... Use of Project
Information
14. 1 Types of Project Information
Construction projects inevitably generate enormous and complex sets of information. Effectively
managing this bulk of information ... the scope and alternatives for organizing project information.
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14. 2 Accuracy and Use of Information
Numerous sources of error are expected for project information. W...
... Financing for Contractors
For a general contractor or subcontractor, the cash flow profile of expenses and incomes for a
construction project typically follows the work in progress for which ... period t, for
t=0,1,2, ,n for n=5 in this case. The net operating cash flow at the end of period t for t 0 is given by:
(7.17)
where A
t
is positive for a surplus and negativ...
... MARR = 14. 5% will produce a zero value for the net present value
of the discounted after-tax flow at t = 0. In other words, the required uniform annual gross receipt for
this project at 14. 5% ...
Then, a project is acceptable if NPV 0. When the annual gross receipt is uniform, i.e., B
t
= B for t =
1, 2, , n and B
0
= 0, then, for NPV = 0:
(6.32)
Thus, the minimum un...
... 1
Project Management for Construction
Fundamental Concepts for Owners, Engineers, Architects and
Builders
1. The_Owners'_Perspective
2. Organizing _For _Project_ Management
3. ... on project management.
Chapters 1 to 3 present an overview of the construction management and design process which should
be of interest to anyone engaged in project management f...
... Organizing for Project Management
2.1 What is Project Management?
The management of construction projects requires knowledge of modern management as well as an
understanding of the design and construction ... between the two so that modern management techniques developed for general
management may be adapted for project management.
The basic ingredients for a...
... Pre -Project Planning
Even before design and construction processes begin, there is a stage of "pre -project planning" that can
be critical for project success. In this process, the project ... needs.
Example 3 -14: The Project Definition Rating Index (PDRI) for Building Projects The
Construction Industry Institute has developed rating indexes for different type...
... Benefits of Materials
Management Systems,", ASCE Journal of Construction Engineering and Management, Vol. 113, No.
2, June 1987, pp. 222-234. (Back)
7. The information for this example was ... Develop a Project Schedule," in A.E.
Kerridge and C. H. Vervalin (eds.), Engineering and Construction Project Management, Gulf
Publishing Company, Houston, 1986. (Back)
9....
... engineer's estimate for a project involving 14 miles of Interstate 70 roadway in Utah was
$20,950,859. Bids were submitted on March 10, 1987, for completing the project within 320 working ... prices for different items of work submitted for this project by (1) Ball, Ball & Brosame, Inc.
and (2) National Projects, Inc. are shown in Table 5-2. The similarity of their...
... 100%
Project coordinator
Project lead
Project coordinator
Project lead
Project expeditor
Project manager Project manager
Program manager
Program manager
Project manager
9618$$$CH409-06-0 214: 59:11PS
107
Human ... man-
agement of the project.
Projects work best when the environment around them is organized in
a way that is good for project management. The matrix organi...