...Cost Control in Design Process of China’s Construction Project Abstract As the ruthless competition in China’s construction industry, construction project requires a win-win method to acquire the maximal benefit and simultaneously to maintain the quality for keeping the place with the market. One method commended, cost control, especially in the design process, plays a very important role in the project procedure and financial management. This article presents the main implements of cost control utilizes in different aspects of construction and certain skills to control cost in design processes of construction project. These implements and skills could be very helpful for China’s construction companies to optimize their design process and offer beneficial influence to the following steps, increases the percentage of successful project in all projects; thereby to promote the development of the company and the whole industry. Key words: Design Process; Construction project; Cost control 1. Introduction Nowadays in China, the competition within construction industry is continuously increasing, and the profit spaces are limiting. As all the investment always expect for the maximal benefit, if a company want to keep the profit and position in the market in such complicated environment, the best method for it is applying cost control to the project. Cost control in financial management is an important aspect of project management over the whole life of projects. Successfully...
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...Exams | Msc Construction Project Management | Admission into the Masters of Science programme can be obtained through: (a) Candidates with B. Sc or B. Tech. (Building) with a minimum of second class lower or GPA not less than 2.50 (on a 5-point scale) (b) HND Building plus PGD (with upper credit) from any recognized university Duration and Mode of Study. The programme is a full time programme which runs for a minimum of 18 months. The mode of study for the programme is through a comprehensive course work to be examined in both oral and written papers, seminars and other necessary work to be contained in a submitted thesis. Employment Opportunities Graduate of the programme will have further relevance in the following areas: (a) Public sector, government ministries, parastatals and research institutes (b) Private sector employments and related industries, oil and gas, power and steel, telecommunications. COURSE CODE | COURSE TITLE | UNIT | BD 701 | Construction Plants and Equipments | 2 | BD 703 | Construction Planning and Contract Practice | 2 | BD 705 | Construction Finance | 2 | BD 707 | Research Methodology | 2 | BD 709 | Project Feasibility Analysis/Studies | 2 | BD 711 | Construction Management Process | 2 | BD 797 | Research Project I | 2 | | Plus One Elective | 2 | | Total | 16 | BD 701 Construction Plants and Equipment (2 units) Selection of plant and equipment for construction work. Factors affecting the selection. The cost of hiring/owning...
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...Project Charter: Example KLSJ Consulting September 24, 2002 Project Charter Ottawa–Carleton Water Park Copyright KLSJ Consulting 14 Palsen St., Ottawa, ON, Canada, K2G 2V8 Executive Summary The following document provides a Project Charter for the Ottawa– Carleton Water Park to be developed by KLSJ Consulting. The charter describes the background and objectives for the project and explains the strategy behind the project management structure proposed by KLSJ Consulting. To meet the proposed targets, approval of this Project Charter by the owners of Carlington Aquatic Parks is required within 30 calendar days from the date of this report. The management philosophy for the project is as follows: KLSJ Consulting will manage the design, development, and construction of the park. KLSJ will hand over operations to the operations management team before the official opening. Carlington Aquatic Parks will retain approval authority for all critical design, marketing, and financial decisions throughout the project. Project team resources include the Project Manager, Project Leader (Design and Construction), Team Leader (Legal), and Team Leader (Financial) as well as a Risk Manager. The design and construction team also includes three junior members for the construction period. A contracted firm overseen by the Project Manager will carry out marketing. The Work Breakdown Structure (WBS) shown in Appendix A describes the high-level activities and...
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...Introduction “Construction Project Management is the overall planning, coordination, and control of a project from start to finish in order to deliver a function or a product that meets the client requirement within the allocated budget” (International Construction Project Management, 2003). In today’s world, construction management is becoming more complex and bigger in size (Favie & Maas, 2008). The emerging complexity in the construction industry has led to the need of an effective project control methods to deliver project on time and within budget specially that the construction industry is known as a highly dynamic industry were each project is unique and has its own characteristic. Nevertheless, the construction industry is known as...
