CFM 415 Final Exam

CFM 415 Final Exam 2024 a unique one time activity with tasks and a fixed duration - Project a system that provides for the planning, organizing, directing, and controlling of a unique one-time activity so to complete it on-time, on-budget, safely, and to a specified quality with no claims - Project management planning, organizing, directing, controlling - PODC Make money - Number one goal time - Schedule material, budget, equipment, people - Resources what has to get done and quality - Scope scope (quality), resources, schedule - Triangle It depends - What is the most important part of the triangle? Scope - What do you plan first? holds people accountable and creates change - confrontation has anger behind it - contention Preconstruction meeting - Most important meeting Agenda, notes, timely, accountability for old assignments, and new assignments given - What is included in a good meeting? Because they were an experience - Why do you remember things? to prove decisions for legal issues, who was there, action items, control over what gets documented - Why use meeting minutes? Date and time, who was there, assignments, new business, old or outstanding items, change order status, safety concerns, and progress - What should be included in meeting minutes? As early as possible - When should a project manager get involved? gather information and study (existing conditions, estimate, budget, schedule, and addendas) - What is the first thing you do once you win a project? changes to project or scope before contract is created - Addenda a piece of the scope not covered by any subcontractor - Scope gap A project delivery method in which the owner holds two separate contracts for design and construction. This method is often referred to as the traditional project delivery method. Drives the price down for the owner but risks low quality or failure - Design-Bid-Build A project delivery method in which there is only one contract between the owner and a design-build entity. The design-builder is responsible for both the design and the construction of the project. Allows construction to start before design is finished - Design-Build A contract where payment is for material and labor, with a profit factor added. Eliminates risk and guarantees profit for General Contractor - cost-plus A contract where the contractor is involved early to help determine price and has to explain why owner should choose them. A GMP is set - CM @ Risk A delivery method where the CM acts as the owners representative and has no risk - CM Agency Guaranteed Maximum Price - GMP reputation is your overall quality or character; be an involved, active project manager - John H. Wright main points Integrated Project Deliver is a new approach to project delivery where the entire project team works together on the project to increase the coordination and collaboration The contractual relationships in an IPD method are shared among the Owner, Architect, Consultants, and Contractor who jointly share in the success or failure of the project Good for a fast schedule - IPD public-private partnership is a way to collect funding that owner will pay back with interest - PPP owner, architect, contractor, and other players. When the least of us is threatened we are all at risk - Project Team Responsible for paying for the work and will have contracts with architect and/or contractor - Owner Designs project, does project administration, writes general requirements, and interprets drawings - Architect responsible for getting the work done, responsible for LMESO, and develops the means and methods for how the project gets done - Contractor