...Construction Project Controls: Cost, Schedule, and Change Management UP-201 September 2004 CURT Owner Member Companies Abbott Laboratories Air Products & Chemicals, Inc. Ameren American Electric Power Baxter Healthcare Corporation Boeing Company Caterpillar Inc. Citigroup ConocoPhillips DTE Energy The Dow Chemical Company E.I. Dupont De Nemours & Company Eastman Kodak Company Ernst & Young ExxonMobil Chemical Company FMC Corporation FirstEnergy Corporation General Electric Company General Mills, Inc. General Motors Corporation HCA Healthcare Corporation Hercules, Inc. Honda of America Mfg., Inc. IBM Intel Corporation Johnson & Johnson Kansas City Power & Light Company The McGraw-Hill Companies MeadWestvaco Corporation Merck & Company, Inc. Owens Corning PSEG Power, LLC Pfizer, Inc. The Procter & Gamble Company Rohm and Haas Shell Global Solutions (U.S.), Inc. Southern Companies Sunoco, Inc. TECO Tampa Electric Company Toyota Motor Mfg. North America Tyco International U.S. Army Corps Of Engineers U.S. General Services Administration The University Of Cincinnati Associate Member Companies Alberici Group, Inc. BE&K Bechtel Egizii Electric, Inc. Fluor Corporation Hunt Construction Group Jacobs Engineering Group Rudolph/Libbe Companies The Shaw Group, Inc. Tetra Tech FW Inc. Turner Construction Company Zachry Construction Corporation Association Associate Members Associated Builders and Contractors (ABC) Associated General Contractors of America (AGC) Mechanical Contractors...
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...SDSU GE/OM 569 Project Management 3 April 2013 Where are we now? PMBOK – 5th Edition (2013) 1 Executing, Monitoring & Controlling Executing Process group consists of those processes performed to complete the work defined in the project management plan to satisfy the project specifications. Results may require planning updates & rebaselining Large portion of budget is expended performing the execution process group 3 Executing, Monitoring & Controlling… The Monitoring & Controlling process group consists of those processes required to track, review & orchestrate the progress & performance of the project, identifying any areas in which changes to the plan are required and initiate the corresponding changes. What work does it monitor & control? Product work Project work 4 2 Executing, Monitoring & Controlling 5 Executing, Monitoring & Controlling 6 3 The Project is Up and Running: Now What? You want what? When! I have jury duty! The software doesn’t do that? That is not what I want! We have to be done by….! The software (critical) will be late! Why not add this?! You never asked for that?!? Just have your team do it! 7 Validate Scope 8 4 Validate Scope Validate Scope is the process of formalizing acceptance of the completed project deliverables. It includes… Reviewing deliverables with the customer or sponsor to ensure they are completed satisfactorily, and Obtaining their...
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...“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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...1! Project Scope Definition and WBS In this course, we will explore project cost and schedule control! The focus of this week is developing the scope and the work breakdown structure (WBS). We will use the WBS to specifically detail the tasks required to complete any project. The scope is the starting document of a project. It defines the project. The WBS is created from the scope and is the basis on which several other project documents, such as the budget and schedule, will be derived from. Because the WBS is one of the foundations to our planning effort, it is critical to know and understand this tool. Shortcomings in the scope or WBS will translate to the rest of our planning documents resulting in real failures during project execution to attain goals in scope, cost, and schedule. It is, therefore, of primary importance that the scope and WBS are inclusive and detailed. Just remember that as a project manager, your family comes first but the project scope and WBS are not far behind. Introduction Cost and schedule form two sides of the iron triangle of project management with the third side being the collection of scope, quality, and performance. This makes cost and schedule paramount concerns to a project manager. Cost and schedule control on a project are vital to a successful project. As you know, this course is named Project Schedule and Cost Control, which may imply that the project is underway and it's time to go to work. However, the process for project control...
