Project Management for Construction Projects

ETHZ / HS2022 / Bauingenieurwissenschaften Master / Project Management for Construction ProjectsWith this and the kahoot multiple choice questions you're good to go! 5.0 guaranteed!

ETHZ / HS2022 / Bauingenieurwissenschaften Master / Project Management for Construction ProjectsWith this and the kahoot multiple choice questions you're good to go! 5.0 guaranteed!


Set of flashcards Details

Flashcards 94
Language English
Category Micro-Economics
Level University
Created / Updated 24.11.2022 / 28.12.2022
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Near miss

Potential for loss but none occurred

The safety cultural change journey

Safety measures during construction

Safety monitoring with AI - Value

Reduce on-site security

Replace checklists

reduce workplace injuries

provide a safe environment

access control of restricted areas

Behavior-Based Safety Improvement Model

Reactive Safety Management

Active Safety Management

Critical Path

The of longest sequence activities that must be finished on time in order for the project to be complete.

SPI

Schedule Perfoming Index

Measure of schedule efficiency on a project.

SPI = BCWP / BCWS = EV / PV

SPI > 1 --> good (ahead of schedule)
SPI < 1 --> bad (behind schedule)

CPI

Cost Performance Index

CPI = BCWP / ACWP = EA / AC

A metric from the EVA method.

CPI

Cost performance index

Measure of cost efficiency on a project.

CPI = BCWP / ACWP = EV / AC

CPI > 1 --> good (below budget)
CPI < 1 --> bad (over budget)

BCWS

budgeted cost of work scheduled

a.k.a. planned value (PV)

BCWS = total cost * %planned work

ACWP

actual cost of work performed

a.k.a. actual cost (AC)

ACWP = what is paid for an activity

BCWP

budgeted cost of work performed

a.k.a. earned value (EV)

BCWP = total cost * %work done