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Category : Construction Management

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

Construction Cost Estimates and Estimating Cost of Construction Projects

Construction Cost Estimates and Estimating Cost of Construction Projects Construction cost estimates is the forecast of cost of construction of a project. Estimating cost of construction projects is the first step for any project management. In any construction activity, two basic things are ...

CONSTRUCTION SITE PLANNING

Site planning is a design tool used to determine an appropriate development outcome, based on an analysis of the development site’s constraints. The opportunities and constraints inherent to a site and the response to a program/design brief are analysed and ...

COST PLUS CONTRACTS

COST PLUS CONTRACT Cost + (cost plus) is a Contract agreement where the Owner agrees to pay the cost of all labor and materials plus an amount for Contractor overhead and profit (usually as a percentage ...

STRUCTURAL EVALUATION PROCESS

STRUCTURAL EVALUATION PROCESS This procedure is applicable for conventionally reinforced cast-in-place concrete, precast-prestressed concrete and post-tensioned cast-in-place concrete. The evaluation of an existing concrete building is usually performed for stability, strength, safety and future expected life. Evaluation of a structure may ...

BIDDING PROCESS

Following completion of the construction plans and specifications, the regulatory approval process begins. Since the regulatory agencies are so numerous and varied in their areas of authority, It is very difficult to describe them all even naming them all would ...

EARNED VALUE ANALYSIS

In construction industry Earned value analysis (EVA) is the one of the most popular and standard method of measuring a works progress at any given time, also forecasting its final date of completion and completion cost. it is also used ...

SOME NOTABLE EXCERPTS IN CONTRACT MANAGEMENT

Some excerpts of the decisions given by the Indian courts on arbitration: 1. In case of errors apparent on the face of the award it can only be set aside if in the award there is any wrong proposition of law ...

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 ...