
Project Management: Resource Planning
Flashcard
•
Professional Development
•
University
•
Practice Problem
•
Hard
Mohd Ansori
FREE Resource
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91 questions
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1.
FLASHCARD QUESTION
Front
What is the main objective of resource management in construction?
Back
To supply and support the operation field so that established time objectives can be met and costs can be kept within the construction budget.
2.
FLASHCARD QUESTION
Front
What are the key learning outcomes of the course on resource planning?
Back
1. Monitor the construction budget and control project costs. 2. Identify labor, materials, and machinery to support field operations based on project type.
3.
FLASHCARD QUESTION
Front
What does financial management in project management focus on?
Back
It focuses on acquiring and managing financial resources, revenue sources, and monitoring net cash flows for the construction project.
4.
FLASHCARD QUESTION
Front
What are the benefits of good financial management in construction projects?
Back
1. Effective use of resources. 2. Gaining the respect and confidence of funding agencies. 3. Competitive advantage for scarce resources. 4. Long-term financial sustainability.
5.
FLASHCARD QUESTION
Front
What is the importance of labor management in construction?
Back
It ensures that planning or schedule targets are achieved, reduces overhead costs, ensures efficiency and productivity, and improves safety standards.
6.
FLASHCARD QUESTION
Front
What are the two types of labor resource planning?
Back
1. Resource smoothing: Adjustments to total project duration with a fixed contract time. 2. Resource leveling: Resolving unbalanced resource use over time.
7.
FLASHCARD QUESTION
Front
What factors affect job-site productivity?
Back
1. Labor characteristics (age, skill, experience). 2. Project work conditions (job size, accessibility, labor availability). 3. Non-productive activities (rework, weather delays, strikes).
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