Lecture 18D Flashcards
Consider a schedule for a project that will take one year , we start by january 2019 to Fininsh in December
When we finish the first the month , we realize we wont be able to finish on time then we postponed for onee month to finish, at the end of second month same has happened we postponed for another one month . This means that we have poor planning
This mean we didnt have due diligence in planning
we didnt have a robust plan, We didnt understand and analyze enough the work we wanna do
Due diligence
means understanding the work to be done and the ways that it will be done with to (machines , productivity, sequence…)
Way of approaching is done by :Work break down structure (WBS)
Tree like structure that explains the work.
For example to build a buildig I shall work on 3 things :
Site prep, underground structure, and above ground structure
Under each one there is activities
Like in site prep u have shoring
In underground u have foundation…
So u will have levels of activities to do
The benefits of WBS ( work break down structure)
1-1st u will get activities
2- u will use activities to creaete schedule
3- u use them to find the quantities and thus to find cost
The cost is made up from materials , labor (hrs of work, and wage and productivity)
, and i had overhead cost
The process of cost estimation and scheduling and planning are inter-related
true
Planning and control takes place in all phases of the project not only in construction
true, it takes place in planning (feasability, budget, cost…), design(value engineeering..) , bidding(control the cost) and construction (planning for the construction to control cost and increase profit..)
If i draw the control curve for the client on the project it will be decreasing
in planning i jhave a lot of control ….when construction starts i dont how much it gonna cost any more i lose a lot of control (I commit to the pproject)
project control is a continuous proccess there is always update
true
If my CEO ask me how the project is going
there is
cost
schedule
safety
For the CEO u will say we have a project for for 100 dollars and we are trying to finish for 85 dollars
true
when u are sitting with the construction manager
u list for him all the activities , and u tell him that those finished costed that much and those in progress we report spent (how much we spent until now) and we have forecasted , how much the forecasted cost will be .
For each activities we will see whether we finished it at budget , or under budget or over budget
This is called variance analysis-gap analysis ( u see the gap between the actual and the real)
U also do cause effect analysis
like if u have overbudget run in some activities , u see what is the cause of this overcost and how it will effect me
The above is called cost control
true
i Also do the same analysis for shcedule
I will have forecasted duration, actual duration , and forecasted duration