ARE 5.0 Project Management, With Complete Solution
ARE 5.0 Project Management, With Complete Solution
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ARE 5.0 Project Management, With Complete Solution
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ARE 5.0 Project Management, With Complete Solution
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ARE 5.0 Project Management, With Complete Solution
ARE 5.0 Project Management, With Complete Solution
Project Management
Includes project planning, scheduling, monitoring, coordinating and directing, updating documentation, closing out the job, and following up with clients.
Partnering
Various stakeholders in a project (such as the architect,...
ARE 5.0 Project Management, With Complete Solution
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ARE 5.0 Project Management, With Complete
Solution
Project Management
Includes project planning, scheduling, monitoring, coordinating and directing, updating
documentation, closing out the job, and following up with clients.
Partnering
Various stakeholders in a project (such as the architect, owner, contractor and vendors)
all participate in the decision-making process.
Bar Chart
Method commonly used for scheduling design and construction projects. Tasks are
listed in chronological order on vertical access and time period is listed on horizontal
axis. (Aka Gantt Chart)
Dependency
The relationship between a task that must be completed before another can start.
Critical Path Method (CPM)
Common scheduling tool that graphically depicts all the tasks needed to complete a
project, the sequence in which tasks must occur, and each task's duration.
Float
The maximum length of time a noncritical task can be delayed or extended before it
causes a delay.
Work Plan
A detailed project schedule, breaking the project down into its component tasks and
assigning staff members and other resources to each task. (Aka Fee projection)
Pro Forma
Statement listing the expected income that the project will generate and the expected
costs to build the project.
Value Engineering
Reviewing individual systems and materials to see if the same function can be
accomplished in a less expensive way.
Building Cost
The money needed to construct the building, including structure, exterior cladding,
finishes, and electrical and mechanical systems, as well as the contractor's overhead
and profit.
Site Development Costs
Cost of parking, drives, fences, landscaping, exterior lighting, and irrigation systems.
Furniture, Fixtures, and Equipment (FF&E)
Costs of movable equipment, furnishings, accessories, and window coverings.
Professional Services
Architectural and engineering fees as well as costs for services such as topographic
surveys, soil tests, special consultants, appraisals, and legal consultation.
Financing
Includes the long-term interest paid on permanent financing as well as the immediate
costs of loan origination fees, construction loan interest, and other administrative costs.
, Debt Service
The cost to pay off the construction loan for a project and is generally considered an
ongoing cost over many years, not part of the original cost of the project.
Top-Down Approach
An approach for estimating fees where the PM begins by estimating the total fee
needed to complete the project using a combination of rules of thumb and historical
data.
Bottom-Up Approach
An approach for estimating fees where the PM begins by breaking the project down into
individual tasks and estimating how much time will be needed to complete each one.
Total Working Fee
The fee available to pay people to do the job after subtracting fees for proffit,
consultants and other expenses.
Project Monitoring Chart
Used to monitor employees' time sheets weekly in order to compare the actual hours
expended to the budgeted time and take corrective action if the actual time exceeds the
budgeted time.
Communication
The most important aspect of project management that includes 4 basic kinds known as
work assignments, instructions, reward and punishment and social interaction.
Consultant
An expert who is not part of the firm's regular staff but is employed to work on one or
more specific projects.
Structural Engineer
Designs and produces the drawings and specs for any new structure or structural
modifications, including the building foundation, frame, floors, and load-bearing walls.
Mechanical Engineer
Designs and produces the drawings and specs for the heating, ventilating, and air
conditioning (HVAC) systems on a project, as well as any plumbing systems needed.
Project Notebook
Gives the PM immediate access to information for planning, coordinating and
monitoring the job. One of the most useful PM tools.
Project Perfection Syndrome
The desire to continue to pursue perfection.
Meeting Minutes
Documentation of all meetings and serve as the formal record of the proceedings and
may have legal implications later on.
Contract Documents
The formalized form of mutual understanding about what the architect will do and what
the client will give in return for services rendered.
Basic Services
Include the five traditional phases of a design-bid-build project: schematic design,
design development, construction documents, bidding, and construction administration.
Additional Services
Other services not apart of basic services which can include programming, building
information modeling, LEED certification, and post occupancy evaluation.
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