FMP - Project Management - Part 02

  1. Loading capacity
    A weight per square meter (square foot) measurement in buildings indicating the capacity for a building structure (usually flooring systems) to sustain weight.
  2. Maintenance period
    The time period in which the contractor provides routine maintenance services for a deliverable as part of the contract.
  3. Material lien
    A secured interest in a property to protect against defaults in payments to suppliers of materials used to improve said property.
  4. Measuring space
    Agreed upon methods for measuring the space of a building such as when determining the total square meters (feet) to be charged as part of a lease.
  5. Mechanics lien
    A claim on a property held by a supplier of materials or labor for nonpayment of a debt.
  6. MEP
    Refers to mechanical, electrical and plumbing.
  7. Millwork
    Construction for custom-made facility furniture including cabinetry, special wood trim, or shelves.
  8. Mitigate
    Adopt or apply preventive measures to reduce probability and/or severity of identified risks.
  9. Nonconforming use
    A use of land that does not conform to the current land use controls imposed by the government.
  10. Non-disclosure agreement
    A legally enforceable contract or clause that requires the contracted resource to treat specified intellectual property as proprietary and not share it with others.
  11. Open tender/bidding/Competitive bidding
    The process where multiple contractors are invited to tender/ bid on a project so that the owner can maximize market pricing and achieve the desired project at the lowest possible cost.
  12. Partition
    Inside floor-to-ceiling structures or wall assemblies that enclose a space. Partitions can be movable or removable.
  13. Payback period
    The length of time it will take to recoup an initial investment cost.
  14. Payment bond
    A bond issued by an insurance company or bank on behalf of a general contractor that guarantees payment to all subcontractors and material suppliers if work is completed within the referenced contract’s set terms and conditions or in the event of default the surety will make the required payments so the project will be free of any liens at completion.
  15. Penalties
    Contractually specified fines linked to specific performance measures.
  16. Performance bond
    A bond issued by an insurance company or bank on behalf of a contractor that guarantees the contractor will perform the contract or in the event of default the surety (party assuming the debt obligation) will either complete the contract or pay monetary damages up to the bond limit.
  17. Performance-based contracting
    The method of contracting which entails structuring all aspects of an acquisition process around the results of work to be performed as opposed to how the work is to be performed. It emphasizes objective, measurable performance requirements and quality standards in developing scope/ statements of work, selecting contractors, determining contract incentives, and performance of contract administration.
  18. Plans
    The anticipated use of resources, timelines, and the sequence of tasks necessary to accomplish the goals of a project.
  19. Post-occupancy evaluations (POEs)
    Surveys taken following project completion to assess the occupants’ level of satisfaction with the various aspects of the new working environment, as well as to check the performance against specifications of the major systems.
  20. Prescriptive-based contracting
    A method of contracting that entails specifying how the work is to be performed and the materials that are to be used, as well as the results and objectives to be achieved at each milestone.
  21. Prevention
    The detection and removal of process flaws during execution.
  22. Primary circulation
    The portion of the building that is public corridor or lobby, or required for access by all occupants on a floor to stairs, elevators, rest rooms and/or building entrances.
  23. Program evaluation and review technique (PERT)
    A critical path scheduling model that incorporates the main concepts and techniques of the critical path method but adds a probabilistic method of estimating duration and cost for each task.
  24. Programming
    The process that defines the detailed project requirements of the end user that are needed to meet the project objectives and general project requirements.
  25. Progress payment
    Payment made for completion of work approved by the owner at a given project milestone.
  26. Project
    Specific units of work that when completed produce an outcome or achieve an objective.
  27. Project charter/Capital project
    justification/Project request form/
    Project documentation
    A document used to justify and allow formal authorization of a project and release funds, prove it has a viable business case, list project requirements, link the project to strategy, and name persons responsible for the project including the project manager.
  28. Project management
    The coordination of people, funds and resources, tasks, and approvals required to accomplish an objective
  29. Project objectives statement/Initial
    project scope/Project definition
    document/Project description
    document
    A document used to state what the project will (and will not) accomplish in terms of its scope and deliverables. It includes a high-level schedule, budget, and set quality standards.
  30. Project planning
    The process of organizing the tasks, resources, and people required to accomplish a unit of work.
  31. Project selection
    A method of listing and ranking potential projects so that a project can be selected and the choice validated as the best possible expenditure of resources over a given time period.
  32. Punch list/Snagging list
    A list of deficiencies, incomplete, or unacceptable work items compiled by the project manager, architect, engineers, and/or designers during final inspection of the project.
  33. Quality
    Fitness for intended use.
  34. Quality control
    A product-oriented set of measurement and analysis tools used to monitor project results and deliverables. It determines if results and deliverables comply with quality standards and seeks to discover the root causes of quality issues.
  35. Quick ship
    A method used by furniture suppliers to produce and ship products from the factory soon after an order has been placed
  36. Raceway
    Enclosed, accessible channels within system furniture panels for communications, data, and power cabling.
