Term
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Definition
| The point at which liquidated damages begin |
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Term
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Definition
| A penalty for failing to achieve the impossible |
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Term
| What are the 5 project objectives? |
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Definition
1.) Quality and Performance
2.) Time and Schedule
3.) Socio-Political Environment
4.) Natural Environment
5.) Cost & Resources |
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Term
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Definition
| Determines what it would cost to build a facility |
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Term
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Definition
| Determines the activities that need to be performed and the order in which they must be performed |
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Term
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Definition
| Determines when and for how long an activity is performed |
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Term
| Construction Planning involves - |
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Definition
•Work Breakdown Structure
•Identifying the order of each activity |
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Term
| Work Breakdown Structure - |
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Definition
the way that a work content is divided into small, manageable parts that can be allocated to the participating units
Breaks project up into a hierarchy of activities that need to be done to complete the project. |
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Term
| Characteristics of Work Breakdown Structure - |
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Definition
Should be clear, useful, and comprehensive
Should allow elaborating (further decomposition for detailed planning)
Should conform to reporting requirements |
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Term
| For a construction project, WBS is usually based on ___________________. |
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Definition
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Term
| Benefits of Work Breakdown Structure: |
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Definition
Organization of Plan/Schedule
Communication of Plan/Schedule Information
Querying Plan/Schedule |
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Term
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Definition
| activities and their order |
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Term
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Definition
| the duration of activities and when activities are performed in time |
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Term
| Critical Path activities are: |
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Definition
| those that define the project duration |
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