PROJECT - IS A PLAN OR AN UNDERTAKING COMPOSED 6.

OPERATION AND MAINTENANCE

OF COLLECTIVE TASK AND ACTIVITIES SUCH AS WHEN THE CONSTRUCTED STRUCTURES ARE
PLANNING, FINANCING, DESIGNING, CONSTRUCTING COMPLETED AND TURNED OVER TO THE
AND MANAGING OPERATIONS TO ACHIEVE PARTICULAR PROJECT OWNER
OBJECTIVES.
7. POST-PROJECT EVALUATION
MANUFACTURING – PROJECT CAN BE WHEN THE PROJECT IS COMPLETED AND IN
REPETITIVE, PERMANENT OR SEMI-PERMANENT OPERATION. THE OBJECTIVE IS TO COMPARE
PLANS AND TARGETS WITH THE ACTUAL
CONSULTANCIES – PROJECT MAY ENTAIL THE COMPLETED STRUCTURE
EXHAUSTIVE TASK OF PLANNING, EXECUTING
AND DELIVERING THE REQUIRED MANAGEMENT FUNCTIONS
PROFESSIONAL SERVICES
MANAGERS – ARE EXPECTED TO PERFORM
LENDING INSTITUTIONS – PROJECT COULD CERTAIN DUTIES OR FUNCTIONS AS THEY MOVE
PERTAIN COLLECTIVELY TO HIGHLY PROJECTS TO SUCCESSFUL COMPLETION
ANALYTICAL PROCESSES
9 FUNCTIONS OF MANAGEMENT
PROJECT DEVELOPMENT – IS CLASSIFIED GENERALLY 1. PLANNING
IN THREE PHASES: 2. ORGANIZING
PRE-INVESTMENT 3. STAFFING
INVESTMENT 4. DIRECTING
POST-INVESTMENT 5. CONTROLLING
6. REPORTING
PROJECT DEVELOPMENT CYCLE STAGES 7. MONITORING AND EVALUATION
1. PROJECT IDENTIFICATION 8. COORDINATING
2. PROJECT PREPARATION 9. REVIEWING
3. APPRAISAL AND FINANCING
4. ENGINEERING AND DETAILED PLANNING
DESIGN SETTING UP GOALS, OBJECTIVES AND TARGETS
5. IMPLEMENTATION OF AN ORGANIZATION
6. OPERATION TARGET-SETTING – REFERS
7. MAINTENANCE PARTICULARLY TO CERTAIN FACTORS LIKE
TIME, BUDGET, PROFIT, DESIRED QUALITY, AND
1. PROJECT IDENTIFICATION OR INITIATION SCOPE OF WORK
PROJECT ARE IDENTIFIED OR INITIATED IN
NUMEROUS WAYS. ORGANIZING
INITIATION PROCESS – DICTATES THE IS A MANAGEMENT FUNCTION THAT DEALS
NATURE AND SCOPE OF A PROJECT. WITH THE DEVELOPMENT OF AN ORGANIZATION
STRUCTURE
2. PROJECT PREPATION
ADEQUATE LEVEL OF DETAILS MUST BE STAFFING
FORMULATED DEALS WITH THE RECRUITMENT AND
DEVELOPMENT OF COMPETENT EMPLOYEES
BASIC PURPOSE OF PREPARATION THROUGH A PROCESS OF EVALUATION,
1. RESOURCES NEEDED SELECTION, PLACEMENT AND HUMAN
2. ESTIMATE COSTS RESOURCE DEVELOPMENT
3. PLAN TIME SCHEDULES
4. DEFINE WORK NEEDED DIRECTING
5. IDENTIFY POTENTIAL RISK DURING PROVIDING INSTRUCTIONS TO LOWER LEVEL
PORJECT EXECUTION PERSONNEL
COMMUNICATING THE WORK TO BE DONE
3. APPRAISAL AND FINANCING PERIODICALLY
PROJECT REQUIRES EXTERNAL FINANCING LEADING THE TASK REQUIRED IN A PROJECT
SOURCES, THE PROCESS OF APPLICATION,
APPRAISAL OR EVALUTAION, NEGOTIATIONS, CONTROLLING
AND FINANCING IS INEVITABLE. IS A FUNCTION PERFORMED BY MIDDLE ANND
TOP-LEVEL PORJECT ENGINEERS AND
4. ENGINEERING AND DETAILED DESIGN MANAGERS
PLANS AND DESIGNS ARE DEVELOPED AFTER
CONSIDERING VARIOUS FACTORS LIKE REPORTING
OWENER’S PREFERENCE, LOCAL CONDITIONS DEALS WITH THE PERIODIC PREPARATION OF
AND AMOUNT OF INVESTMENT TO BE ALLOTED. REQUIRED REPORTS FOR SUBMISSION TO
HIGHER AUTHORITIES AND TO THE PROJECT
5. IMPLEMENTATION / CONSTRUCTION OWNER
CAPITAL OUTPLAY IS POURED IN DURING
IMPLEMENTATION OR CONSTRUCTION OF AN
ENVISIONED PROJECT
MONITORING AND EVALUATION 4 MAJOR INTERRELATED CONSTRAINTS IN
ARE RELATED TO CONTROLLING PROJECT MANAGEMENT
MONITORING – PERFORMED MONTHLY 1. SCOPE
EVALUATION – DONE ON A SEMI- 2. TIME
ANNUAL BASIS 3. COST
4. QUALITY
COORDINATING
INVOLVES FORMAL MEETINGS INCLUDING 2 PROJECT PARTICIPANTS
PLANNING SESSIONS, PROJECT 1. CONTRACTOR
COORDINATION, CONSULTATION AND PROBLEM 2. CONSULTANTS OF THE OWNER
SOLVING MEETINGS

