Construction Project Management I (CPM 1) Lecture Notes

These flashcards cover key concepts and definitions relevant to Construction Project Management.

Project Life Cycle

A structured, five-phase framework that guides a project from conception to completion.

Project Charter

A formal document that describes the project, including objectives, execution strategy, and stakeholders.

Stakeholders

Individuals or organizations actively involved in the project, whose interests may be affected by the project's execution or completion.

Feasibility Analysis

An assessment of the project’s viability and worth pursuing.

Predictive Projects

Traditional project management approach where scope, schedule, and cost are defined at the beginning.

Agile Projects

Project management approach emphasizing flexibility, collaboration, and the evolution of requirements during the project.

Hybrid Projects

Projects that combine structured planning of predictive approaches with the flexibility of Agile methods.

Incremental Projects

Projects that deliver the final product in functional parts, adding value through planned increments.

Lean Projects

Projects focusing on maximizing value and minimizing waste through efficient workflows.

Stakeholder Analysis

Techniques or tools used to identify and understand the needs and expectations of stakeholders.