Construction project planning and analysi Flashcards
(27 cards)
What is a project?
A human activity that aims to achieve a clear objective against a time scale.
What are the essential components of a project?
- Clear objectives
- Fixed timescale
- A budget
- Dedicated team
- An agenda for change
Name two methods of project planning.
- Bar charts (Gantt chart)
- Networking (CPA)
List three characteristics of Gantt charts.
- Timing clearly shown
- Compact presentation
- Limited usefulness
What is a network diagram also known as?
Precedence diagram method
When is a Gantt chart sufficient for project management?
When a project is simple and straightforward.
What does CPA stand for in project management?
Critical Path Analysis
What is the main purpose of CPA?
To identify the longest sequence of tasks (critical path) that determines the minimum project completion time.
List three benefits of CPA.
- Improved time management
- Better resource allocation
- Risk reduction and cost control
What is a disadvantage of CPA?
Dependency on accurate estimates.
What does Kanban focus on?
Breaking down work into small tasks and visualizing them.
List two advantages of using Kanban boards.
- Increased Transparency
- Improved Workflow Visibility
Name one disadvantage of Kanban.
Lack of Formal Structure.
What is a Gantt chart used for?
To provide a visual representation of project schedules and tasks.
List two advantages of Gantt charts.
- Visual Project Overview
- Improved Communication
What is just-in-time (JIT) inventory management?
A strategy of receiving goods as close as possible to when they are needed.
List three advantages of JIT.
- Reduced costs
- Waste reduction
- Improved cash flow
What is a key challenge of implementing JIT?
Dependence on reliable suppliers.
What are Key Performance Indicators (KPIs)?
Essential metrics for evaluating business performance and tracking progress.
List two types of KPIs.
- Financial KPIs
- Operational KPIs
What is one challenge of using KPIs?
Choosing the right KPIs.
Fill in the blank: CPA helps project managers understand how long different tasks take and identify _______.
critical paths
True or False: Gantt charts can help identify potential risks in a project.
True
Fill in the blank: Kanban promotes a culture of _______.
continuous improvement