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...and PMBOK® Guide are trademarks of the Project Management Institute, Inc. PMI® has not endorsed and did not participate in the development of this product. Integration Management Process Name Develop Project Charter Inputs Outputs Tools and Techniques Project Statement of Work Business Case Project Charter Experts Judgment Project Management Plan Experts Judgment Project Management Plan Approved Change Requests Deliverables Work Performance Information Experts Judgment Project Management Information System Enterprise Environmental Factors Change Requests Organizational Process Assets Project Management Plan Updates Contracts Enterprise Environmental Factors Organizational Process Assets Develop Project Management Plan Project Charter Outputs From Planning Processes Enterprise Environmental Factors Organizational Process Assets Direct and Manage Project Execution Project Document Updates Project Management Plan Performance Reports Change Requests Project Management Plan Updates Enterprise Environmental Factors Monitor and Control Project Work Experts Judgment Project Document Updates Organizational Process Assets Project Management Plan Work Performance Information Change Requests Status Updates Project Management Plan Updates Change Requests Perform Integrated Change Control Experts Judgment Change Control Meetings Project Document Updates Enterprise Environmental...
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...[pic] GM 592: Project Cost and Schedule Control Course Project Part 2- Theme Park Project Instructor: James Erickson Prepared by: Venkata Kumaran (Kumaran.venkata@gmail.com) Date: 15-APR-2011 [pic] TABLE OF CONTENTS 1.0 Introduction 2 2.0 Executive Summary 2 3.0 Schedule 1 3 4.0 Performance Analysis 5 4.1 Performance Analysis (Cost) 5 4.2 Performance Analysis (Schedule) 6 5.0 Estimate at Completion 8 6.0 Control Plan 9 7.0 Revised Estimate at Completion 10 8.0 Schedule 2 10 9.0 Conclusion 12 10.0 References 12 11.0 Attachments 12 Introduction The new indoor theme park project is initially planned for duration of 180 Days with a start date of Apr 14, 2008. The actual initial planned cost was $4,846,920. The theme park attraction includes Ferris wheel, Bowling alley, Climbing wall, Carousel, Go Cart and mini golf. The project is broken into 3 levels and has various tasks. The final walk through is scheduled on Dec 18, 2008 with a grand opening on Dec 19th. The report is prepared to analyze the schedule and cost of the Indoor theme park project. The provided project information/data was used to create the project schedule which represents the project at a specific point during implementation. The Microsoft Project is used to serve as the tool to perform the project monitoring and control. The MS Project was also used to calculate...
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...CHEAT SHEET PMP Exam Cheat Sheet The purpose of this is to help you memorize information to dump onto scrap paper prior to starting exam. It is important that information used on this sheet is information that will be helpful to you on the exam. Every time you sit down to study, start by writing out your “cheat sheet” to see how much you remember. You will remember more each time. This document is an example of what I used for the test and includes step by step instructions to create each piece. You should come up with whatever tricks work for you. I make no guarantees that this will work for you or that there are no errors in here. All I can say is that it worked for me and I hope this helps you find something to work for you. Most of the benefit is in learning to create the spreadsheet not in actually using it. However, it’s a nice feeling to start the test by documenting things you know instead of starting by answering a question you don’t! Good luck and happy studying. By PMPExamPrep 1 CHEAT SHEET Part A: Process group and Knowledge Area Matrix from P 38 PMBOK 2000 Edition Process Groups Step 1: Fill in negative C0 Knowledge space with X (cells with I P E C^ Areas no processes). • Starting at the top X PIM X of Closing – go down 6 and over 1 S X X • Skip space in X T X X Closing and do “Down and up” C X X X • From top of Q X X Executing drop one and do 3 in a HR X X X row. • In inititating, block Comm X out all except Risk X X X Scope Proc X X Step 2: You need a...
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...together provide a total Enterprise project management system. The Science of Project Management: Project Controls Systems Integration by Frederick Cramer, Susanne Keller, Christopher Law, Thomas Shih, and Britton Wolf G The concepts in this article were applied to the ECP-1 Facility, Overall Winner of the 2010 Facility of the Year Awards. For further information on this project, see “Case Study: Genentech’s ECP-1 Bacterial Manufacturing Facility, Overall Winner, 2010 Facility of the Year Awards” in the March/April 2011 issue of Pharmaceutical Engineering. Project Controls Systems Integration Background enentech is among the world’s leading biotech companies with multiple products on the market and a drive to discover, develop, manufacture, and commercialize new medicines to treat patients with serious or life-threatening medical conditions. In 2005, Genentech was ramping-up a build program due to increased demand for existing and new medicines about to come to market. By that time, Genentech had grown from a small biotech company with less than 3,000 employees in 1995 to more than 9,000 employees. It quickly became apparent that an ad hoc approach to project management of capital construction projects would no longer be sufficient. To keep pace with growth, an intensive effort was launched to investigate and then implement a set of integrated tools and approaches to facilitate project planning and execution. Investing...
