This document contains a risk register template to catalog project risks. The register includes fields to describe the risk, potential triggers, probability and impact of occurrence, detectability, response strategy, contingency plan, risk owner, and dates for entry and next review. The template is intended to help a project manager systematically identify, analyze, and manage project risks throughout the project lifecycle.
The document discusses various methods for analyzing investments, including internal rate of return (IRR) analysis for single and multiple alternatives. It provides examples of calculating IRR for projects with different cash flow profiles and determining the preferred alternative. The chapter also covers using the net present value and other discounted cash flow methods to evaluate investments and determine if they exceed the required minimum acceptable rate of return.
The document summarizes key concepts from Chapter 10 of the 15th edition of the textbook "Engineering Economy" by Sullivan, Wicks, and Koelling, which discusses evaluating public projects using the benefit-cost ratio method. Some key points include:
- Public projects have unique challenges for economic analysis due to their large scale, long time horizons, political influences, and difficulties quantifying benefits.
- The benefit-cost ratio method compares the present value of benefits to the present value of costs, and projects with a ratio of 1 or higher are considered acceptable.
- The method is subject to challenges like quantifying non-monetary benefits and determining appropriate discount rates for public projects.
The document discusses capital investment appraisal and evaluation methods. It aims to help readers understand investment decision making, time value of money, and four appraisal methods: payback period, accounting rate of return, net present value, and internal rate of return. An example compares two investment projects using these four methods, showing calculations and recommending the superior project based on the analyses. Advantages and disadvantages of each method are also summarized.
This document discusses essential lean construction tools that can help improve productivity and reduce costs and delays on construction projects. It introduces various lean construction techniques like waste elimination, 5S, value stream mapping, the last planner system, total flow management and kanban. The implementation of these tools is aimed at identifying and removing non-value adding activities from processes. Using lean construction can lead to benefits like reducing project timelines by 30-40%, increasing profits by 15-20%, lowering costs, improving productivity by 60-70%, and better resource utilization. More details are available by contacting the Vedzen Institute.
A ceiling covers the upper interior surface of a room and conceals the structure above. Ceilings can be decorated and come in different materials, styles, and designs. Some common ceiling types include coffered, barrel vault, tray, suspended, glass, metal, beam, wooden, gypsum, POP, and acoustic ceilings. Ceilings are chosen based on factors like cost, ease of installation, sound control, lighting effects, and aesthetics.
This document contains a risk register template to catalog project risks. The register includes fields to describe the risk, potential triggers, probability and impact of occurrence, detectability, response strategy, contingency plan, risk owner, and dates for entry and next review. The template is intended to help a project manager systematically identify, analyze, and manage project risks throughout the project lifecycle.
The document discusses various methods for analyzing investments, including internal rate of return (IRR) analysis for single and multiple alternatives. It provides examples of calculating IRR for projects with different cash flow profiles and determining the preferred alternative. The chapter also covers using the net present value and other discounted cash flow methods to evaluate investments and determine if they exceed the required minimum acceptable rate of return.
The document summarizes key concepts from Chapter 10 of the 15th edition of the textbook "Engineering Economy" by Sullivan, Wicks, and Koelling, which discusses evaluating public projects using the benefit-cost ratio method. Some key points include:
- Public projects have unique challenges for economic analysis due to their large scale, long time horizons, political influences, and difficulties quantifying benefits.
- The benefit-cost ratio method compares the present value of benefits to the present value of costs, and projects with a ratio of 1 or higher are considered acceptable.
- The method is subject to challenges like quantifying non-monetary benefits and determining appropriate discount rates for public projects.
The document discusses capital investment appraisal and evaluation methods. It aims to help readers understand investment decision making, time value of money, and four appraisal methods: payback period, accounting rate of return, net present value, and internal rate of return. An example compares two investment projects using these four methods, showing calculations and recommending the superior project based on the analyses. Advantages and disadvantages of each method are also summarized.
This document discusses essential lean construction tools that can help improve productivity and reduce costs and delays on construction projects. It introduces various lean construction techniques like waste elimination, 5S, value stream mapping, the last planner system, total flow management and kanban. The implementation of these tools is aimed at identifying and removing non-value adding activities from processes. Using lean construction can lead to benefits like reducing project timelines by 30-40%, increasing profits by 15-20%, lowering costs, improving productivity by 60-70%, and better resource utilization. More details are available by contacting the Vedzen Institute.
A ceiling covers the upper interior surface of a room and conceals the structure above. Ceilings can be decorated and come in different materials, styles, and designs. Some common ceiling types include coffered, barrel vault, tray, suspended, glass, metal, beam, wooden, gypsum, POP, and acoustic ceilings. Ceilings are chosen based on factors like cost, ease of installation, sound control, lighting effects, and aesthetics.
The document discusses key aspects of construction project management including definitions, roles of contractors, changing industry environment, project management functions, the project manager role, required disciplines and skills, planning tools like Gantt charts, PERT/CPM networks, and material procurement. Specifically, it defines project management, describes contractors and their roles, outlines factors impacting the construction industry, and explains functions and importance of project planning, scheduling, resource management, and control in successful project delivery.
This document provides instructions for creating a sample project plan in Microsoft Project. It discusses setting up the project fields and layout, entering task information like names and durations, identifying dependencies between tasks, and completing the PERT (Program Evaluation and Review Technique) analysis to calculate start/end dates and identify the critical path. The goal is to demonstrate building a basic project schedule step-by-step to help users get comfortable with MS Project's interface and functionality.
