiple of Direct Personnel Expense
fringe benefits and salary multiplied by a factor to cover overhead and profit
FEE CALCULATION: PROFESSIONAL FEE PLUS EXPENSES
professional services separated from specific identified costs
FEE CALCULATION: HOURLY BILLING RATE
billed at standard rate for hours worked - often on a “not-to-exceed” basis
FEE CALCULATION: STIPULATED / LUMP SUM
total payment amount is agreed upon
may be as a percentage of construction cosst
FEE CALCULATION: UNIT PRICE CONTRACT
based on acceptance of unit price quotes for various elements
architectural fees as percentage of construction cost
10%
mechanical fees as percentage of construction cost
15%
electrical fees as percentage of construction cost
12.5%
civil fees as percentage of construction cost
10.5%
structural fees as percentage of construction cost
9.4%
contractor fees: general overhead
8-10% firm value
contractor fees: project overhead
4-10% construction cost
contractor fees: profit
15-20% small
10-15% medium
5-10% large
cost estimating: pre-planning/ proposal
unit cost bsis
cost estimating: programming
unit cost based on similar building types and function of spaces
cost estimating: schematic design
based on major elements of building systems
cost estimating: design development
based on detailed components