  37. Raw space/Shell space
    A completed building shell or envelope often intended for subsequent tenant improvement that lacks final HVAC connections, electrical outlets, interior walls, or finish materials.
  38. Rentable area
    The gross area minus exterior walls, major vertical penetrations and interior parking spaces.
  39. Risk
    The potential for the realization of the unwanted, negative consequences of an event. It is the product of conditional probability of an event and the event outcomes.
  40. Scale drawings
    Drawings that are set to a proportional but smaller size than the actual objects being represented as defined by a supplied key or method of conversion.
  41. Schedule variance
    The amount of time that a task is over or under scheduled time.
  42. Schematic plans
    Scale drawings that include all basic design components of a space or facility such as circulation corridors, partitions, and work space areas, but omit construction details and dimensions.
  43. Scope creep
    An extension of the objective(s) of the project by external influences, resulting in undesirable and unplanned changes to a project’s time, cost, and/or quality.
  44. Scope
    The extent of work or tasks to be done to produce a project’s deliverables (products or services).
  45. Secondary circulation
    The portion of a building required for access to some subdivision of space (whether bounded by walls or not) that is not defined as primary circulation. (i.e. corridors between workstations.)
  46. Shell plan/Conceptual design plans
    Scale drawings of a building’s exterior walls and windows, permanent partitions, columns, and service functions.
  47. Shop drawings
    Drawings prepared by the contractor and/or subcontractors that show the specific proposed method for fabricating and erecting in order to achieve the end result outlined in the contract drawings.
  48. Slab to slab
    The distance between floors of a building as measured from the top of the concrete floor slab to the bottom of the concrete ceiling slab; often used to describe walls that span the entire distance.
  49. Slack/Float
    Leeway allowed for starting or ending noncritical tasks sooner or later without affecting the overall schedule.
  50. Soft costs
    Internal costs, such as salary/time of employees involved in managing the move; downtime and loss of productivity of employees being moved.
  51. Space programming
    To determine user needs for amount and configuration/ features of physical space based on user role or business unit/ department needs.
  52. Specification
    A description of the essential technical requirements for items (hardware and software), materials, and processes that includes verification criteria for determining whether the requirements are met.
  53. Stack plan
    A vertical section drawn through a building showing which organizational groups occupy which floors.
  54. Statement of requirements/Project
    requirements program
    A document that provides the interface between the customer (end user) and the people who are responsible for transforming space into a productive work environment (design professionals).
  55. Statement of Work (SOW)
    A listing of the specific tasks the supplier is to perform.
  56. Substantial completion/Practical
    completion
    A clearly defined checkpoint in the time of construction where the building or renovated space is ready for occupancy with only minor punch list items to be completed.
  57. Subtask
    A division of a task into units that are cohesive and relatively independent from the other subtasks within a given task.
  58. Success criteria
    The combination of conditions that must be met or satisfied for a project, plan, or task to be considered a success.
  59. Swing space
    Space available to temporarily house functions/departments/ units during renovation, alterations, and realignments.
  60. Systems
    A set of interrelated, interdependent elements with behavioral patterns that interact with and affect the performance and behavior of the other elements.
  61. Systems furniture
    Furniture that is modularly designed to be assembled in one or more possible configurations. Also called workstations.
  62. Activity/Task
    A function to be performed that always consumes time and may consume resources.
  63. Tenant improvement (TI) allowance/
    Tenant finish allowance
    Funds set aside by a landlord in accordance with a building standard for use by a tenant to make the space suitable for occupancy. The size of the allowance can vary by the duration of the lease.
  64. Tenant improvement (TI) building
    standards
    Standard building materials and qualities as identified by the landlord that are to be provided as part of the base rent to the tenant to improve tenant premises.
  65. Test fit
    A scale drawing showing a proposed layout of space for business units or departments to determine if the space can adequately address space requirements.
  66. Transfer
    Responding to risk by moving the financial or resource effects of a risk to a third party (e.g., contractor or insurance).
  67. Usable area
    The portion of a building or floor available for occupants. In leased space, this is the area not shared with other tenants.
  68. Value engineering
    A systematic approach to assessing and analyzing the user's requirements of a new asset, and ensuring that those requirements are met, but not exceeded.
  69. Warranty period
    The time period in which a promise or guarantee of quality workmanship or deliverable quality is enforceable.
  70. WBS dictionary
    A document that itemizes and describes work packages and includes details such as dependencies.
  71. Work
    The construction, equipment, and services described in the construction documents to be provided by the contractor.
  72. Work breakdown structure (WBS)
    A graphical method of dividing a project’s deliverables and work into manageable or logical subdivisions so the project scope can be defined and the required work can be understood and assigned.
  73. Work letter/Building standard work
    letter
    A document that includes building standards plus any additional items to be paid for by the landlord or by the tenant; the letter specifics who is responsible for each item.
  74. Work package
    A division of a subtask into the smallest size unit of work defined in a WBS.
  75. Workstation
    Any space, including furniture and equipment, designated for accomplishing a work function.
Author
faker1010
ID
343009
Card Set
FMP - Project Management - Part 02
Description
FMP
Updated