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...Cost and Value Management Cost and value management is a very important part of project management. Cost and value management is an important part of project management because in order for a project manager to complete a job successfully they must be able to manage the cost of the project and be able to create and increase the value of the project. This paper will discuss the importance of work packages to support the creation and the use of WBS and how to establish a cost and schedule performance measurement baseline. This paper will also show examples of earned value management and how EVM will help a project manager to understand project statuses. This paper will also discuss how a project manager uses project control charts to show project status and represent value and describe an effective change management process to ensure a successful project. Work Packages Support A work package is part of the work breakdown structure which lets the project manager define tasks at the same level. The work packages are an important part of supporting the creation and in using the work breakdown structure because without it there is no way of telling what the subdeliverable level of a WBS includes. The work packages would include the start and finish date of each point, a budget for each section if needed and it helps to keep track of what has been done and what still needs to be done (Filicetti, 2011). An example of just how important a work package is important to a work breakdown...
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...Jack Carabillo Project Management November 22nd, 2015 BUS4350 – Mark Jason The Santo Domingo Pueblo Computer Workstation and IT Infrastructure Project Project Scope The scope of Santo Domingo Pueblo’s Computer Workstation Infrastructure Project includes the planning, design, development, testing, and transition of the Santo Domingo’s Information Technology Workstation Infrastructure software package. This software will meet or exceed organizational software standards and additional requirements established in the project charter. The scope of this project also includes completion of all documentation, manuals, and training aids to be used in conjunction with the software. Project completion will occur when the software and documentation package has been successfully executed and transitioned to Santo Domingo’s client Critical Networking group for troubleshooting, care, and overall maintenance and upgrades for life of the contract. All Infrastructure project work will be performed internally and no portion of this project will be outsourced. The scope of this project does not include any changes in requirements to standard operating systems to run the software, software updates or revisions. Milestone List The below chart lists the major milestones for the Santo Domingo Pueblo Computer Workstation Infrastructure Project. This chart is comprised only of major project milestones such as completion of a project phase or gate review. There may be smaller...
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...Helpful Tools for Project Management Christopher Benson INF 337: Integrate Cost & Schedule Control Instructor: Shane Lauber September 22, 2014 The past 30 years have witnessed a dramatic increase in the number and variety of organizations engaged in project-based work. In addition to “traditional” project-oriented industries, like construction, aerospace, and pharmaceuticals, service industries as diverse as finance, utilities, telecommunications, and insurance are beginning to embrace project based ventures. This paradigm shift is due to growing recognition that projects and their effective management can provide organizations with a significant competitive edge through cost reduction, enhanced responsiveness, and overall value to customers. Consequently, a number of organizations have adopted many of the well-known techniques of project management, and professional project management organizations have witnessed marked increases in membership. Despite this enormous interest in projects and project management practices, success rates in many industries are at alarmingly low levels. In addition, bad news about high-profile projects continues to dominate the headlines – in both the public and private sectors (Venkataraman & Pinto, 2008). A lot of this bad news comes from the PM (Project Manager) not being educated on all the tools at his/her disposal to be better prepared to prevent the project from failing. In order for anything to succeed, it must...