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...Master of Science in Project Management Project Assignment Author: Email: Course: Module: Assignment Title: Date: For the attention of: Course tutor Number of pages: Jeremy Marker ID No 0908954 0908954@rgu.ac.uk Jeremy.marker@shawgrp.com MSc Project Management SU235: Project Planning and Control Project Delays and Over-Run 18th April 2010 Bassam Bjeirmi Bassam Bjeirmi 22 (Including front Section) Contents Introduction 1.0 Lack of Risk Management Systems 2.0 Design and Project Changes 3.0 Unreasonable Project scope 4.0 Over-ambitious estimates and task assessment 4.1 Delay Analysis Technique 4.2 Critical, Non-Critical Delay and Float 4.3 Excusable and Non-Excusable Delays 4.4 Compensable and Non-Compensable Delays 4.5 Concurrent Delays 4.6 Methodology Types of Delay Analysis 5.0 Inappropriate Contractors 6.0 Conclusion 7.0 References Page 1 2 4 5 6 7 8 9 9 9 10 11 13 14 Executive Summary The purpose of this assignment is to provide a report that shows evidence of the student’s understanding and the ability to apply the contents of Module SU235: Project planning and control Management, by digesting the course literature and applying the course specifics. By functionally discussing project planning and control methods on the course website forum, the student absorbed the methodology and processes of project planning and control. With this knowledge the student composed the following assignment based on “Cost Overrun” and “Delays” in projects, annotating methods and...
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...Project Management ENGG 951 Final Project Project Management ENGG 951 Final Project Commercial Tower Construction By : Amro Hafez 4245209 Ali Akram 4601014 Aouis Alhamed 4446082 Lecturer Name : Prof. Kamal Jafaar Page 1 of 61 Project Management ENGG 951 Final Project Table of Contents 1. Introduction ..................................................................................................................................... 3 2. Initiating Process Group: .................................................................................................................. 4 3. Project Scope Statement .................................................................................................................. 7 4. Project planning & scheduling: ....................................................................................................... 12 5. Quality Management Plan: ............................................................................................................ 18 6. Health, Safety and Environmental Management (HSEM): ............................................................. 32 7. Risk Management .......................................................................................................................... 36 8. Project Cost Management:............................................................................................................. 47 9. Procurement Management .............................................
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...EFFECT OF PROCUREMENT SYSTEMS ON THE PERFORMANCE OF CONSTRUCTION PROJECTS Abstract: Project procurement has been described as an organized methods or process and procedure for clients to obtain or acquire construction products. Apart from the traditional approach, there are now other “fast-tracking” or innovative procurement systems used by the construction industry world wide. The different procurement systems differ from each other in term of allocation of responsibilities, activities sequencing, process and procedure and organizational approach in project delivery. These differences have invariably affected the project performance. Project performance has been defined as “the degree of achievement of certain effort or undertaking” which relates to the prescribed goals or objectives that form the project parameters. There are many other elements that determine project success, but the focus of this paper is on the three critical parameters or project performance i.e. time, cost and quality. The aim of this paper is to look into the effect of the different procurement systems on the project performance. Since there are many different project procurement systems, it is appropriate for the purpose of this presentation to limit to the common ones i.e. traditional system, design and build and management contracting. Keyword: Project procurement, performance, time, cost and quality INTRODUCTION The procurement of construction project is vast in scope because it involves the gathering...
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...QUESTION 3: Discuss on the Effects of Procurement System in the performance of construction projects I. INTRODUCTION Procurement is also called as sourcing, which means gathering services and goods from the preparation and of request through the approval of statement for payment. This involves purchase planning, financing, making the purchase, inventory control and stores, specific development, standard determination, supplier research and selection, supply contract administration, disposal and other related functions, value analysis and price negotiation. Procurement plays major role in work relationship between parties involved in the construction process. Identify the primary and secondary objectives of the projects, Risk innate in the proposal, Environmental determination, which it will be implemented and selecting the appropriate procuring method for the proposed project. Procurement was not about a building, it was about entire project which includes obtaining goods and services, also includes obtaining human recourses like, consultants, contractors, sub-contractors, suppliers and specialists for some purpose. It is the very important step which can show some significant impact on the project success. Procurement is essentially a series of considered risks – each method has individual strengths and weaknesses, which must be carefully calculated by clients and industry alike. There are a number of different types of procurement routes available for clients to select...
