Reasons and methodologies for proper planning, monitoring, and controlling construction project costs and schedule
The key to successful construction project control is the fusing of cost to schedule, enabling the management of one to help the management of the other. This requires that a task's cost and its duration have a direct relationship, not an arbitrary assignment by the scheduler. Ensuring that relationship is correct and setting the appropriate baseline for tracking is the domain of the project control analyst.
Written by a seasoned professional in the field, Project Control: Integrating Cost and Schedule in Construction fills a void in the area of project control as applied in the construction industry today. It demonstrates how productivity models for an individual project are created, monitored, and controlled, and how corrective actions are implemented as deviations from the baseline occur. Important topics covered include:
- Integrating the schedule and budget
- Calculating and analyzing progress
- Analyzing and reporting variances in schedule and cost
- Recognizing trends and forecasting performance
- Acceleration and schedule compression
- Resource and risk management
Project Control: Integrating Cost and Schedule in Construction is an ideal coursebook for university and technical school classes in construction management and an indispensable reference for construction professionals involved in long-term infrastructure projects.