This document provides an overview of using Microsoft Project for project planning. It discusses basic navigation and configuration of MS Project, including exploring the menus, toolbars, and options. It emphasizes setting up the software to be intuitive and customized to the user's preferences before entering project data. The document also stresses keeping the level of information and complexity in a project plan simple and at the minimum needed to meet the goals and communicate status.
The document discusses different types of soil sampling techniques and soil samplers. It describes undisturbed, disturbed and non-representative soil samples and the samplers used to obtain them, including piston, foil and open drive samplers. It also discusses in-situ field testing methods like standard penetration tests and static cone penetration tests. Corrections applied to standard penetration test N-values for overburden pressure and dilatancy are also summarized.
This document discusses managing uncertainty and risk on projects. It covers defining risk, different risk preferences, project risk management processes, eliciting subjective probabilities, and strategic risk management. Key points include outlining risk and uncertainty, identifying and analyzing project risks, responding to risks through various strategies like insuring or mitigating, and monitoring risks over the project lifecycle.
This document discusses managing organizational change through a 13 slide presentation. It covers topics such as reasons for resistance to change, planning for change, managing change through IT models like Lewin's three step model of unfreezing, changing, and refreezing. It also discusses overcoming resistance to change through clear communication and addressing concerns. The overall message is that change is inevitable in organizations and managers must effectively plan and lead change initiatives to achieve beneficial outcomes.
The document outlines procedures for selecting contractors for construction projects. It discusses qualification statements contractors submit, prequalification criteria like licensing and financials, and competitive bidding processes. For public projects, competitive bidding is usually required by law, with clear bid documents and a systematic award process. Selection procedures can also involve competitive negotiation, with owner evaluating qualifications first before negotiating a contract.
This document provides an overview of key concepts in earned value management including:
1) It defines common earned value management terms like BAC, BCWP, ACWP, CPI, and SPI that are used to calculate cost and schedule performance.
2) It outlines the formulas used to calculate things like estimate at completion (EAC), to complete performance index (TCPI), cost and schedule variances.
3) It provides an overview of DoD requirements for earned value management on contracts over certain dollar thresholds, including required EVMS standards and contract clauses.
This document assesses Cambodia's transport sector, which plays a critical role in supporting the country's economic growth. It examines the performance and development constraints of Cambodia's road, rail, water, and urban transport subsectors. It also discusses the government's transport strategy and plans, lessons from past ADB assistance, and potential areas for future ADB support through knowledge initiatives and investments to help develop Cambodia's transport sector.
The document discusses key aspects of construction project management including definitions, roles of contractors, changing industry environment, project management functions, the project manager role, required disciplines and skills, planning tools like Gantt charts, PERT/CPM networks, and material procurement. Specifically, it defines project management, describes contractors and their roles, outlines factors impacting the construction industry, and explains functions and importance of project planning, scheduling, resource management, and control in successful project delivery.
This document provides instructions for creating a sample project plan in Microsoft Project. It discusses setting up the project fields and layout, entering task information like names and durations, identifying dependencies between tasks, and completing the PERT (Program Evaluation and Review Technique) analysis to calculate start/end dates and identify the critical path. The goal is to demonstrate building a basic project schedule step-by-step to help users get comfortable with MS Project's interface and functionality.
This document provides an overview of using Microsoft Project for project planning. It discusses basic navigation and configuration of MS Project, including exploring the menus, toolbars, and options. It emphasizes setting up the software to be intuitive and customized to the user's preferences before entering project data. The document also stresses keeping the level of information and complexity in a project plan simple and at the minimum needed to meet the goals and communicate status.
The document discusses different types of soil sampling techniques and soil samplers. It describes undisturbed, disturbed and non-representative soil samples and the samplers used to obtain them, including piston, foil and open drive samplers. It also discusses in-situ field testing methods like standard penetration tests and static cone penetration tests. Corrections applied to standard penetration test N-values for overburden pressure and dilatancy are also summarized.
This document discusses managing uncertainty and risk on projects. It covers defining risk, different risk preferences, project risk management processes, eliciting subjective probabilities, and strategic risk management. Key points include outlining risk and uncertainty, identifying and analyzing project risks, responding to risks through various strategies like insuring or mitigating, and monitoring risks over the project lifecycle.
This document discusses managing organizational change through a 13 slide presentation. It covers topics such as reasons for resistance to change, planning for change, managing change through IT models like Lewin's three step model of unfreezing, changing, and refreezing. It also discusses overcoming resistance to change through clear communication and addressing concerns. The overall message is that change is inevitable in organizations and managers must effectively plan and lead change initiatives to achieve beneficial outcomes.
The document outlines procedures for selecting contractors for construction projects. It discusses qualification statements contractors submit, prequalification criteria like licensing and financials, and competitive bidding processes. For public projects, competitive bidding is usually required by law, with clear bid documents and a systematic award process. Selection procedures can also involve competitive negotiation, with owner evaluating qualifications first before negotiating a contract.
This document provides an overview of key concepts in earned value management including:
1) It defines common earned value management terms like BAC, BCWP, ACWP, CPI, and SPI that are used to calculate cost and schedule performance.
2) It outlines the formulas used to calculate things like estimate at completion (EAC), to complete performance index (TCPI), cost and schedule variances.
3) It provides an overview of DoD requirements for earned value management on contracts over certain dollar thresholds, including required EVMS standards and contract clauses.
This document assesses Cambodia's transport sector, which plays a critical role in supporting the country's economic growth. It examines the performance and development constraints of Cambodia's road, rail, water, and urban transport subsectors. It also discusses the government's transport strategy and plans, lessons from past ADB assistance, and potential areas for future ADB support through knowledge initiatives and investments to help develop Cambodia's transport sector.