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...For construction projects, quality control means making sure things are done according to the plans, specifications, and permit requirements. Quality is defined as 'fitness to purpose', in regards to how quality is significant for Bull’s Construction. It means providing a building that has an appropriate quality for the purpose for which it is intended. Moreover, a different way of looking at this concept is that the price of the building could potentially reflect the expectations of quality. A cheaper building probably uses inferior materials and is likely to be less attractive and less durable. Quality control in construction typically involves insuring compliance with minimum standards of material and workmanship in order to insure the performance of the facility according to the design. These minimum standards are contained in the specifications described in the previous section. For the purpose of insuring compliance, random samples and statistical methods are commonly used as the basis for accepting or rejecting work completed and batches of materials. Rejection of a batch is based on non-conformance or violation of the relevant design specifications. Procedures for this quality control practice are described in the following sections. One of the elements that our company will be utilizing to assure a quality measurement process for our projects is an inspector. An inspector tries to ensure that the job is done right the first time and that no major accidents occur...
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...GEORGE WASHGON UNIVERISTY Tacheng Wind Power Plant Project Plan School of Engineering & Applied Science Team Member: Shiyue Jiang, Ruiyu Liu, Kufre Essiet, Juan Wang, Mengpei Jia Project Report Table of Content 1. General description of project activity ..................................................................................... 4 1.1 Title of the project ............................................................................................................. 4 1.2 Description of the project ................................................................................................... 4 1.3 Detail of physical location ................................................................................................. 5 2. Understanding of scope of work .............................................................................................. 6 2.1 Scope of work ................................................................................................................... 6 3. Technical Approach ................................................................................................................ 7 3.1 Basic Construction part ...................................................................................................... 7 3.2 Basic Construction for fan ................................................................................................. 9 3.3 Fan Installation .......................................................
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...Khalifa Turner Construction Company Executive Summary Turner’s business philosophy is to work very closely with customers on all its projects. It strives to share the most up to date and accurate information with them. Thus, making customers a partner in the business risk and rewards. It also empowers its employees to record accurate information by decoupling individual bonuses from project performance and tying it to overall corporate performance. It has a well-structured management control system through Indicated Outcome Reports which help Turner to identify and manage not only the risks but also potential savings in the projects. We recommend that Turner could release $200,00 of C-holds and balance $300,000 from construction contingency. This is keeping in mind that it is a new customer and releasing the funds would help Turner in further nurturing the relationship. However, it needs to keep a close watch on scope enhancements being approved by owners and cost control. Turner: Background and Simon’s perspective Core Values Turner’s business model revolves around the following core values: • Make clients your partners It works very closely with the owners and makes them partners in managing the project. Through regular status updates, it keeps them informed about potential risks and cost savings that might...
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...PhD, Project Management│Current GPA 3.67/4.00 College Park, MD Expected May, 2019 College of Ship Engineering, Harbin Engineering University (HEU) Harbin, China M.S., Naval Architecture & Marine Engineering│GPA 3.75/4.00 Sept.2012 ~ Jun.2014 Awards: China National Scholarship; Merit Student in Heilongjiang Province (Top 5/180). College of Ship Engineering, Harbin Engineering University (HEU) Harbin, China B.S., Naval Architecture & Marine Engineering│GPA 3.65/4.00 Sept.2008 ~ Jun.2012 Minor, Business Administration│GPA 3.53/4.00 Sept.2010 ~ Jan.2012 nd Awards: Graduation with Honors, Merit Student, 2 Class Scholarship and etc. (7times). PROFESSIONAL EXPERIENCE PROJECT EXPERIENCE Scheduling Modeling & Coordination Mechanism Based on MAS for Marine Equipment Project Researcher│China Natural Science Foundation Project Jun.2013 ~ Jun.2014 Built scheduling model and coordination mechanism based on Multi-agent System (MAS) theory. Developed a collaborative scheduling system using Oracle database and MyEclipse. Designed Improved Genetic Algorithm (IGA) for multi-objective scheduling under resource conflicts. Information Management Technology of Jack-up Drilling Platform Construction Analyst│China National 12th Five-year Plan Major Scientific Project Mar.2013 ~ Jun.2014 Collected, organized and summarized data and materials and made presentation for review meetings. Made needs analysis for scheduling and cost management. Construction Management...
