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Flashcards in Project and Practice Management Deck (40):
1

5 considerations in scheduling

cost
time
aesthetics
function
sustainability

2

GANTT CHART

bar chart with float indicated; shows flow/order but not critical path

3

CRITICAL PATH SCHEDULE

shows activities and indicates duration with dependencies
tasks illustrated as arrows

4

DUMMY

in critical path chart, a dotted line to separate 2 tasks otherwise defined by the same point

5

7 major elements in cost estimating

site acquisition
construction
professional services
inspection and testing
contingencies
financing
misc. (atty, listing for bids, permits...)

6

estimating method by project phase

programming: unit cost
schematic design: major elements and building subsystem options compared
design development: more detail with suggested changes
construction documents: components, assemblies, and systems (used to verify pay applications)

7

FEE CALCULATION: DSE

Multiple of Direct Salary Expense
multiply by factor to cover fringe benefits, overhead and profit

8

FEE CALCULATION: DPE

Multiple of Direct Personnel Expense
fringe benefits and salary multiplied by a factor to cover overhead and profit

9

FEE CALCULATION: PROFESSIONAL FEE PLUS EXPENSES

professional services separated from specific identified costs

10

FEE CALCULATION: HOURLY BILLING RATE

billed at standard rate for hours worked - often on a "not-to-exceed" basis

11

FEE CALCULATION: STIPULATED / LUMP SUM

total payment amount is agreed upon
may be as a percentage of construction cosst

12

FEE CALCULATION: UNIT PRICE CONTRACT

based on acceptance of unit price quotes for various elements

13

architectural fees as percentage of construction cost

10%

14

mechanical fees as percentage of construction cost

15%

15

electrical fees as percentage of construction cost

12.5%

16

civil fees as percentage of construction cost

10.5%

17

structural fees as percentage of construction cost

9.4%

18

contractor fees: general overhead

8-10% firm value

19

contractor fees: project overhead

4-10% construction cost

20

contractor fees: profit

15-20% small
10-15% medium
5-10% large

21

cost estimating: pre-planning/ proposal

unit cost bsis

22

cost estimating: programming

unit cost based on similar building types and function of spaces

23

cost estimating: schematic design

based on major elements of building systems

24

cost estimating: design development

based on detailed components

25

cost estimating: construction documents

based on unit rates for components, assemblies and systems

26

project phases as percentage of entire project duration

schematic design: 15%
design development: 15%
construction documents: 35%
bidding and negotiation: 5%
construction administration: 30%
project closeout might be 2-5%

27

5 factors that impact schedule

project size
budget
complexity
number of people on project
reaction time

28

FLOAT

in a critical path schedule, range of time during which a non-critical activity can start and end without affecting the overall schedule

29

FAST TRACK SCHEDULE

CDs issued in bid packages so that construction can begin while design is being completed
10-30% reduction in time to complete

30

PROJECT SCHEDULING: BRIDGING

a type of design-build. Owner secures price early and contractor contributes knowledge of construction methods and materials and relationships with suppliers. Contractor controls detailing and architect provides advice.
Lower up-front cost / overal cost effective
contractor solely responsible for product of construction

31

SHUTTLE DIPLOMACY

revising written document over and over until 2 parties agree
time-consuming but effective when far apart on opinions

32

GROUPTHINK

decision by deference - mediocre result because ideas aren't challenged and refined

33

BRAINSTORMING

generat as many ideas as possible without considering feasibility and with no criique

34

LATERAL THINKING

non-linear thinking that creates a number of alternatives for later evaluation

35

PROFESSIONAL LIABILITY INSURANCE

held by architects/design professionals
for negligence in meeting standard of care expected (ex: not meeting ADA compliance)

36

WORKER'S COMPENSATION INSURANCE

help by almost everyone
liability to employees for injury or sickness as a result of work

37

PROPERTY/BUILDERS RISK INSURANCE

held by owner
covers damages, loss of work on site, off site, or in transit

38

LOSS OF USE INSUTANCE

held by owner
covers financial loss due to delay in construction because of damage, accidents, fire and other hazards

39

PRODUCT AND COMPLETED OPERATIONS INSURANCE

held by contractor
liability for damages caused by installed goods after construction and transfer of title

40

CONTRACTUAL/INDEMNIFICATION INSURANCE

liability assumed by contract where contractor agrees to hold owner and architect harmless for damages as a result of specific events