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Project Control: Integrating Cost and Schedule in Construction

Project Control

By Wayne J. Del Pico

This guide will help your through detailed reasoning behind the methodologies of monitoring, proper planning, and controlling your project costs and other factors

Price: $73.00
Product Code/ISBN: 9781118421062
Year: 2013
Binding: Softcover     Page Count: 240
Publisher: Wiley


Grab Project Control: Integrating Cost and Schedule in Construction to help manage your project better. This guide will help your through detailed reasoning behind the methodologies of monitoring, proper planning, and controlling your project costs and other factors. Whether you’re a student or a professional, if you deal with project costs this guide is essential for your success.

Table of Contents

Foreword

About the Author

Introduction

  1. The Basics
    1. The Concept of Project Management
    2. History of Project Management
    3. Approaches to Project Management
    4. The Traditional Approach
    5. The Initiating Process
    6. The Planning Process
    7. The Executing Process
    8. The Monitoring and Controlling Process
    9. The Closing Process
    10. Benefits of Proper Planning
    11. The Role of the Project Manager
    12. Lead the Project Team
    13. Create the Project Plan
    14. Develop the Project Schedule
    15. Monitor the Progress of the Project
    16. Control the Project
    17. Take Corrective Action
    18. Achieve the Project Goals
    19. Goals of the Project
    20. Contractual Performance Obligations
    21. Financial Objectives
    22. Prevent or Minimize Delay
    23. Avoid Claims or Litigation
    24. Control the OPC Relationship
    25. Increase Market Share
    26. Role of the Contract Documents
    27. Study the Plans and Specifications
    28. Identify Discrepancies Early
    29. Visit the Project Site
    30. Understand the Project Constraints
    31. Determine Potential Problem Areas
    32. Understand Contract Procedures
    33. The Schedule and Budget
    34. Summary
  2. Introduction to Project Control
    1. Overview of Project Control
    2. Project Control Terminology
    3. Project Control Formulas
    4. The Project Control Cycle
    5. Plan to Achieve Goals
    6. Execute Work According to Plan
    7. Measure the Progress
    8. Identify Variations
    9. Analyze Cause of Variations
    10. Implement Corrective Actions
    11. Execute Work and Measure Changes
    12. Summary
  3. Pre-Construction Planning
    1. Initiating the Control Process
    2. Pre-Construction Planning
    3. Key Personnel and Responsibilities
    4. The Contractor’s Group
    5. The Design Professional’s Group
    6. Owner’s Group
    7. Regulatory Group
    8. The Plan – The Roadmap
    9. Establishing a Baseline for Schedule Control
    10. Establishing a Baseline for Cost Control
    11. The Communication Plan
    12. Summary
  4. The Schedule
    1. Basic Scheduling Concepts
    2. Types of Schedules
    3. The Checklist
    4. The Schedule Board
    5. The Bar Chart
    6. The Look Ahead
    7. The Linear Schedule
    8. Advanced Scheduling Methods
    9. Program Evaluation and Review Technique
    10. Critical Path Method (CPM)
    11. The CPM Schedule as a Management Tool
    12. Tasks
    13. The Work Breakdown Structure
    14. Task Types
    15. Task Descriptions
    16. Task Durations
    17. Interdependencies
    18. Complex Relationships – Lags and Leads
    19. Milestones and Constraints
    20. Float
    21. Updating the Schedule
    22. Summary
  5. The Budget
    1. Fundamentals of the Estimating Process
    2. Types of Estimates
    3. Organization of Estimates
    4. The Budget
    5. Deconstructing the Estimate to Build the Budget
    6. Project Cost Report
    7. The Budget as a Management Tool
    8. Summary
  6. Integrating the Schedule and the Budget
    1. Schedule of Values
    2. Matching Cost Values to Tasks
    3. Planned vs. Actual Values
    4. Summary
  7. Calculating and Analyzing Progress
    1. Measuring Performance
    2. Units Completed
    3. Incremental Milestone
    4. Start/Finish
    5. Cost Ratio
    6. Experience/Opinion
    7. Weighted or Equivalent Units
    8. Earned Value
    9. Fixed Budget Approach
    10. Variable Budget Approach
    11. Choosing a Fixed or Variable Approach
    12. Schedule and Cost Performance
    13. Summary
  8. Analyzing and Reporting Variances in Schedule and Cost
    1. Understand Project Analyses
    2. Curves
    3. Tracking Gantt Chart
    4. Control Charts
    5. SPI and CPI Charts
    6. Causes of Variances
    7. Cost Variances
    8. Schedule Variances
    9. Variance Thresholds
    10. Root Cause Analysis
    11. Reporting Project Status
    12. Summary
  9. Recognizing Trends and Forecasting Performance
    1. Recognizing Trends
    2. Using Trends to Forecast
    3. Estimate at Completion
    4. Estimate to Complete
    5. Variance at Completion
    6. To-Complete Performance Index
    7. Project Percentage Analysis
    8. Summary
  10. Productivity
    1. Understanding Productivity
    2. Productivity Index
    3. Factors Affecting Construction Productivity
    4. Controllable Factors Affecting Productivity
    5. Uncontrollable Factors Affecting Productivity
    6. Recommendations for Improving Productivity
    7. Summary
  11. Acceleration and Schedule Compression
    1. Acceleration
    2. Actual Acceleration
    3. Constructive Acceleration
    4. Forced Acceleration
    5. Schedule Compression
    6. Time-Cost Trade-Off Analysis
    7. Time-Cost Trade-Off Concepts
    8. Recovery Scheduled
    9. Summary
  12. Resource Management
    1. Resources
    2. Resource Allocation
    3. Resource Management
    4. Resource Profile
    5. Splitting Tasks
    6. Material Management
    7. Material Management in Practice
    8. Summary
  13. Risk Management
    1. Components of Risk Management
    2. Risk Identification
    3. Risk Assessment
    4. Risk Response Plan
    5. Risk Response Control
    6. Risk Contingency Planning
    7. Contingency Plan Funding
    8. Probability Analysis
    9. Contract Modifications and Impact on Risk
    10. Summary
  14. Project Closeout
    1. Initiation of Project Closeout
    2. Objectives of the Closeout Process
    3. Contract Closeout
    4. Administrative Closeout
    5. Archiving Project Files
    6. Lessons Learned Meeting
    7. Lessons Learned Documentation
    8. Project Closeout Report
    9. Summary
    10. Appendix A Practice Review Questions
    11. Appendix B Answers to Practice Review Questions
    12. Index
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