REVIEWING
DONE IN WHOLISTIC MANNER WHEN THE MANAGEMENT SKILLS
PROJECT REACHES 95% COMPLETION OR 3 MANAGEMENT SKILLS
AFTER COMPLETION 1. TECHINICAL SKILL
2. HUMAN SKILL
3. CONCEPTUAL SKILL
RESOURCES
TECHNICAL SKILL
RESOURCES MANAGEMENT – CHIEFLY PERTAINS TO THE COMPETENCE IN USING THE
CONCERNS THE ADMINISTRATION OF PHYSICAL ENGINEERING TOOLS, PROCEDURES,
RESOURCES FROM ORIGIN TO FINAL QUATITATIVE TECHNIQUES AND
CONSUMPTION CONSTRUCTION METHODOLOGIES

5 RESOURCES HUMAN SKILL

1. MONEY REFERS TO THE ABILITY TO WORK WITH
2. MATERIALS PEOPLE
3. MANPOWER OR LABOR
4. MACHINERIES OR EQUIPMENT CONCEPTATUAL SKILL
5. METHODS OR TECHONOLGIES IS THE MENTAL ABILITY TO COORDINATE AND
6. INFORMATION INTEGRATE ALL PROJECT ACTIVITES

MONEY
REFERS TO SOURCES AND USES OF FUNDS QUALITIES OF EFFECTIVE PROJECT MANAGEMENT AND
AND THE FINANCING PLAN ENGINEERS
A LEADER MUST BE:
MATERIALS L-EARNED
BILL OF MATERIALS – REFER TO SUCH LIST OF E-NERGETIC
ITEMS LIKE AGGREGATES, CEMENT, REBARS, A-CTIVE
LUMBER… D-EDICATED
E-NTHUSIASTIC
MANPOWER OR LABOR R-ESOURCEFUL
REFERS TO THE OPERATIONALLY REQUIRED
HUMAN RESOURCE FOR THE PROJECT
PROJECT PARTICIPANTS
MACHINERIES OR EQUIPMENTS 1. OWNER
USE OF HEAVY EQUIPMENT, MECHINERIES AND 2. DESIGNER
APPURTANCES, VEHICLES AND TRUCKS, AND 3. BUILDER / GENERAL CONTRACTOR
SPARE PARTS 4. PROJECT MANAGER OF OWNER
5. LENDER / FUNDER
METHODS OR TECHNOLOGIES
REFER TO THE RANGE OF TRADITIONAL, OWNER
MODERN OR STATE -OG-THE-ART INITIATES AND OWNS THE PROJECT
TECHONOLOGIES OR A COMMON COMBINATION
OF THESE DESIGNER
DEVELOPS PLANS, DESIGNS, TECHNICAL
INFORMATION SPECIFICATIONS AND SHOP DRAWINGS.
A VITAL RESOURCE OF MODERN MANAGEMENT CAN BE ENGINEERS AND ARCHITECTS

BUILDER / GENERAL CONTRACTOR

PROJECT MANAGEMENT UNDERTAKES THE PROJECT
IS THE DISCIPLINE, ART AND SKILL OF
PLANNING, ENGINEERING, CONTROLLING AND PROJECT MANAGER
MANAGING RESOURCES ENSURES THAT THE PLANS AND
IS MANAGING OR HANDLING A GROUP OF SPECIFICATIONS ARE PROPERLY EXECUTED
RELATED AND SOMEHOW INDEPENDENT
PROJECTS. LENDER / FUNDER
PROVIDES FINANCES NEEDED TO UNDERTAKE
AND ACCOMPLISH THE PROJECT