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With the traditional design–bid–build process, a complete set of construction documents and specifications describes what the builder agrees to build and serves as the heart of the contract. On Fast-track projects, the design, construction documents and specifications are incomplete, so setting the final cost presents problems.
Construction delays are situations where project events occur at a later time than expected due to causes related to the client, consultant, and contractor etc. [1] In residential and light construction, construction delays are often the result of miscommunication between contractors, subcontractors, and property owners.
Examples of punch-list items include damaged building components (e.g. repair broken window, replace stained wallboard, repair cracked paving, etc.), or problems with the final installation of building materials or equipment (for example, install light fixture, connect faucet plumbing, install baseboard trim, reinstall peeling carpet, replace ...
The project has two critical paths: activities B and C, or A, D, and F – giving a minimum project time of 7 months with fast tracking. Activity E is sub-critical, and has a float of 1 month. The critical path method ( CPM ), or critical path analysis ( CPA ), is an algorithm for scheduling a set of project activities. [ 1 ]
The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
[1] They are used by a construction manager who is working as an agent to the owner or by the owner itself to carry-out a construction project while mitigating the risks to the scope of work, time, budget, quality and safety of the project. These risks ranges from cost overruns, time delays and conflict among the various parties.
The construction project manager is sometimes referred to as an "Owner's Representative." The CM's role is to represent the interests of the Owner throughout the various phases of a project beginning as early as feasibility studies and conceptual planning of the project. Construction Managers help to inform good decision making on behalf of the ...
The payback time for the commissioning process is based on many factors including saved/minimized energy usage, better design and fewer errors. "Building Commissioning Costs and Savings Across Three Decades and 1,500 North American Buildings" states that the simple payback time for commissioning on new construction projects is 4.2 years. [7]