Flashcard: Construction Project Scheduling and Management — 16 carte

Work Study — definition?

Systematic analysis to improve work efficiency.

Material Computation — stage?

Estimating material quantities and costs.

Construction Project Network — role?

Visualizes activity sequences and dependencies.

Critical Path Analysis — mechanism?

Identifies longest activity sequence determining duration.

Project Float — calculation?

LFT - EST - activity duration.

Negligence — defense?

Contributory, comparative, assumption of risk, statutory compliance, act of God.

Mortgage types — examples?

Fixed-rate, variable-rate, interest-only, reverse, amortized.

Arbitration — procedure?

Dispute resolution by binding third-party decision.

Work Study — purpose?

Improve productivity and eliminate waste.

Material Security — stage?

Protecting materials from theft and damage.

Project Network — element?

Activities, dependencies, timelines.

Critical Path — significance?

Determines minimum project duration.

Float — meaning?

Time activity can be delayed without affecting project.

Negligence — common defense?

Contributory and comparative negligence.

Interest-Only Mortgage — feature?

Pay interest during initial period, then principal.

Arbitration — advantage?

Confidential, faster, binding resolution.