Chap 3b Project Management
Chap 3b Project Management
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Project Life Cycle
1. Defining stage – consists of the inception and
feasibility stages.
2. Planning stage – planning is carried out with
regard to the project scheduling, budget and
quality level desired.
3. Execution stage – the production of physical
product.
4. Delivering stage – completion and handing over of
the project to the owner. This may also include
repair and maintenance activities. The project
cycle is concluded by a demolition or
decommissioning activity.
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Project Life Cycle Chart
Project title: Construction project
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Project Management Objectives
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Importance of Planning &
Scheduling
To increase project efficiency and performance.
To identify, assess and reduce risks.
To define the sequence of activities to ensure optimum use
of resources.
To provide a framework for decision making in the event of
change.
To assess project cost and whether the project is within
budget.
To know how long the project will take.
To disseminate information to people.
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Types of Cost in a Project
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Techniques for Cost Estimating
1. Expert opinion
2. Analogy estimate
Proposed cost
= Analogous cost x [Proposed capacity / Analogous capacity)]0.7
3. Parametric estimate
Proposed cost = Parameter x “Cost per unit parameter” rate
4. Cost indexing
C2 = C1 x Index1 / Index2
5. Analytical estimating
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Gantt (Bar) Chart Example 1:
A Bridge Construction
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Network Diagram: Activity-on-arrow (AoA)
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2. Gantt chart created with Microsoft®
Visio program
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Workflow 1. Pipe-laying project schedule
spanning 18 days
Figure 2 Activity on arrow network diagram of construction
Figure 3 Activity on arrow network diagram showing reduced
construction duration
Figure 4 Revised Gantt chart showing reduced project duration (revised
using Microsoft® Visio)
Figure 5 Gantt chart of a wall construction project
Exercise 3 Wall construction project
A Gantt Chart with Critical Activity
(Example 4)
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A Gantt Chart with Critical Activities
(Example 4)
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Example 5 Gantt Chart for a product development
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Exercise 1: Develop a Gantt chart
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Exercise 2: Develop a Gantt chart
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MICROSOFT PROJECT 2016
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Software links:
https://youtu.be/5v_42_4Vl2o (to learn the software)
https://youtu.be/9E7A9NwOr-k?si=b-9kcsazkjMp-dK3 (to install)