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  2. Work method statement - Wikipedia

    en.wikipedia.org/wiki/Work_method_statement

    A work method statement, sometimes referred to as a safe work method statement or SWMS or a safe work procedure, is a part of a workplace safety plan. [1] It is primarily used in construction to describe a document that gives specific instructions on how to safely perform a work related task, or operate a piece of plant or equipment.

  3. Linear scheduling method - Wikipedia

    en.wikipedia.org/wiki/Linear_scheduling_method

    LSM is used mainly in the construction industry to schedule resources in repetitive activities commonly found in highway, pipeline, high-rise building and rail construction projects. These projects are called repetitive or linear projects.

  4. Integrated project delivery - Wikipedia

    en.wikipedia.org/wiki/Integrated_project_delivery

    The construction industry has suffered from a productivity decline since the 1960s [4] [5] while all other non-farm industries have seen large boosts in productivity. . Proponents of Integrated project delivery argue that problems in contemporary construction, such as buildings that are behind schedule and over budget, are due to adverse relations between the owner, general contractor, and

  5. Commissioning (construction) - Wikipedia

    en.wikipedia.org/wiki/Commissioning_(construction)

    While the service method can vary from owner to owner and project to project, the basic formula for a successful building commissioning process involves a synergy team from pre-design to develop the owner's project requirements (OPR), commissioning scope, and plan including benchmarks for success, review of design documents and checklists for ...

  6. Project delivery method - Wikipedia

    en.wikipedia.org/wiki/Project_delivery_method

    In an effort to assist industry professionals with the selection of appropriate project delivery systems, construction management researchers have prepared a Procurement Method and Contract Selection Model, which can be used for high level decision making for construction projects on a case-by-case basis. [3]

  7. Percentage-of-completion method - Wikipedia

    en.wikipedia.org/.../Percentage-of-Completion_method

    Now, after the first year we see that total cost incurred in this first year is $3,000. So according to the percentage-of-completion method: Cost percentage = 3000/10000 = 30%; so we will recognize 30% revenue in the income statement for the first year. Income statement of AnantPurohit corporation Pvt. Ltd. for the year ended on xx/yy/zzzz:

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  9. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling