PCM-Lecture05-Organizations

PCM-Lecture05-Organizations - Project and Construction...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Project and Construction Management Project and Construction Management Lecture #05 Lecture #05 Organizations used in Construction Luis A. Prieto-Portar 2010 Modern Management in Construction. The construction industry is evolving into ever increasing levels of complex interdependencies between owners, design professionals, financial institutions, contractors, material and system providers and service organizations. The task of the Project Manager is to create a harmonious environment for all of these entities to work for a common goal: a successful project that is completed on time and within budget. At this time, China and India represent half of the worlds population. Their increasing demand for energy and materials (steel, cement, etc) has created an creasing shortage of resources in the rest of the world. Project Managers can no increasing shortage of resources in the rest of the world. Project Managers can no longer expect to receive their materials and systems at the agreed price or on time . Skilled workers are becoming scarcer . Also, there are increasing discrepancies in available skills. For example, the design engineer may charge $60,000 to prepare a set of complex calculations and drawings for a forty story building. At the same time, the crane operators, electricians and plumbers on that job may each earn in excess of $95,000. Government regulations become more complex with each passing year. Today, most projects require plan runners to pull permits, and their fees will be larger than the design professionals. The realtors will also earn more, usually 6% of the sale cost each time they resell the building, compared to 0.5% for the structural design. Project Managers ( PM ) are hired to solve all the (internal) problems that occur during the projects lifetime. PMs also must face external factors to the project: national economic downturns, shortages of materials and skilled labor, inclement weather, etc. The PM need to develop planning tools to predict these events and prepare contingency plans for each event. In essence PMs manage time, money, equipment, technology, people and materials. These are called the projects resources . The project is divided into activities which are performed in a logical sequence . Each activity is then studied in great detail, such as:- How many workers are required?...
View Full Document

This note was uploaded on 08/29/2011 for the course CGN 4930 taught by Professor Prieto-portar during the Spring '11 term at FIU.

Page1 / 31

PCM-Lecture05-Organizations - Project and Construction...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online