Topic 1 - Introduction to Project Management Flashcards

1
Q

What are the 5 process groups of project management?

A
  1. Initiating
  2. Planning
  3. Executing
  4. Monitoring and Controlling
  5. Closing
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2
Q

Why is construction project management needed?

A
  • 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
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3
Q

Construction Project Stages

A

Planning:

  1. concepts/needs/ideas
  2. design
  3. planning

Execution:

  1. construction
  2. delivery/close-up
  3. operation
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4
Q

Key project participants?

A

Owner

  • public
  • private

Designer
-architects/engineers

Construction

  • general contractor
  • specialty contractor
  • trades
  • material suppliers
  • equipment suppliers

Others

  • financial institutions
  • insurance companies
  • government agencies
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5
Q

Who is a Principal-in-Charge? What does he do?

who is an officer in charge?

A

Architect
-individual who makes the desicion regarding signing a contract and may be involved in obtaining it

Contractor

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6
Q

Role of Superindenent?

A

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
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7
Q

Project engineer role?

Field Engineer role?

Contractor Foreman role?

A

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
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8
Q

Project delivery methods?

A

DB - design builds

DBB - design-bid-build

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9
Q

DBB - Design bid build

A

Design
-complete design

Bid
-find fixed price bids

Build

  • select contractor
  • design team ensures construction is to specification and authorizes payments
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10
Q

DB - Design Build

A

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
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11
Q

Difference between DB and DBB?

A

DB has fast delivery and saves cost

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12
Q

Relationships in DBB

A

Owner - Architect/Engineer and Owner-General contractor have a contractual relationship

Architect/Engineer – General contractor
observation only

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13
Q

Relationship in DB

A

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)

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14
Q

Design/Construction Manager (D/CM)

A

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)

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15
Q

Professional Construction manager (PCM)

A

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)

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16
Q

Public Private Partnerships (P3)

A
  • 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
17
Q

Method of contractor selection

A

Combination of competitive bidding and negotiated contract

18
Q

Fixed Sum contracts

A

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
19
Q

Cost-Plus-Fee Contracts and methods

A
  • 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)
20
Q

Resources in Construction Project Management (5M’s)

What are the objectives?

A
  1. machines
  2. materials
  3. money
  4. manpower
  5. 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)