Project Close Out
To verify that all work has been accomplished as
agreed and the client or customer accepts the final
1. Partial Completion Certificate.
2. Substantial Completion Certificate.
Project Economic Feasibility
Economic Feasibility Study
A project must be economically feasible regardless of its size and type.
Methods of determining the economic feasibility:
1. Private Projects:
Monetary return on the investme
Essentials of Project
The Age of Project Management
Integrated Management of Projects
The Technical and Sociocultural Dimensions of
the Project Management Process
What is Project Management?
Project Management is a set of pri
Uncertain Events or Conditions
that if they occur, have a positive
or negative effect on the project
Reducing (Crashing) Project
Crashing the activities:
Shortening some of the activity times in order to shorten the
project total duration.
Crashing usually achieved by adding extra resources ( such as
Development of Project Estimates
The Budget for a project is the maximum amount of money the owner is willing to spend
for design and construction to economically justify the project.
The Project Budget is derived from
Terms Pertaining to Claims
and Schedule Analysis
Modification or impact to the project work which increa
the original contract scope or which impacts the time o
the original scope.
2. Constructive Change:
Why Do Managers Plan?
Purposes of Planning
planning is the primary management
function that establishes the basis for
all other management functions
planning establishes coordinated effort
planning reduces uncertaint
Monitoring the Project
Monitoring the project performance should answer such questions:
What is the current status of the project in terms of cost and schedule?
How much will it cost to complete the project?