C

Capability, 2 , 2 , 24 Capable process, 233, 234 Capacity, 22, 24

Capital, 14-16, 126, 128, 133, 142, 143 cost of, 135, 137, 142

Capital accounts, 80

Capital budgeting, 134-136, 146

Capitalized expense, 130

Capital lease, 134

Capital purchases, 80

Capital structure, 134-135

Cash, 146

capital budgeting and, 134-136 sources of, 131, 132, 133 uses of, 131, 132, 133

Cash earnings, 143

Cash flow statement, 126, 131-133, 134, 146, 150

CCE, see Cost of capital employed

CCF, see Cost of capital factor Ceiling price, 250, 251

Central Limit Theorem, 4 , 5 , 58-59, 6 , 8 , 9 , 193-196, 214, 227, 230

Central tendency, 154

Charter, see Project charter

Chart of accounts, 76, 126, 133, 150

Chebyshev's Inequality, 56

Chief financial officer, 151

Chi-square, 46

COCOMO II, 93-94

Code of accounts, 76

Coefficient of determination, 223-225

Competitive bidding, 86

Completion contract, 247

Completion estimates, 9 , 98

Compounding, 137, 138

Computer-aided simulation, 197

Conditional branching, 35

Conditional probabilities, 33-35

Conditions, decisions with, see Decisions with conditions

Confidence, 3 , 5 , 6 , 6 , 8 , 8 , 9 , 9 , 9 , 118, 136, 198, 212, 235

Confidence estimate, 85

Confidence intervals, 46, 59-60, 98, 196

Confidence limits, 6 , 65

Confidence tables, 30, 61

Consideration, 246

Constraint, 211, 230

Construction industry, 92

Continuous distribution, decision tree with, 110

Continuous probability function, 110

Continuous random variable, 39, 41, 42, 48, 110

Contract, 245-256 elements of, 246 mathematics of, 248-255 cost plus, 251-253 fixed price, 249-251 time and materials, 253-255 project and supplier risk in, 246-247 types of, 247-248

Contractor work breakdown structure, 76, 150

Core competencies, 3-5

Corrective action, 155

Correlation coefficient, 63

Correlation function, 63

Cost, 2 , 2 , 2 , 5 , 76-79, 8 , see also Expenses; Resources actual, see Actual cost applying three-point estimates to, 154-155, 179 categories, 154 fixed, 60, 61-63

regression analysis and, 217, 218 standard, 153

Cost account, 78, 79-81, 95, 97 dollar sizing, 163-164 rolling wave planning and, 164, 179

Cost at completion, 82

Cost of capital, 135, 137, 143, 146

Cost of capital employed (CCE), 142, 143, 144, 145

Cost of capital factor (CCF), 142

Cost of use, 134

Cost performance index (CPI), 159, 162, 171 Cost plus (CP) contract, 248, 249, 251-253 Cost plus fixed fee (CPFF) contract, 249, 252

Cost plus incentive fee (CPIF) contract, 249, 253

Cost-reimbursable contract, 5, 248, 252

Cost/Schedule Control Systems Criteria (C/SCSC), 156, 159

Cost variance, 159, 160, 161, 162, 167, 168, 169, 170, 171

CP, see Cost plus contract

CPFF, see Cost plus fixed fee contract

CPI, see Cost performance index

CPIF, see Cost plus incentive fee contract

Critical chain, 188, 210-213, 214, 230

Critical path, 187, 193, 195, 199, 200, 206, 207, 211, 212 calculating, 189-190 characteristics of, 188-189

Critical path method (CPM), 187-192, 193, 200, 212, 213-214 backward path, 191-192 critical path, 188-190 critical tasks, finding, 192, 193 forward path, 190-191

Critical tasks, 191, 193

Cumulative probability, 98, 198, 200

Cumulative probability density functions, 52

Cumulative probability functions, 38, 39-41, 59, 64

Customer, voice of the, 8

Customer intimacy, 7

Customer perspective, 6, 8

Customer requirements, 238, 239

Customer retention, 7

Customer satisfaction, 2, 7, 8-11, 12, 19

Team LiB

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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