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Category : Construction Project

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

Types of Construction Cost Estimation and Their Purposes

There are different types of construction cost estimation done by owner, contractor and engineer. They all have their own purpose to know in advance the expected cost of the project in varying degree of accuracy, at different phases of construction. Purpose ...

Life Cycle Cost in Construction Projects and Time Value of Money

What is 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 ...

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 a Construction Project

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

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 ...