Construction Project Management Portal

Risk Basement Construction

To obtain the best efficiency for the project and to minimize the possible damages for the project and the neighboring buildings, we should have a suitable risk management system (RMS) to implement in the project to ensure that the project is operated in the best and safest way to gain full targets of the project: Safety – Quality – Process – Efficiency.

What is Risk Management System (RMS) ?
RMS
The deep Basement construction needs to be done by the Professional Contractor with a full knowledge about the possible risks and there is a methodical and full control system about this issue.

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April 17, 2012 Posted by | Research | , | Leave a comment

Construction Site Management

Construction Site
Here’s what you need to know about Site Construction:

1. There are lots of people on a construction site at any one time, and knowing who they are, who they work for and what they are doing, is important for health and safety reasons, as well as for making sure that the build is going to plan.

2. Without some sort of management system, it can be hard to keep track of who should and shouldn’t be there. Are some people late for work? Has that company done all it needs to do for the build? Are workers waiting for parts or materials to arrive?

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April 17, 2012 Posted by | Site Management | , | Leave a comment

Cost Estimation

Cost estimating is one of the most important steps in project management. A cost estimate establishes the base line of the project cost at different stages of development of the project. A cost estimate at a given stage of project development represents a prediction provided by the cost engineer or estimator on the basis of available data. According to the American Association of Cost Engineers, cost engineering is defined as that area of engineering practice where engineering judgment and experience are utilized in the application of scientific principles and techniques to the problem of cost estimation, cost control and profitability.
Virtually all cost estimation is performed according to one or some combination of the following basic approaches:

Production function. In microeconomics, the relationship between the output of a process and the necessary resources is referred to as the production function. In construction, the production function may be expressed by the relationship between the volume of construction and a factor of production such as labor or capital. A production function relates the amount or volume of output to the various inputs of labor, material and equipment. For example, the amount of output Q may be derived as a function of various input factors x1, x2, …, xn by means of mathematical and/or statistical methods. Thus, for a specified level of output, we may attempt to find a set of values for the input factors so as to minimize the production cost.

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April 17, 2012 Posted by | Project Management | | Leave a comment