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Category : Construction Management

Construction management include a project manager, planning, estimation, scheduling, tendering, contracts, equipments etc.

THE TIME VALUE OF MONEY

THE TIME VALUE OF MONEY The time value of money is a relationship between the value of money today and its value at some future date, considering the interest charged or paid for the use of money. When an asset ...

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CONCRETE CONSTRUCTION STAGES

During the concrete construction stage, actual work is executed as per the plans and specifications prepared earlier. The construction methodology is carried out in a planned manner preventing wastage of manpower, materials and money and ensuring completion of the project ...

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CONSULTANCY IN CONSTRUCTION

Civil engineers commonly work as consultants by becoming employees or independent contractors for engineering consulting companies. These consultants most often provide design and analysis services. They plan and design buildings, bridges, highways, water treatment plants, harbors, railroads, and airports. They ...

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BEST PRACTICES IN CONSTRUCTION

What is Best Practice? Best practices is defined as ‘the policy, systems and procedures that, at any given time, are generally regarded by peers as the practice that delivers optimal outcome, such that they are worthy of adoption’. Best Practice is the ...

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RELEVANCE OF CONSTRUCTION SCHEDULES

In addition to assigning dates to project activities, project scheduling is intended to match the resources of equipment, materials and labor with project work tasks over time. Good scheduling can eliminate problems due to production bottlenecks, facilitate the timely procurement ...

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ESTIMATING PROJECT ACTIVITY DURATION

In most scheduling procedures, each work activity has an associated time duration. These durations are used extensively in preparing a schedule. TABLE 1: Durations and Predecessors for a Four Activity Project Illustration

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Role of Construction Professionals in Monitoring a Construction Project

Role of construction professionals such as architects, engineering consultants, builders, quantity surveyors in monitoring a construction project is discussed. A construction project is a product of different information and designs from different professionals. If these information and designs are to be ...

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CONTRACT DOCUMENTS

The National Building Code (2006) defines contract documents as including the following: i. Contract drawings and specifications prepared by registered architects and registered engineers; ii. Priced bill of quantities prepared by a registered quantity surveyor; iii. Construction programme, project quality management plan, project ...

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RISKS IN PPP PROJECTS

CLASSIFICATION OF RISKUnderstanding and addressing the risks of a PPP project early on is important for both the parties in PPP. This chapter presents many of the risks involved and actions that can be taken to mitigate ...

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