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...2011 HANDBOOK For project and construction management – Fundamental concepts “Project coordination” From tender to 5 years inspection - Construction Management - final version Københavns Erhvervsakademi and VIA University College, Horsens August 2010 00. Introduction 00 Introduction This handbook is primarily intended for the use by students in their final semester of the constructing architect education - specializing in construction management. Construction management aims at a future career as a construction or project manager working for a contractor. The handbook will also be useful as a guide for small and medium sized contractors. The handbook is a joint venture between lecturers in construction management at VIA University College in Horsens (Vibeke Kragh, Benny Olsen, and Henrik Kopp) and KEA - Københavns Erhvervsakademi (Eva Weincke, Kaj Torben Hansen, Benny Lennart Bay, Anders Christensen and Lone Lykke Larsen). Consequently, the handbook will contain requirements for documentation and other examples that are not necessarily relevant to contractors, but are deemed relevant for students. The handbook is based on practical examples from a fictive contractor. In this context, relevant aspects from ‘real-life’ contractors will be included. The booklet is based on project coordination showing the progress in the construction process. The sections follow project phases from tender to handing over - in a main contractor contract. As turnkey...
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...Living Facility Expansion Project Table of Contents Project Charter 3 Project Scope Statement 7 Risk Register 10 Scheduling and Milestone Identification 14 Work Breakdown Structure 16 Cost Management Overview 17 Project Budget 21 References 24 Project Charter The project charter often intertwined with the project plan, “is the document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the proper manager with the authority to apply organizational resources to project activities” (PMI, 2013, p. 71). To clarify, this should “contain information that, at any time, the project manager knows what remains to be done, when, with what resources, by whom, when the task will be completed, and what deliverables the output should include” (Mantel, 2011, p. 79). As such, this document can be referenced throughout the life cycle of the project to clarify any questions regarding purpose and deliverables. “A significant part of the value of a project charter results from the dialogue that should surround its creation” (Moore, 2010). Therefore, the goals and descriptions included should be clear and concise. In addition, stemming from several discussions and roundtables conducted before the charter’s inception. Because this document will be available to all stakeholders, the language must be readable by all, meaning the use of jargon or terminology specific to the organization managing the project should not be used. All...
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...ATMC Shopping Centre This is the project plan for the construction of public utility building herein referred as ATMC Shopping Centre. This pan provides the information about every detail of the project. This is the property of ATMC, ATMC Shopping Centre This is the project plan for the construction of public utility building herein referred as ATMC Shopping Centre. This pan provides the information about every detail of the project. This is the property of ATMC, Project Plan Project Plan ATMC Shopping Mall Project Plan Presented by: Gurpreet Singh On behalf of: ATMC Project Plan - ATMC Shopping Centre Introduction: ATMC has recently approved the construction of ATMC Shopping Centre in Richmond area as it’s trying to expand its business. This project will provide the residents of Richmond an easy and quick access to various shops and supermarket. As the residents have to dry a long way to go to a shopping mall or a super market. The ATMC will also increase the employment opportunities for local residents and residents from the nearby areas. The Shopping Centre will 50 specialty shops like clothes, kid’s toys and clothes, Gift shops etc. and 3 super markets with a parking space for 2000 cars. The allocated time for the project is 2 years and budget is $100million. ATMC is a very successful education provider in Melbourne and Sydney because of its promise to provide the best education and pathway to its students to higher education studies. We...
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