Elements of Management : Project cycle, Organisation, planning, scheduling monitoring updating and management system in construction.
Unit -2 Network Techniques : Bar charts, milestone charts, work break down structure and preparation of networks. Application of network Techniques like PERT, GERT, CPM, AON and AOA in construction management. Project monitoring, cost planning, resource allocation through network techniques. Line of balance technique.
Unit – 3 Engineering Economics : Time value of money, Present economy studies,Equivalence concept, financing of projects, economic comparison present worthmethod Equivalent annual cost method, discounted cash flow method, analytical criteria for postponing of investment retirement and replacement of asset.Depreciation and break even cost analysis.
Unit – 4 Contract Management :Legal aspects of contraction, laws related to contracts, land acquisition, labour safety and welfare. Different types of contracts, their relative advantages and disadvantages. Elements of tender preparation, process of tendering pre-qualification of contracts, Evaluation of tenders, contract negotiation and award of work, monitoring of contract extra items, settlements of disputes, arbitration and commissioning of project.
Unit – 5 Equipment Management : Productivity, operational cost, owning and hiring cost and the work motion study. Simulation techniques for resource scheduling. Construction Equipments for earth moving , Hauling Equipments, Hoisting Equipments , Conveying Equipments.