He drew a man of a height of 1.75m, engaged at four points: zero, 108, 175, 216, then the red strip on the left, the blue on the right.
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The net value or net benefit of a project when all costs have been discounted to the present at the accounting rate of interest The major parameters that decide the net present value are Cash flow occurring at the end of every year, till the life of the project Life of the project Cost of capital use as the discount rate In architectural design what is represented by ‘Blue series’ and ‘Red series’? Explain the underlying concept and their applications Le Corbusier, while working with the modular called the Fibonacci series arising from the relationship based on the unit 108, the red series, and that series based on the double unit 216 the blue series. Suggest the components of financial appraisal of a project Investment outlay and cost of project Means of financing Cost of capital Projected profitability Break-even point Cash flows of the project Investment worthwhile ness judged in terms of various criteria of merit Projected financial position and flows Level of risk What is mastic asphalt? Where is it used in built environment? Mastic asphalt is rock asphalt containing 90% of calcium carbonate with atleast 8% of bitumen which is then heated to 176 to 200 and stabilized with 12 1/2% sand Used in damp proofing of flat roofs, walls and floors What is net present value? Which are the major parameters that decide the net present value of a development project?Ģ KAVALI GATE ARCHITECTURE 2010 PART -2 | For ‘no delay’ condition to be fulfilled it should be naturally equal to the latest finish time minus the activity duration.
The late start time for an activity is the latest time by which an activity can be started without delaying the completion of the project. This is naturally equal to the earliest event time associated with the tail of the activity arrow.
This is continued till a breakdown is done in terms of manageable units of work for which responsibility can be defined.Ĭompare between Early start schedule and late start schedule in Project Management The earliest start time for an activity is the earliest time by which it can commence. It is constructed by dividing the project into its major parts, with each of these being further divided into sub-parts. Project programming Resource balancing Crashed program Time-cost trade-off curve Use of computers in Project management Work bread down structure The work break down structure represents a systematic and logical breakdown of the project into its component parts. Cost over-run = ( (actual cost – value of work completed) / value of work completed ) * 100 (Under–run)ġ KAVALI GATE ARCHITECTURE 2010 PART -2 | Similarly there is cost under-run when the cost incurred is less than the value of work done. Project management involves the following three phases : Planning, scheduling and controlling Event is a particular instant of time at which some specific part of a plan is to be achieved Activities are clearly recognizable jobs or operations Resources Material resource (what) Equipment resource (how) Space resource (where) Effort or manpower resource (who) Time resource (when) Role of Project Manager Network compression Compression potential Project under-run Project over-run Cost under-run / Cost over-run There is cost over-run when the cost incurred is more than the value of work done. It involves scientific application of modern tools and techniques in planning, financing, implementing, monitoring, controlling and coordinating unique activities or tasks to produce desirable outputs in consonance with pre-determined objectives within the constraints of time, cost, quantity and quality. Management refers to an act of managing, controlling, coordinating, directing etc of a host of activities Project management is an organized venture for managing projects. A project presupposes commitment of task(s) to be performed within well-defined objectives, schedules and budget.
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īUILDING CONSTRUCTION TECHNIQUES METHODS AND DETAILS BUILDING SYSTEMS AND PREFABRICATION OF BUILDING ELEMENTS PRINCIPLES OF MODULAR COORDINATION ESTIMATION, SPECIFICATION, VALUATION PROFESSIONAL PRACTICE PROJECT MANAGEMENT, PERT, CPM.
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