Category : Construction Project

Construction Projects involves project manager, estimation, planning, scheduling, controlling, and management.

CHARACTERISTICS OF A CONSTRUCTION PROJECT

Any construction project management has two philosophies, i.e. time-driven and cost-driven. Managing cost of construction project with completion in time with high quality and achievement of objectives is called project management. A project shall have its own characteristics set ...

PROJECT PLANNING, SCHEDULING & CONTROLLING

PROJECT PLANNING   In planning phase, plan is made and strategies are set, taking into consideration the company policies, procedures and rules Planning provides direction, unifying frame work, performance standards, and helps to reveal future opportunities and threats In Planning, the following steps ...

FACTORS CONSIDERED FOR CONSTRUCTION PROJECT

Selection of a site depends on the type and the size of the Project. Aim should be to reduce the consumption of energy resources and still create an efficient structure. Factors that affect construction project Site selection is mainly based on ...

CONSTRUCTION COST ESTIMATION

Construction cost estimation is done to know in advance the expected cost in varying degree of accuracy, at different phases of the project. Owner’s Purpose of EstimateMaking investment decision in the conceptual stage. Negotiate and finalize ...

LIFE CYCLE COST IN CONSTRUCTION PROJECTS

Life cycle cost in construction projects is a process of economic decision analysis, which helps taking decisions on investments in new construction. These decisions on investments are analyzed for the payback over the life of the investment. This method is ...

SKILL SETS OF A PROJECT MANAGER

Project Management Skill sets There are many misconception about what it takes to become a project manager. Many people think that to become a project manager they must be technical expertise in the industry they are managing. Also, many people become ...

PLANNING OF CONSTRUCTION PROJECT

Planning is the first step of project management philosophy of planning, organizing and controlling the execution of the projects. Project planning and project scheduling is two separate and distinct function of the project management. Here, we will learn about the ...

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 ...

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 ...