By Jay S. Newitt
This article is a finished, stand on my own reference for venture administration scheduling. It incorporates a exact mixture of principles/fundamentals of scheduling and undertaking administration in addition to useful purposes and tutorials of the four most typical scheduling software program programs–Microsoft venture, Primavera venture Planner (P3), SureTrak, P6 venture supervisor and Contractor. Having scheduling info and software program directions in a single ebook obviates the necessity for 2 texts, and the workouts and examples within the scheduling element are tied to a similar routines within the software program parts.
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Extra resources for Construction scheduling : principles and practices
Once the quantities are determined, you divide those quantities by the production rate to determine the activity duration. More information about determining activity durations is contained in Chapter 7 of this text. To create as much teamwork as possible, as the scheduled activities and their bars are created, there should be consultation with other members of the management team. Prior to the actual development of the bar chart, some managers prefer to make a list of the activities and their durations while discussing the project with other team members.
4. Create an automated checklist schedule in Microsoft Excel using the WORKDAY function as explained in this chapter. See the example checklist included on the CD accompanying this text. CHAPTER 4 Bar Chart Schedules Introduction History of Bar Charts Creating Bar Charts Determining the Level of Detail Updating Bar Charts Showing Progress on a Bar Chart Using Three-Week Look-Ahead Bar Charts Creating Bar Charts with Microsoft Excel Examples of Computer-Generated Bar Charts Conclusion Application INTRODUCTION The bar chart method of scheduling is what most managers think of when they hear the word schedule.
That’s with only $75,000 tied up in the project. Now notice what happens when there is $5 million into the project. 00. That is a lot of money that someone is paying just on the interest of the construction costs. Even if the owner is wealthy enough to be working on a cash basis and that money is not being borrowed, there is still value in the money and time expended. If it could be invested at a 9 percent interest rate in a secure investment, there is still a cost based on the time the money is tied up in concrete, steel, drywall, and so on until the project becomes complete and starts to return on its own investment.