Division 2: Project Management Flashcards

1
Q

What are some examples of responsibilities involved in project management?

A

Project planning, scheduling, monitoring, coordinating, and directing, updating documentation, closing out the job, and following up with clients

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2
Q

What is the most important factor to consider when selecting consultants to bring into a project?

A

Past working relationships

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3
Q

What should a project manager consider when assembling a project team?

A

Project type and complexity, project size, staff availability, experience levels, billing rates, and personalities

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4
Q

What are the two methods commonly used for scheduling design and construction projects?

A

The bar or Gantt chart and the critical path method (CPM)

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5
Q

What is the simplest method commonly used for scheduling design and construction projects?

A

The bar or Gantt chart

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6
Q

What is a bar or Gantt chart?

A

The simplest method of scheduling design and construction projects, in which all the project tasks are listed on the y axis, the entire project duration is represented by the x axis, each task is represented with a bar that illustrates its start and end, and task dependencies are represented by arrows

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7
Q

The critical path method is more commonly used with design projects than with construction projects. True or false?

A

False

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8
Q

What is the critical path method?

A

A method of scheduling design and construction projects, in which all the project tasks are listed, each task’s beginning and end points are represented by numbered circles, and arrows point in the direction of progression from one task to another (arrows can be solid, or dashed to show dependencies, or thick to show the critical path that must be delivered in time if the project deadline is to be met)

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9
Q

In the critical path method, what is the float of a task?

A

The maximum length of time that a noncritical task can be delayed or extended before it causes a delay in the overall project

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10
Q

What is a work plan or fee projection?

A

A detailed project schedule that breaks the project down into its component tasks, assigns staff members and resources to each task, and details how the firm’s fees will be used to pay staff members and cover other costs over the course of the project

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11
Q

Creating the work plan or fee projection is one of the earliest and most important tasks that a project manager must complete. True or false?

A

True

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12
Q

What does a good work plan include?

A

Scope of services, breakdown of the services into phases, dependencies, milestones, required staff, time and fee allocations, consultants’ scopes of work, and consultants’ costs and fees

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13
Q

What is the primary element of a work plan or fee schedule?

A

Project schedule

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14
Q

How is the project schedule most commonly depicted in a work plan or fee schedule?

A

Bar or Gantt chart

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15
Q

What is the top-down approach?

A

Fee estimation in which the project manager begins by estimating the total working fee then uses rules of thumb and historical data to determine the percentages of the total fee that will be allocated to more specific costs

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16
Q

What is the total working fee?

A

The fee available to pay people to do the job after subtracting fees for profit, consultants, and other expenses

17
Q

For a traditional design-bid-build project, what are the fee percentages needed for schematic design, design development, construction documentation, bidding, and construction administration?

A

15%, 20%, 40%, 5%, and 20%, respectively

18
Q

What is the bottom-up approach?

A

Fee estimation in which the project manager begins by estimating how much time is required to complete each individual task in a project, then assigning staff members to each task, and using the staff members’ billing rates to estimate the total project fee

19
Q

Which fee estimation approach is the most accurate?

A

Bottom-up

20
Q

A project manager typically only uses one of either the top-down approach or the bottom-up approach in fee estimation. True or false?

A

False

21
Q

Why should a project manager monitor employees’ time sheets weekly?

A

To take corrective action if the actual time exceeds the budgeted time

22
Q

What is a full wall schedule?

A