Podcast
Questions and Answers
Explain the primary objective of resource leveling in project management and how it is typically achieved?
Explain the primary objective of resource leveling in project management and how it is typically achieved?
The primary objective of resource leveling is to minimize fluctuations in day-to-day resource use throughout the project. It is typically achieved by shifting noncritical activities within their available float to make the daily use of resources as uniform as possible.
What is the key difference between forward and backward resource leveling, and how might these approaches affect project duration?
What is the key difference between forward and backward resource leveling, and how might these approaches affect project duration?
Forward resource leveling starts from the project's beginning, potentially extending the finish date if resources are limited. Backward resource leveling starts from the project's end, possibly pushing the start date earlier if resource constraints exist.
Describe the purpose of a 'submittal' in the context of construction contracts, and who typically uses them?
Describe the purpose of a 'submittal' in the context of construction contracts, and who typically uses them?
A submittal provides technical specifications, shop drawings, or samples to designers for review and approval, ensuring that the correct materials are used on the project.
Explain the concept of 'project buyout' and why it is an important step in project management?
Explain the concept of 'project buyout' and why it is an important step in project management?
What is the purpose of 'Three-week Schedules' and how do they contribute to project management?
What is the purpose of 'Three-week Schedules' and how do they contribute to project management?
What is the main goal of 'project monitoring,' and why is it considered essential for successful project completion?
What is the main goal of 'project monitoring,' and why is it considered essential for successful project completion?
In Earned Value Management, what are the three things that are compared to determine the cost and schedule performance, as planned?
In Earned Value Management, what are the three things that are compared to determine the cost and schedule performance, as planned?
What is the primary purpose of 'cost control' in project management, and how does it relate to the project budget?
What is the primary purpose of 'cost control' in project management, and how does it relate to the project budget?
What are the first steps towards resolving claims, according to the text?
What are the first steps towards resolving claims, according to the text?
Describe the key activities that general contractors undertake during the 'post-award' phase of subcontractor management.
Describe the key activities that general contractors undertake during the 'post-award' phase of subcontractor management.
Flashcards
Resource Allocation
Resource Allocation
Assigning required resources to each activity with the right amount and timing (also called resource loading).
Resource Leveling
Resource Leveling
Minimizing fluctuations in resource use by shifting noncritical activities within their available float.
Free Float
Free Float
Maximum time an activity can be delayed without delaying the start of the succeeding activities.
Forward Resource Leveling
Forward Resource Leveling
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Backward Resource Leveling
Backward Resource Leveling
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Material Management
Material Management
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Project Start-Up
Project Start-Up
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Earned Value Monitoring
Earned Value Monitoring
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Subcontractor Management
Subcontractor Management
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Project Crashing
Project Crashing
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Study Notes
- Resource allocation involves assigning the necessary resources to each activity with correct quantity and timing, also known as resource loading.
- Resource leveling involves minimizing the fluctuations in day-to-day resource utilization throughout the project, often by shifting noncritical activities within their available float.
- The goal of resource leveling is to maintain a consistent daily use of a resource throughout the project's life cycle.
- Free float represents the maximum time an activity can be delayed without affecting the early start of subsequent activities.
- Resources include labor, equipment, and materials.
- Forward resource leveling involves leveling resources from the project start, maintaining resource usage within limits, and potentially delaying activities, which may extend the project finish date.
- Backward resource leveling involves leveling resources from the project finish, maintaining resource usage within limits, and potentially causing project start to occur before the originally scheduled date.
- Materials management is the planning and controlling of all efforts to ensure the correct quality and quantity of materials and equipment are specified, obtained at a reasonable cost, and available when needed.
Starting Up the Project
- Project start-up involves mobilizing the project management team, educating them on project risks, and conducting team-building activities.
- Jobsite planning involves mobilizing the project management team, educating them on risks, and conducting team-building activities.
- Mobilization involves establishing the project office and temporary facilities, ensuring site access, installing fencing and gates, and preparing start-up checklists, logs, and insurance certificates.
- Initial submittals may include shop drawings, product data sheets, or samples for designer review and approval.
- Submittals are used by design professionals to ensure correct materials.
- Project buyout involves awarding subcontracts, procuring materials, and comparing actual costs to budgeted costs.
- Three-week schedules are used to manage day-to-day activities.
Project Monitoring
- Project monitoring involves keeping a close watch on the project management life cycle to ensure activities are on track.
- Project monitoring is used to measure project progress
- Success depends on a clearly defined structure
Earned Value Monitoring
- Earned value determines the estimated or budgeted value of completed work and compares it with the actual cost.
- Earned Value Management integrates scope, schedule, and budget to measure project performance.
- Earned Value Management is used to compare planned work with what was actually earned and spent to determine cost and schedule performance.
- Cost control is to gain maximum profit within budget
- Project cost risk is the risk that a project will spend more money than was originally budgeted.
Project Control—
- Project Control is the continuous process of: Monitoring work progress, comparing it to Baseline Schedule and Baseline Budget
- Project Control involves finding any variances, analyzing the variances to find out the causes, and then taking corrective actions whenever and wherever necessary to bring the project back on schedule and within budget.
- Information System is helps to collect data on operators, tools, vehicles and equipment, it also offer you the opportunity to compare estimated and actual costs.
- Quality Control ensures materials and installation meet contract requirements.
Conflict Management
- Mediation resolves disputes through an impartial intermediary who suggests settlement options.
- Negotiation involves two or more parties with competing interests discussing an issue to reach an agreement
Project Control
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Project Control encompasses the resources, procedures, and tools for planning, monitoring, and controlling all project phases.
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Subcontractor management involves procuring subcontractors and overseeing their work.
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Pre-award is the stage that general contractors assess project needs
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Award is the stage that bids and proposals from subcontractors in search of the best candidates get reviewed
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Post-award involves general contractors monitoring subcontractors.
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Close-out involves general contractors inspecting work.
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Project crashing speeds up a project through addition of resources.
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Change Management integrates a procedure for handling project changes.
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Critical Chain is a method of planning and managing projects that emphasizes the resources required to execute project tasks.
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