Project management Flashcards
(9 cards)
1
Q
Objectives of being a PM
A
- Define prom
2
Q
what are the 4 simultaneous key components of a project mgmt. plan?
A
- Scope
- Schedule
- Resources
- Finances
3
Q
What is the one driving factor of the 4 simultaneous key components of a project mgmt. plan?
A
Risk mgmt.
4
Q
Main topics of project mgmt. plan?
A
- 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
Q
what are the delivery methods
A
- Design bid build
- Design build
- Design assist
- GCCM
- MCCM (like GCCM Gmax)
- Job Order Contracts
6
Q
What is the main driver for project delivery methods?
A
The constrained schedule is the main driver for project delivery method.
7
Q
How are projects awarded?
A
- Best value
- Low bid
- Negotiated
- Qualification base
- Sole source - direct select
8
Q
What are the contract types?
A
- Lump sum
- Fixed price
- Time and material
- Fee based contracts
- GMP with fee
- Cost plus with fee
- Fixed with fee
9
Q
Key drivers in owner’s decision?
A
- Owner control
- Oner relationships
- Project budget
- Project schedule
- Owner risk