Construction Management Capstone
A complete construction management plan for one building, followed through a contractor's capstone team pursuing a two-part municipal fire station in Colorado under AIA A101-2017 and A201-2017: project selection and the bid or no-bid decision; scope statement and work breakdown structure; delivery method, contract terms, subcontract packages and long-lead procurement; quantity takeoff; estimate and bid with leveled subcontractor quotes, general conditions and markups; a CPM schedule with float, critical path and time contingency; control budget, cash flow with retainage and earned value; site logistics by phase; a project-specific safety plan; quality, commissioning and closeout; a risk register with Monte Carlo contingency; and the final report and presentation.
CON-499 Year 4 3 credits 12 lessons · 4 h 12 min
Offered by HSM University · Construction Management
This is the American version of this course. See the Canadian version.
What you'll learn
- Select a suitable capstone project, make a reasoned bid or no-bid assessment and organize a team with a written charter, roles and standards.
- Write a scope statement, a responsibility table for items that cross between parties and a work breakdown structure that satisfies the 100 % rule.
- Explain the owner's choice of delivery method, review the contract's key commercial terms and plan subcontract packages, prequalification and long-lead procurement.
- Prepare a quantity takeoff with stated units, conventions and waste factors, and check it with ratios, independent measurement and subcontractor quantities.
- Build a complete estimate and bid from loaded labor rates, general conditions, leveled subcontractor quotes, contingency and markups, and check it against benchmarks.
- Develop a CPM schedule with defensible durations and logic, calculate float and the critical path, and write a basis of schedule with visible time contingency.
- Turn the estimate into a control budget and cost-loaded schedule, model cash flow with retainage, and plan cost control using earned value.
- Prepare phase-by-phase site logistics plans covering access, deliveries, cranes, temporary services, neighbors, erosion control and winter work.
- Write a project-specific site safety plan that identifies serious hazards, applies the hierarchy of controls and manages subcontractors, emergencies and leading indicators.
- Plan quality, commissioning and closeout, including an inspection and test plan, mock-ups, integrated systems testing, training and handover.
- Build a risk register with contract allocation, responses and owners, and set cost and time contingencies using quantitative analysis such as Monte Carlo simulation.
- Produce a consistent final report with an executive summary and clear figures, and deliver and defend a rehearsed presentation of the plan.
Course content
12 lessons · 4 h 12 min total · final exam
- 1 The capstone brief and choosing your project 21 min · quiz
- 2 Scope, work breakdown structure and constraints 23 min · quiz
- 3 Delivery method, procurement and contract strategy 20 min · quiz
- 4 Quantity takeoff for the capstone building 20 min · quiz
- 5 The estimate and the bid 20 min · quiz
- 6 The CPM schedule 23 min · quiz
- 7 Cash flow, budget and cost control plan 20 min · quiz
- 8 Site logistics plan 21 min · quiz
- 9 Site safety plan 20 min · quiz
- 10 Quality, commissioning and closeout plan 21 min · quiz
- 11 Risk register and contingency 23 min · quiz
- 12 The final report and presentation 20 min · quiz
- E Final exam 20 questions
Requirements
- CON-310 Project Cost Control and Earned Value
- CON-335 Trade Coordination and Short-Interval Planning
Recommended background. You can start any course at any time.
Description
A complete construction management plan for one building, followed through a contractor's capstone team pursuing a two-part municipal fire station in Colorado under AIA A101-2017 and A201-2017: project selection and the bid or no-bid decision; scope statement and work breakdown structure; delivery method, contract terms, subcontract packages and long-lead procurement; quantity takeoff; estimate and bid with leveled subcontractor quotes, general conditions and markups; a CPM schedule with float, critical path and time contingency; control budget, cash flow with retainage and earned value; site logistics by phase; a project-specific safety plan; quality, commissioning and closeout; a risk register with Monte Carlo contingency; and the final report and presentation.
Part of the Construction Management stream, typically taken in year 4.