Project management Flashcards

(9 cards)

1
Q

Objectives of being a PM

A
  • Define prom
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2
Q

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

A
  • Scope
  • Schedule
  • Resources
  • Finances
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3
Q

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

A

Risk mgmt.

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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
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5
Q

what are the delivery methods

A
  • Design bid build
  • Design build
  • Design assist
  • GCCM
  • MCCM (like GCCM Gmax)
  • Job Order Contracts
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6
Q

What is the main driver for project delivery methods?

A

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

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7
Q

How are projects awarded?

A
  • Best value
  • Low bid
  • Negotiated
  • Qualification base
  • Sole source - direct select
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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
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9
Q

Key drivers in owner’s decision?

A
  • Owner control
  • Oner relationships
  • Project budget
  • Project schedule
  • Owner risk
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