Project/Cost Management Flashcards
Project Manager Role Key Responsibilities
Manages team, balances design, schedule, and budget.
Project Operations Stages Start-Up:
Team briefing, project plan, file management, and communication setup.
Project Controls: Scope and Services Control
Manage scope changes, ensure services align with the contract, and conduct milestone checks.
Construction Cost Management: Cost Management Responsibilities
Maintain owner’s budget, conduct cost evaluations, provide cost estimates, and manage project documentation.
Hard Costs
Direct costs for materials and labor.
Soft Costs
Indirect costs like legal fees, site acquisition, and furnishings.
Standard of Reasonable Care
Legal requirement that allows for reasonable, not perfect, care in services.
Professional Liability
Protects professionals from harm caused to others due to negligence.
Owner/Architect Relationship
Architects are not typically agents of the owner and should be cautious in signing legal documents
Design Phase Estimating
Preliminary area-based, unit-based, and detailed estimates.
Bidding Phase
Use allowances and alternates to control costs and enable flexible design options.
Passive Controls
Training and clear documentation standards
Active Controls
Quality reviews, third-party reviews, and coordination with contractors and consultants.
Project Manager Role Key Skills
Communication, leadership, client relationship management, delegation.
Project Operations Stages Start-Up:
Assess project growth areas, successes, financial results, and wrap-up activities
