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What is project feasibility?

Usually the Project Feasibility Study is the next stage after a project is proposed. Business requirements in projects may cause multiple projects to be proposed. But, it is during the feasibility study stage when experts try to figure out if the project is technically and financially feasible. Only if a project is feasible would it go the next stage where it will be initiated, planned and executed.


Which statements correctly describe the relationship between project life cycle stages and the phases in a project?

All the phases in a project make up its entire life cycle. The stage of carrying out project work does not align with a single phase. The stage of carrying out project work may be divided into many phases, depending on the nature of a project.


Which statements are true of the relationship between project life cycle stages and phases in a project?

The starting, organizing and preparing, and closing project life cycle stages tend to have aligning phases. The stage of carrying out project work does not align with single phase. Many phases may occur during this stage, depending on the nature of the project The project life cycle is made up of all the project phases.


What are the two critical step of the formation stage of team building?

In the first stage of team building, the forming of the team takes place. ... This phase can become destructive to the team and will lower motivation if allowed to get ... a group breaks out of its norms through a process of creative problem-solving.


What is a snag list in construction terms?

Snagging is a term used in the construction industry in the United Kingdom and Ireland. Snagging is the production of a list of quality defects at the end of a build process/phase/stage (a "Snag List" or "Snagging List").

Related Questions

What are the five components of a charter?

The five components of a charter are project initiation stage, project planning and design stage, project execution and construction stage, project monitoring and controlling systems, and project completion.


In construction of a building what does delivery stand for?

Delivery is sometimes used to refer to the stage in building construction where the building is available to the user. This can be completion, or can be before completion of construction.


What is tender drawing in construction?

Drawings that are used for estimating/pricing the cost of the building to be constructed.


What is the importance of BIM in construction?

BIM - (Building Information Modelling) helps the builder from the designing stage up to the achievement of the project. It allows the managers to share important models with subcontractors to assure smooth design and pre-construction operations.


What is the planning process of a construction project?

AnswerTwo word answer> GENERAL-CONTRACTORAnswerYou might be interested in reading this: http://www.pmhut.com/strategic-planning-and-construction-project-programming (can't copy and paste, sorry).


What are the six features of the natural environment that must be considered at the planning stage of a construction project?

The six features of the natural environment to consider during the planning stage of a construction project are topography, hydrology, vegetation, soil conditions, climate, and wildlife habitats. Understanding these factors helps in minimizing the project's impact on the environment and ensures sustainable development. Building in harmony with the natural environment can lead to better project outcomes and long-term environmental stewardship.


When do payments typically start on a construction loan?

Payments on a construction loan typically start once the project reaches a certain stage of completion, known as the "draw" stage. This is when the lender releases funds to the borrower to pay for the construction work that has been completed.


What is plinth area estimate?

plinth area is when measuring a building. it is a stage during the procurement of a project


What is the definition of substantial completion?

Architectural definition:The date at which the work or building project, or a designated portion of the work or building project thereof is sufficiently complete, in accordance with the construction contract documents, so that the owner may use or occupy the work or building project or designated portion thereof for the intened use for which it is originally designed and intended for.This would include the completion of all life safety systems, weathertight envelope, and adequate protection of building occupants and or equipment is ensured from hazzards posed by additional or possible construction activities or other potential harmful conditions that may exist or become evident during the final work effort to complete the project per the construction contract documents.This date is then certified by the architect to the owner or client. From this date a number of other provisions are started such as warranty, guaranties, and liabilities.


What has the author John G Lucas written?

John G. Lucas has written: 'Building contracts - documentation at tender stage' -- subject(s): Building, Construction contracts, Estimates


When is the best time to install a framing window opening in a new construction project?

The best time to install a framing window opening in a new construction project is during the framing stage, before the walls are finished. This allows for proper placement and support of the window within the structure.


What is the difference between construction management and project management?

Construction project management is under closer scrutiny. The scope of project managers and construction managers differs significantly. Project managers are usually further up the organizational food chain and have more responsibilities. As the name implies, project management is the administration and control of project activities within an organization during the development phase. Every detail must be reported to the owner. construction project management is the straightforward management and control of construction activities within an organization, as the name implies. Each detail must be reported to the project manager. The process of overseeing a construction project is known as construction management. Professionals that supervise the construction stage of a new project are known as construction managers. Ordering construction materials, giving tasks to a construction crew, and collaborating with subcontractors are some of their responsibilities. They frequently work on a construction site, where they supervise a crew and ensure quality and safety during the construction process. Project management is a vast field that entails overseeing all aspects of a project, from conception to completion. Project managers are in charge of overseeing the entire construction process. Meeting with the client to discuss the first plans, hiring a team, and maintaining construction paperwork are all part of this process. Difference between project management and Construction managers Construction managers have fewer responsibilities than project managers. Project managers have more responsibilities than construction managers. Project managers must also consider the organization's food chain. Only internal construction activity is considered by construction managers. They must also consider land allocation, employee management, work assignment, and the employment of a construction manager, among other things. They solely consider construction activities, which include equipment, supplies, and assets. It is the project manager's obligation to offer the tools, resources, and support needed for the construction manager to accomplish the project. It is the obligation of construction to make effective and productive use of those tools and resources in order to complete the task. Project managers are needed in a variety of areas, including real estate, computer design, and so on. Only where construction work is being done are construction managers required.