Topic 1 - Introduction to Project Management Flashcards
What are the 5 process groups of project management?
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
Why is construction project management needed?
- profits are determined by the project managers ability to save money by good planning and decision making
- the more uncertainty in the project, the greater the need for more project management
- conditions such as technical complexity, timely completion, resource limitations, and substantial costs puts a lot of emphasis on having good project management
Construction Project Stages
Planning:
- concepts/needs/ideas
- design
- planning
Execution:
- construction
- delivery/close-up
- operation
Key project participants?
Owner
- public
- private
Designer
-architects/engineers
Construction
- general contractor
- specialty contractor
- trades
- material suppliers
- equipment suppliers
Others
- financial institutions
- insurance companies
- government agencies
Who is a Principal-in-Charge? What does he do?
who is an officer in charge?
Architect
-individual who makes the desicion regarding signing a contract and may be involved in obtaining it
Contractor
Role of Superindenent?
same as PM, but on a physical construction level
- 1 super per project, while 1 pm might do many projects
- on smaller projects, may be the only member of the contractors management
Project engineer role?
Field Engineer role?
Contractor Foreman role?
Reports to PM
-submits agreements, material submittals, liek a project coordinator
Reports to pm
- same as project engineering, but on-site and more hands on
- QA QC
- part of labor force (not management)
- directs labor creq
Project delivery methods?
DB - design builds
DBB - design-bid-build
DBB - Design bid build
Design
-complete design
Bid
-find fixed price bids
Build
- select contractor
- design team ensures construction is to specification and authorizes payments
DB - Design Build
Select contractor before design is complete
Design
Build
- single entity (joint venture, subcontract, or single firm) delivers design and construction
- single point of contract/responsibility
Difference between DB and DBB?
DB has fast delivery and saves cost
Relationships in DBB
Owner - Architect/Engineer and Owner-General contractor have a contractual relationship
Architect/Engineer – General contractor
observation only
Relationship in DB
Owner — design/builder contractual relationship
-1 entity takes care of design+build (joint venture, subcontract, or single firm)
Design-builder has a design team (architect/engineer) and construction team (general contractor)
Design/Construction Manager (D/CM)
Owner + prime contractor contractual relationship
Owner + Design/construction manager contractual relationship
Design/construction manager has an architect and construction team
Design/construction manager’s construction team works (non contractual) with prime contractor(s)
Professional Construction manager (PCM)
Owner + prime contractor contractual relationship
Owner + professional construction manager contractual relationship
Owner + Architect/engineer contractual agreement
Professional construction management works (not contractual) with architect/engineer
Professional Construction manager works (not contractual) with prime contractor(s)
Public Private Partnerships (P3)
- public works with private sector
- private sector assumes a major share of responsibility in terms of risk and financing for the delivery/performance of infrastructure, from design and structural planning to long term maintenance
- long term and performance based approach
Method of contractor selection
Combination of competitive bidding and negotiated contract
Fixed Sum contracts
Lump sum
- fixed price for a scope of work
- requires reliable project definition and stable project conditions
- built in incentive for contractors to work efficiently
Unit price
- fixed price for each work item
- requires a detailed work-item breakdown structure
- effective when there is uncertainty, particularly with quantities
- so u give a unit and an estimated quantity at a unit price(this is what they bid), then they bid their own unit price for quantity given
Cost-Plus-Fee Contracts and methods
- owner provides reimbursement to the contractor for actual costs plus fees
- called “reimbursable”
- effective when work scope and quantities are unclear
Methods
- cost + %
- cost + fixed fee
- cost + Guaranteed max price (GMP)
- cost + sliding fees (Fee = R(%) * (2*Target cost - Actual Cost)
Resources in Construction Project Management (5M’s)
What are the objectives?
- machines
- materials
- money
- manpower
- methods
-objective is to use availabe resources (M’s) to finish the project on time, within the budgeted cost, and according to required specificatins (quality)
