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  2. 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. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    Work (1) is the amount of effort applied to produce a deliverable or to accomplish a task, (2) is everything required or supplied to complete a construction project. Work breakdown structure (WBS) - a deliverable oriented decomposition of a project into smaller components. It defines and groups a project's discrete work elements in a way that ...

  4. Work breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Work_breakdown_structure

    The WBS construction technique employing the 100% rule during WBS construction. The adjacent figure shows a work breakdown structure construction technique that demonstrates the 100% rule and the "progressive elaboration" technique. At WBS Level 1 it shows 100 units of work as the total scope of a project to design and build a custom bicycle.

  5. Product breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Product_breakdown_structure

    The PBS is identical in format to the work breakdown structure (WBS), but is a separate entity and is used at a different step in the planning process. The PBS precedes the WBS and focuses on cataloguing all the desired outputs (products) needed to achieve the goal of the project.

  6. 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

  7. 12 Reasons Why Project Management Is Important - AOL

    www.aol.com/12-reasons-why-project-management...

    3. Better Productivity. Project management is important because it ensures there’s a proper plan that outlines a clear focus and objectives to allow the team to execute on strategic goals.

  8. List of statistical tools used in project management - Wikipedia

    en.wikipedia.org/wiki/List_of_statistical_tools...

    PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F). work breakdown structure, A work breakdown structure (WBS), in project management is a deliverable oriented decomposition of a project into smaller components. A Gantt chart is a type of bar chart, that illustrates a project schedule.

  9. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    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 ...

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