% of projects deemed failure
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16%
Why do we consider manhours instead of cost
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b/c labor is the number one risk in construction (contributes to 40-60% of
cost)
adjusting/navigating requires
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being engaged and observing
constructive changes
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changes mandated by field conditions or inadequacy of drawings; need
timely notice in order to get paid
lean intensity directly correlates with
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project success
collaborative teamwork
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selecting the right people and developing interdependence and trust
among them
sustainability
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value based statement based on environmental capacity; set of principles,
practices and tools; abstract and implies utopia so impossible; not a
science or a discipline
creep factor
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long term procurement items
risk factor/level (risk rating)
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=probability x consequence of risk
two components of labor
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hourly rate and labor productivity/labor burden
University of Texas faculty found that top key success criteria related to project
outcomes included
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schedule, functionality, budget and client satisfaction
labor productivity is what kind of risk
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known-unknown
living order
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surprises, hard to predict, messy and chaotic, adaptive, turbulent and
changing
program
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16%
Why do we consider manhours instead of cost
,Give this one a try later!
b/c labor is the number one risk in construction (contributes to 40-60% of
cost)
adjusting/navigating requires
Give this one a try later!
being engaged and observing
constructive changes
Give this one a try later!
changes mandated by field conditions or inadequacy of drawings; need
timely notice in order to get paid
lean intensity directly correlates with
Give this one a try later!
project success
collaborative teamwork
,Give this one a try later!
selecting the right people and developing interdependence and trust
among them
sustainability
Give this one a try later!
value based statement based on environmental capacity; set of principles,
practices and tools; abstract and implies utopia so impossible; not a
science or a discipline
creep factor
Give this one a try later!
long term procurement items
risk factor/level (risk rating)
Give this one a try later!
=probability x consequence of risk
two components of labor
, Give this one a try later!
hourly rate and labor productivity/labor burden
University of Texas faculty found that top key success criteria related to project
outcomes included
Give this one a try later!
schedule, functionality, budget and client satisfaction
labor productivity is what kind of risk
Give this one a try later!
known-unknown
living order
Give this one a try later!
surprises, hard to predict, messy and chaotic, adaptive, turbulent and
changing
program