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...help in substantial growth in profitability. The case indicates that the project manager L. Balaji is next to the vice president in the hirarachy level and the case indicates that span of control of Balaji is high. The important activities included in the project execution are ERP, managing of people, requirements, quality, schedule and risk. Only 25 per cent of the software services projects were completed within 20 per cent of the planned costs and schedule. There was an utter dismay in the completion of the project. As nature of business is B2B the delay in schedules by AP technologies would lead to the delay in schedules of the client. Main issue: The main problem in the case of AP Technologies Ltd is that the only 25 per cent of the software service projects were completed within 20 percent of planned costs and schedule, where as the project is expected to be completed within 20 per cent of planned cost and schedules. Where as the short term issue that was mentioned in the case is regarding the delay in the completion of the project to a client. Analysis: The micro issue the company has been facing is an important situation and which needs an immediate attention as it may lead to decrease in goodwill of the company among the other client groups also. It would also effect the profitability of the business as the un addressed current issue may lead to delay in schedules of other projects, which intern leads to dissatisfaction of the clients. Inability of the...
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...I are made for each other as this programme suits my internship experience coupled with my broad information technology and engineering knowledge base. As a beginner I need a platform to prove myself and I think the εpsilon Programme is a good platform where I can get the chance to explore and diversify my own capability and potential. Eventually, εpsilon will help me identify which discipline suits me best, focus on perfecting my skills then apply them in the oil and gas industry. During my internship at PETRONAS Carigali Sdn Bhd, I was assigned to Project Control unit at Department of Pipeline Replacement Project (DPRP) which is responsible to monitor the project progress in terms of cost and schedule. I was even given the opportunity to go for site visit at Kemaman to study, inspect and monitor the progress of 8 units of scrubber skids and Factory Acceptance Test (FAT) on Pressure Regulator (PCV) for Bayan and Temana project. My internship stint with PETRONAS Carigali has opened up a new level of my passion in the operational aspect of oil and gas industry. This exposure could be the first milestone in my aspiration to be one of the budding engineers in the oil and gas industry. I realise MMHE is a leading marine and heavy engineering services provider especially in oil and gas sector in Malaysia. The εpsilon Programme which is designed to encourage and provide placement for graduate engineers to pursue their desired career in a wide spectrum of heavy engineering has in many...
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...Project Concept and Strategy Was the Woody 2000 project well-conceived? The objective had been clear at project inception but was never communicated No project plan documented or no qualified project manager This project was unlikely to be successful What were Woody's real objectives that could and should have been articulated? Expand production capabilities Meet increased demand and new market vacancies Maintaining the same quality Objectives should have been communicated to all of the stakeholders What strategies were there for achieving these objectives? What would you recommend? Current strategy was to appoint an inexperienced project manager and hire a contracting company to manage and complete the project. Recommendations: Consult with any of the 850 SMEs throughout project lifecycle, develop a plan to maintain production, house a backlog of products on site as part of a contingency plan. Did they consider other solutions? Project was planned in a “vacuum” Pricing research was only conducted after original high quote by EID Did not pursue other options Project Scope Planning and Scheduling Cost Estimating Project Planning Quality Progress Monitoring and Control Cost Control Contracting for Engineering and Construction Services Communication and People Management Risk Identification and Management Facility Startup and Project Closeout Why do you suppose renovation of the President and Executive Vice President's offices...
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...Facility (Area of discussion- Cost & Quality) Team Members: Background Outline of project The Pittsburgh International Airport is owned and operated by the Allegheny County Department of Aviation. The new Midfield Terminal includes, Landside/central services bldg Airside building Gate capacity Provisions to expand - 500,000 sft 1,200,000 sft 75 aircraft 100 gate terminal. Pittsburg is the second busiest passenger airport in Pennsylvania and 47th-busiest in the United States, serving 8,041,357 passengers in 2012. Background Outline of project The airport has the longest runways of a commercial airport in Pennsylvania at 11,500 feet (3,500 m). Until 2004 US Airways largest hub was at PIT. PIT occupies more than 12,900 acres (52 km2), making it the fourthlargest airport by land area owned in the nation. The Midfield Terminal Energy Facility was designed to meet the requirement as: Ultimate cooling load of 9,100 tons Ultimate heating load of 113 x 106 Btuh Out Line of Project Outline of project The energy facility also provides electric power to the Midfield Terminal from the new substation located between the energy facility and the field-erected concrete cooling tower. Completion – 6 weeks ahead of schedule and within budgeted cost. Outline of project ??? Cost Quality Scope Management Outline of project Well defined scope and explicitly required quality removes building up of cost contingencies for unknowns by the...
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