Gantt Chart Analysis

A simple calendar scheduling method is just as it sounds. You have a regular, 30/31 day calendar, and just place activities or tasks for each appropriate day. You will then work based on the schedules or deadlines that have been set. You can also indicate the person responsible for the activity. A Gantt chart is essentially a column matrix with two sides. There will be a y-axis and an x-axis. On the y-axis, there will be labels with different activities that need to be accomplished. On the x-axis, labels for the number of weeks will run consecutively. Within the Gantt chart itself, one can color code or even label activities that are completed, incomplete or those that are half-way done. One can also easily identify the current week and check on progress. Most importantly, the length of each bar (activity) shows the estimated needed to complete each activity.

It impacts the timeline, milestones, and schedule of the project. That in turn will also impacts the budget of the project.

Goals in planning involve completing the project on time and under budget, with a high quality of workmanship. Determining and organizing available resources involves preparing contracts for sub-contractors and choosing a site superintendent. Daily correspondence with the site

If a good cost-measurement system was set up, cost-plus contracts will demonstrate the advantages of cost-management better than fixed price contracts do. With a robust cost-measurement system, managers are able to know the real revenue drivers, to recognize the most valuable customers, and to offer more reasonable price bid. That is to say, cost-measurement system’s strength lies in differentiating clients’ value, projects’ value and operation processes’ value case by case. Under this circumstance, cost-plus contracts would surely dig more utilization and benefit more from such a system, because CitySoft would be able to charge different customers and projects for different prices, which is critical for increasing profitability.

1.1 This report will provide guidance for the procedure of preparing an estimate for building works. It will include the factors that affect the overall cost of the project explaining them in general as well as explaining them on the example provided.

2) a feasible schedule that will conform to the construction schedule milestone dates and completion date.

Your marketing team consists of Tony (search engine optimisation and website maintenance), Marie (advertising and public relations) and Joanne an administration officer. You have asked Tony to take responsibility for the operational aspects of the project and estimate that it will take up 50% of his time over the next 11 weeks. Joanne will also be involved for about 20% of her time in attending to administration matters. You estimate that you will need to allocate 30% of your time to manage the overall project.

3. If the contract doesn’t have applicable and similar cost in it, the contractor should propose a cost and submit to the stakeholders to get a approval, and carry out.

Detailed costing and statements of resources need to be developed as part of the project proposal outlining:

It is important to agree a budget for a project to work out whether it will be cost-effective, for example if the project is

Remember the old saying, "A project plan is not a schedule until resources are committed." This exercise illustrates this subtle, but very important, difference.

This paper includes a description of the procurement planning process. The most valuable output of the plan procurement process will be identified. Furthermore, the various contract types will be explained. A source criterion that would be applicable to any project will be described and three criteria that would apply to most projects will be identified. An analysis of the ethical

For each project you’re planning, you need to be clear on just how much money you’re willing to spend.

The project priorities are in regards what should be prioritised in the project. What is to be taking in regards in terms of cost is (budget), time (schedule), and performance (scope) of the project. What is important to emphasise on here is how these three correlate with one another. In a case where time is important it would be necessary to perform faster, which will prevent a quality outcome, hence lead to reduced costs. The importance of a project manager is to control the trade-offs between budgets and scope. The project managers functions as a link between upper management and project customers. The project manager needs to have keen understanding of project scope in order to fulfil the requirements for the customers and how prioritize the demands. The customer can also add requirements and then the manager needs to prioritize the requirements in regards to the project. An important method is to use the priority matrix to identify what is worth prioritizing more. The constrain is stick and have to be obliged to the first agreements made between the customer, this includes, the specifications and scope of the project or the budget. The enhance includes time and costs. The enhance is an essential factor seeing where to emphasize on either on reducing costs or

The Client aims to develop a new Post Graduate School of Construction Management. The site is located at numbers 30 to 36 Park Terrace, Abbey.