Lecture 2 - Systematic Project Management Flashcards

1
Q

a business is ___________ and ____________

A

stable, ongoing

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2
Q

business management focuses on managing ___________ ____________ to support a sustainable company

A

internal entities

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3
Q

________ ________ including company’s personal, finances, property, and other resources

A

internal activities

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4
Q

a project is ___________ and achieves _________

A

dynamic, completion

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5
Q

project management focuses on coordinating and regulating ___ ________ required to move the project toward a ___________ completion

A

all elements, successful

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6
Q

_____ internal affairs of a single company but coordinating of ________ __________ authorized by ____________ terms

A

less, different organizations, contractual

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7
Q

A construction project manager takes _______ _________ for a construction project or a __________ segment of a very _____ project

A

ultimate responsibility, significant, large

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8
Q

for complex jobs, the designer will assign a _____ project manager for the design portion of the work

A

design

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9
Q

if a subcontractor has a ______ project, they will assign their _____ project manager

A

large, own

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10
Q

a project manager will often manage __________ _____ if the company has a __________ of _________ jobs

A

multiple jobs, number, smaller

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11
Q

A project manager does:
- ________, plans, _________, controls field work
- to meet project _________ and _______ promises
-____________ with both individuals and organizations
-shares __________ with field superintendent
-directs staff
-make _______ and _______ actions on behalf of his upper management

A

organizes, schedules, time, cost, coordinate, authority, decisions, directs

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12
Q

Definition of construction project management:
provide professional _____________ services to the owner of a construction project with the ________ of achieving ________ _________ at ________ ______

A

management, objective, high quality, minimum cost

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13
Q

What are the construction Management procedures

A

evaluate, organize, plan, monitor, control, learn

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14
Q

Construction Management Procedures balances:
-scope work
-________
-______
- natural/political/social environment
-________
-risk
-communication
-human resources
-accounting/procurement
-________

A

schedule, cost, quality, safety

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15
Q

What are the management levels of construction

A

organizational, project, activity, operation, process, task

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16
Q

Organizational (Companies, corporations)
________ and ___________ structure of a firm, functional areas of management, _________between head and field offices

A

legal, business, interaction

17
Q

Project (at the job site)
terms related to the _____________ of the project for the purpose of integrating quality, safety, time, and cost control

18
Q

activity
____________of specific _______ _________ equated to time and cost control
current cost, time, resource use, and status control

A

attainment, project segments

19
Q

operation
focus on ____________ _________ and technology
means of ___________ construction, detailed ________ listings and synthesis of work processes

A

construction methods, achieving, resource

20
Q

Process:
basic technological ___________ and logical task collections
recognizable __________ of construction, individual and mixed trade actions and ___________ of work tasks

A

sequences, portions, collections

21
Q

task (individual work tasks)
fundamental _______ ______ focus, intrinsic knowledge and skills at the _____ level, and labor work ____________

A

work unit, crew, assignments

22
Q

Work Breakdown Structure (WBS)
a _________ organization of the work elements in a project
collectively _______ the overall product and may involve hardware, software, services and ______________

A

hierarchical, describe, documentation

23
Q

Reasons for developing WBS
the total program can be described as a _________ of subdivided elements
__________ can be performed
______ and ________ can be established
___________ can be linked to company resources in a logical manner
schedules and _______-__________ procedures can be established
network construction and ________ planning can be initiated

A

summation, planning, costs, budgets, objectives, status-reporting, control

24
Q

Planning and Scheduling
studies of the plan (conceptual schedule) are made to determine:
how to meet project _________ _______
resource ____________ for individual activities and overall project
________________ to resolve unbalanced or conflicting _________
ultimately a calendar-date _______ of each __________

A

completion date, requirements, adjustments, demands, schedule of each activity

25
what are different ways that planning and scheduling is documented
Gantt charts calendar task precedence charts arrow charts
26
Project Cost Estimation: based on a detailed quantity "_____ __" applied to labor, construction, equipment, and materials the process of obtaining actual ___________ _____ and ______ _______ form ongoing projects
take off, production rates, unit costs
27
For project cost estimation, especially labor and equipment costs, capture: -labor and equipment _______ hours - hourly ___________ _____ for labor and equipment - _______ of work _____________ in a specified time - augmented by subcontract amounts and taxes, overhead, ______ _______
work hours, hourly expense rates, quantity of work accomplished, surety bonds
28
What are the project cost controls
prepare forecast, comparator period, compare forecast/actual, analyze and report, action and implement
29
Project financial management not only controls _____ but also manages ______ _______
cost, cash flow
30
Cash flow represents the ___________ of cash into the project and the ________ of invested cash from the project owner through ___________ ___________
investment, recovery, progress payments
31
cash flow is the _____ ________ of the project, hence the company
life blood
32
Computerized vs. Manual Methods once field construction ________, large volumes of data must be ________ and ___________ to information leading to action - data _______ (some automatic, some manual) - data ___________ (standardized, but some "special" requests") - ____________ summarized (tables and graphs) - ________ and propose/test/implement actions (if necessary)
begins, captured, converted, capture, manipulation, information, interpret