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Many construction cost estimators continue to rely primarily upon manual methods, hard copy documents, and/or electronic spreadsheets such as Microsoft Excel. While spreadsheets are relatively easy to master and provide a means to create and report a construction cost estimate and or cost models, their benefit comes largely from their ability ...
The project schedule is a calendar that links the tasks to be done with the resources that will do them. It is the core of the project plan used to show the organization how the work will be done, commit people to the project, determine resource needs, and used as a kind of checklist to make sure that every task necessary is performed.
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.
A Gantt chart is a bar chart that illustrates a project schedule. [1] It was designed and popularized by Henry Gantt around the years 1910–1915. [2] [3] Modern Gantt charts also show the dependency relationships between activities and the current schedule status.
This list includes the milestone name, a description about the milestone, and the date expected. Schedule baseline and work breakdown structure: The WBS which consists of work packages and WBS dictionary, which defines these work packages, as well as schedule baseline, which is the reference point for managing project progress, are included here.
Practically, these are usually built as Excel spreadsheets and then consist of the following interlinked sheets (see Outline of finance § Financial modeling for further model-build items), with broad groupings: Project build and operation (Data input): operating assumptions; Capital costs (construction); Insurance; Taxes; Depreciation; Financing