CIVE 446 Lecture Notes - Pessimism, Interstate 93, Decision Points

• School: McGill University
• Department: Civil Engineering
• Course: CIVE 446
• Professor: William Taylor

Document Summary

Project execution plan (pep): strategy (how we do?) Economic value added (eva) is measured by the cost performance index (cpi), schedule performance. Index (spi), and the estimate at completion (eac) General contractors in canada typically perform only less than 15% of the work and the subcontractors perform the other 85% Projects do not fail at the end, they fail at the beginning, i. e. way you define the objective determines the approach you will use to accomplish it. Lack of effective management leads to a strong possibility that crisis management will be the norm. Accountability (answer) is a combination of responsibility (performance) and authority (compliance) Methods of accomplishing construction: 1) owner"s force (completed entirely in-house), 2) owner"s. Management (in-house management, subcontracted work), 3) construction by general contractor: design/build & turnkey (utilizes a design/build firm), 5) construction management (designers report to client, construction manager manages contractor) and 6) project management.