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Flashcards in Project management Deck (9)
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1

Objectives of being a PM

* Define prom

2

what are the 4 simultaneous key components of a project mgmt. plan?

* Scope
* Schedule
* Resources
* Finances

3

What is the one driving factor of the 4 simultaneous key components of a project mgmt. plan?

Risk mgmt.

4

Main topics of project mgmt. plan?

* Project team org. chart
* Scope mgmt.
* Schedule
* Financial cost control
* Resource mgmt.
* Procurement
* Safety
* MEP coordination
* Communication/document control
* Quality assurance/ control
* Commissioning plan

5

what are the delivery methods

* Design bid build
* Design build
* Design assist
* GCCM
* MCCM (like GCCM Gmax)
* Job Order Contracts

6

What is the main driver for project delivery methods?

The constrained schedule is the main driver for project delivery method.

7

How are projects awarded?

* Best value
* Low bid
* Negotiated
* Qualification base
* Sole source - direct select

8

What are the contract types?

* Lump sum
* Fixed price
* Time and material
* Fee based contracts
- GMP with fee
- Cost plus with fee
- Fixed with fee

9

Key drivers in owner's decision?

* Owner control
* Oner relationships
* Project budget
* Project schedule
* Owner risk