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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 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 correct sequence in gfebs for the installation's construction of a building?

In the General Fund Enterprise Business System (GFEBS), the correct sequence for the installation's construction of a building typically follows these steps: first, the project is planned and funded through the creation of a work order. Next, the design and engineering phase is completed, followed by the procurement of necessary materials and services. After that, construction is executed, and finally, the project is monitored for compliance and quality before formal closure and acceptance. Each stage must adhere to GFEBS protocols for financial tracking and reporting.


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 is formation level construction?

Formation level construction refers to the initial stages of building where the structure's foundation and base are established. This includes tasks like site preparation, excavation, and laying foundations, which are critical for ensuring the stability and durability of the entire structure. Proper execution at this stage is essential for the overall integrity of the construction project. It sets the groundwork for subsequent phases, including framing and finishing.


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.