SBM1201 Project: Time and Cost Management in Building Construction

This assignment focuses on time and cost management within a building construction project. It begins by defining project activities and determining their dependencies and sequence, followed by an analysis of resource requirements. The deterministic scheduling technique is adapted to establish fixed timelines, and the duration of each activity is determined using a calendar view. The project utilizes bar charts, Gantt charts, and critical path network analysis for scheduling. Resource profiles are developed to identify and level overallocated resources. Finally, earned value analysis is applied to assess project performance. The assignment includes detailed tables outlining project activities, dependencies, resource requirements, and a breakdown of tasks, providing a comprehensive overview of project management techniques in the context of building construction.

Running head: TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Time and Cost Management in Building Construction
Name of the Student
Name of the University
Author’s note

1TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Table of Contents
Assignment 3..............................................................................................................................1
1. Project activities defined in the building construction project plan...................................1
2. Determining the dependencies and sequence of project activities.....................................4
3. Resource Requirements for the entire project....................................................................6
4. Adapting Deterministic Scheduling Technique.................................................................7
5. Determining the duration of each project activity using the Calendar view......................8
6. Bar Chart and Gantt Chart................................................................................................13
7. Critical Path Network Analysis........................................................................................14
8. Resource profile for the project and level overallocated resources.................................16
9. Earned Value Analysis.....................................................................................................21
References................................................................................................................................28

2TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Assignment 3
1. Project activities defined in the building construction project plan
ID Task Name
0 Time and Cost Management in Building Construction
1 Building Construction by ADCO Constructions
2 Contract Plans
3 Sales Agreement
4 Construction Agreement
5 Building Contract Plans
6 Contract Specifications for the building
7 Contract Site Plan for erecting the building
8 Documentation Review for the Building and Approval
9 Finalising Plans for the Building and Preparation of Documentation
10 Finalising Specifications for the Building and Preparation of Documents
11 Entire Construction Design of the Building
12 Revised Plans Approval for the Building
13 Print Building Construction Design
14 Bids and Contracts
15 Preparing Copies of Plans
16 Preparing Copies of Specifications
17 Receiving Bids
18 Detailed Review of Bids
19 Execution of Subcontractor Agreements for Building Construction
20 Building Construction Permits
21 lot stake-out scheduling
22 Meet requirements for the Sediment Control Inspection
23 Filing Grading Permit Application
24 Issuing Grading Permit
25 Approving Building Construction
26 Approving Pay Permit Fees
27 Site Work
28 Clearance of lot
29 Stripping Stockpile and Topsoil
30 Excavation of Stake lot
31 Foundation
32 Digging Footings and Installation of Reinforcing
33 Inspection of Footings
34 Pin Fittings
35 Pour Footings
36 Sand, Stock Block and Mortar
37 Foundation of Build Block
38 Foundation Certification
39 Fill Block Cores

3TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
40 Delivery of Steel for Building Construction
41 Delivery of Lumber for Building Construction
42 Building Waterproofing and Drain Tile
43 Carpentry works of the Building
44 Setting Steel
45 The framing of the deck for the first floor of the Building
46 Framing of walls for the first floor of the Building
47 Framing of Deck for the second floor of the Building
48 Framing of walls for the second floor of the Building
49 Setting up of Roof trusses
50 Framing of Roof
51 Installation of Plywood for Roof for the Building
52 Installation of Doors and Windows of the Building
53 Framing the Basement
54 Concrete Slab Installation
55 Preparation of Basement Slab of the Building
56 Termite Treatment for the Slab
57 Detailed Inspection of the slabs
58 H.V.A.C
59 Layout and Measurement of the HVAC
60 HVAC Set up
61 Plumbing Rough-in
62 Plumbing Rough-in
63 Inspection of Plumbing Rough-in
64 Electric Rough-in
65 Setting up of Electric Boxes
66 Electrical Rough-wire
67 Rough-ins
68 Telephone Rough-ins
69 Audio Visual Rough-in
70 Rough-in of Alarm System
71 Roofing
72 Implementing Roofing Paper
73 Implementing Roof Shingles
74 Exterior Finishes
75 Exterior Trim
76 Brick Work
77 Insulation
78 Draft & Fire Set up
79 Insulation of Batt
80 Inspection of BGE Energy
81 Floor Finishes
82 Implementing Ceramic Tiles
83 Installation of Carpet
84 Painting
85 Trim Coating
86 Drywall Coating

4TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
87 Doors and Windows Coating
88 Hardware installation
89 Door Installation
90 Hardware installation of Bathrooms
91 Mirrors installation
92 Cleaning
93 Building Windows Cleaning
94 Rough Cleaning
95 Project Closure
96 Project Handover
97 Client's Agreement
98 Documentation Review for the Building and Approval
99 Resource Release

5TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
2. Determining the dependencies and sequence of project activities
ID Task Name Predecessors
0 Time and Cost Management in Building
Construction
1 Building Construction by ADCO
Constructions
2 Contract Plans
3 Sales Agreement
4 Construction Agreement
5 Building Contract Plans 4
6 Contract Specifications for the building 4
7 Contract Site Plan for erecting the building 4
8 Documentation Review for the Building
and Approval
9 Finalising Plans for the Building and
Preparation of Documentation 4,5,6
10 Finalising Specifications for the Building and
Preparation of Documents 6
11 Entire Construction Design of the Building 9,10
12 Revised Plans Approval for the Building 9,10,11
13 Print Building Construction Design 11
14 Bids and Contracts
15 Preparing Copies of Plans 12,9
16 Preparing Copies of Specifications 10
17 Receiving Bids 12
18 Detailed Review of Bids 17
19 Execution of Subcontractor Agreements for
Building Construction 15,16,18
20 Building Construction Permits 12
21 lot stake-out scheduling 20
22 Meet requirements for the Sediment Control
Inspection 20
23 Filing Grading Permit Application 21,22
24 Issuing Grading Permit 23
25 Approving Building Construction 20,24
26 Approving Pay Permit Fees 24,25
27 Site Work 25,26
28 Clearance of lot 27
29 Stripping Stockpile and Topsoil 27
30 Excavation of Stake lot 28
31 Foundation
32 Digging Footings and Installation of
Reinforcing 27,28
33 Inspection of Footings 32
34 Pin Fittings 33
35 Pour Footings 34

6TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
36 Sand, Stock Block and Mortar 34,35
37 Foundation of Build Block 36
38 Foundation Certification 37
39 Fill Block Cores 37
40 Delivery of Steel for Building Construction 38
41 Delivery of Lumber for Building Construction 38
42 Building Waterproofing and Drain Tile 38,39
43 Carpentry works of the Building 42
44 Setting Steel 40
45 Framing of the deck for the first floor of the
Building 44
46 Framing of walls for the first floor of the
Building 45
47 Framing of Deck for the second floor of the
Building 45,46
48 Framing of walls for the second floor of the
Building 47
49 Setting up of Roof trusses 47,48
50 Framing of Roof 49
51 Installation of Plywood for Roof for the
Building 50
52 Installation of Doors and Windows of the
Building 50
53 Framing the Basement 37
54 Concrete Slab Installation
55 Preparation of Basement Slab of the Building 53
56 Termite Treatment for the Slab 55
57 Detailed Inspection of the slabs 55,56
58 H.V.A.C
59 Layout and Measurement of the HVAC 57
60 HVAC Set up 59
61 Plumbing Rough-in
62 Plumbing Rough-in 60
63 Inspection of Plumbing Rough-in 62
64 Electric Rough-in
65 Setting up of Electric Boxes 53
66 Electrical Rough-wire 65
67 Rough-ins
68 Telephone Rough-ins 65
69 Audio Visual Rough-in 65
70 Rough-in of Alarm System 65
71 Roofing
72 Implementing Roofing Paper 55
73 Implementing Roof Shingles 72
74 Exterior Finishes
75 Exterior Trim 55
76 Brick Work 75

7TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
77 Insulation
78 Draft & Fire Set up 38
79 Insulation of Batt 38
80 Inspection of BGE Energy 38
81 Floor Finishes 47
82 Implementing Ceramic Tiles 81
83 Installation of Carpet 82
84 Painting
85 Trim Coating 48
86 Drywall Coating 85
87 Doors and Windows Coating 86
88 Hardware installation
89 Door Installation 87
90 Hardware installation of Bathrooms 89
91 Mirrors installation 89
92 Cleaning
93 Building Windows Cleaning 89
94 Rough Cleaning 93
95 Project Closure
96 Project Handover 94
97 Client's Agreement 96
98 Documentation Review for the Building and
Approval 96,97
99 Resource Release 97
3. Resource Requirements for the entire project
Resource Name Type Max.
Units Std. Rate
Department of
Sales Work 100% $20.00/hr
Department of
Construction Work 100% $20.00/hr
Project Manager Work 100% $25.00/hr
Civil Engineer Work 100% $22.00/hr
Sediment
Controlling
Inspector
Work 100% $18.00/hr
Supplier Work 100% $15.00/hr
Mason Work 100% $15.00/hr
Construction
Subcontractor Work 100% $18.00/hr
Electrician Work 100% $12.00/hr
Hardware
Subcontractor Work 100% $15.00/hr
Painter and
Decorator Work 100% $15.00/hr

8TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Cleaning Staff Work 100% $10.00/hr
Builder Work 100% $16.00/hr
Mechanical
Subcontractor Work 100% $18.00/hr
Field
Superintendent Work 100% $20.00/hr
Plumber Work 100% $15.00/hr
Client Work 100% $0.00/hr
Pest Controller Work 100% $0.00/hr
4. Adapting Deterministic Scheduling Technique
The project manager and the other stakeholders have adopted the deterministic
scheduling technique. The timeline for every project activity is fixed. The duration of every
project activity is fixed. The project stakeholders can know the deadline and can work
according to the deadline fixed. The project plan is demonstrating the summary tasks of the
project and fixed deadline or fixed duration has been allocated for each summary tasks. The
hardware installation must be completed within 2 weeks (Tezel et al., 2017). The Foundation
of the building must be completed within 40 weeks. In this way, the project stakeholders will
have to complete the entire project within 89 weeks. The scheduled start date and scheduled
finish time have been shown in the project plan below.
Task Name Duration Start Finish
Time and Cost Management in
Building Construction 89 wks Thu 08-03-
18
Wed 20-
11-19
Building Construction by ADCO
Constructions 89 wks Thu 08-03-
18
Wed 20-11-
19
Contract Plans 7 wks Thu 08-03-
18
Wed 25-04-
18
Documentation Review for the
Building and Approval 8 wks Thu 26-04-
18
Wed 20-06-
18
Bids and Contracts 31 wks Thu 17-05-
18
Wed 19-12-
18
Foundation 40 wks Thu 06-12-
18
Wed 11-09-
19
Concrete Slab Installation 5 wks Thu 04-04-
19
Wed 08-05-
19
H.V.A.C 2 wks Thu 09-05-
19
Wed 22-05-
19

9TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Plumbing Rough-in 2 wks Thu 23-05-
19
Wed 05-06-
19
Electric Rough-in 3 wks Thu 04-04-
19
Wed 24-04-
19
Rough-ins 1 wk Thu 18-04-
19
Wed 24-04-
19
Roofing 2 wks Thu 18-04-
19
Wed 01-05-
19
Exterior Finishes 2 wks Thu 18-04-
19
Wed 01-05-
19
Insulation 18 wks Thu 11-04-
19
Wed 14-08-
19
Painting 6 wks Thu 25-07-
19
Wed 04-09-
19
Hardware installation 2 wks Thu 05-09-
19
Wed 18-09-
19
Cleaning 3 wks Thu 12-09-
19
Wed 02-10-
19
Project Closure 7 wks Thu 03-10-
19
Wed 20-11-
19
5. Determining the duration of each project activity using the Calendar view
The project manager and his team member considered the list of holidays of the year
2018 and based on that they adjust the working schedule (Yılmaz & Kanıt, 2018). The
stakeholders will work according to the new schedule.
Change Working Time demonstrates the list of the holiday. The project schedule will
affect due to the change in working time.

10TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION

11TIME AND COST MANAGEMENT IN BUILDING CONSTRUCTION
Change in Project Schedule
ID Task Name Duration Start Finish
1 Building Construction by ADCO
Constructions 85.8 wks Thu 08-03-
18
Wed 20-
11-19
2 Contract Plans 7 wks Thu 08-03-
18
Wed 25-
04-18
3 Sales Agreement 3 wks Thu 08-03-
18
Wed 28-03-
18
4 Construction Agreement 3 wks Thu 08-03-
18
Wed 28-03-
18
5 Building Contract Plans 3 wks Thu 29-03-
18
Wed 18-04-
18
6 Contract Specifications for the
building 4 wks Thu 29-03-
18
Wed 25-04-
18
7 Contract Site Plan for erecting the
building 3 wks Thu 29-03-
18
Wed 18-04-
18
8 Documentation Review for the
Building and Approval 8 wks Thu 26-04-
18
Wed 20-
06-18
9 Finalising Plans for the Building
and Preparation of Documentation 3 wks Thu 26-04-
18
Wed 16-05-
18
10
Finalising Specifications for the
Building and Preparation of
Documents
3 wks Thu 26-04-
18
Wed 16-05-
18
11 Entire Construction Design of the
Building 3 wks Thu 17-05-
18
Wed 06-06-
18
12 Revised Plans Approval for the
Building 2 wks Thu 07-06-
18
Wed 20-06-
18
13 Print Building Construction Design 1 wk Thu 07-06-
18
Wed 13-06-
18
14 Bids and Contracts 31 wks Thu 17-05-
18
Wed 19-
12-18
15 Preparing Copies of Plans 2 wks Thu 21-06-
18
Wed 04-07-
18
16 Preparing Copies for
Specifications 2 wks Thu 17-05-
18
Wed 30-05-
18
17 Receiving Bids 2 wks Thu 21-06-
18
Wed 04-07-
18
18 Detailed Review of Bids 3 wks Thu 05-07-
18
Wed 25-07-
18
19 Execution of Subcontractor
Agreements for Building Construction 2 wks Thu 26-07-
18
Wed 08-08-
18
20 Building Construction Permits 3 wks Thu 21-06-
18
Wed 11-07-
18
21 lot stake-out scheduling 2 wks Thu 12-07-
18
Wed 25-07-
18
22 Meet requirements for the
Sediment Control Inspection 2 wks Thu 12-07-
18
Wed 25-07-
18
23 Filing Grading Permit Application 2 wks Thu 26-07- Wed 08-08-