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Proprac 3 - Midterm Exam
Proprac 3 - Midterm Exam
Proprac 3 - Midterm Exam
Course Code:
ARCH 30383
Subject:
PROFESSIONAL PRACTICE 3
Global practice for the 21st century
Professor:
AR. Maynard M. Muhi
Student:
Arce, Zendrick Merville B.
Date Submitted:
June 11, 2023
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
College of Architecture and Build Environment
Department of Architecture
MID-TERM EXAMINATION
Second Semester 2022-2022
Financial Mismanagement
Financial mismanagement is a critical factor in construction project
failure. Insufficient budgeting, inaccurate cost estimation, and
inadequate financial controls can lead to cash flow problems, lack of
funds for project completion, and disputes with contractors and
suppliers. Failure to secure adequate financing, improper allocation of
funds, and unexpected market fluctuations can also contribute to project
failure.
Financial Mismanagement:
It is important to note that these factors are often interconnected, and the
failure of a construction project can result from a combination of several
issues. By recognizing these potential pitfalls, stakeholders can take
proactive measures to mitigate risks, enhance project management
practices, and improve the likelihood of project success.
Value Engineering:
Risk Management:
Identify potential risks that can impact project costs and develop risk
response strategies.
Implement proactive measures to mitigate risks, such as obtaining
appropriate insurance coverage.
Continuously assess and monitor risks throughout the project
lifecycle.
Technical Expertise:
Supervising architects possess comprehensive technical knowledge and
skills in architecture, engineering principles, materials, and construction
methods. They are responsible for ensuring that the architectural design
is structurally sound, meets safety standards, and can be efficiently
implemented. They collaborate with other design professionals, such as
structural engineers and MEP (mechanical, electrical, and plumbing)
consultants, to integrate various systems into the design.
Contract Administration:
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
College of Architecture and Build Environment
Department of Architecture
Resource Management:
Construction managers are responsible for efficient resource
management. They oversee the procurement and allocation of labor,
equipment, and materials. They coordinate with subcontractors,
suppliers, and vendors, ensuring timely delivery of resources and
materials to support project milestones.
Risk Management:
Republic of the Philippines
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
College of Architecture and Build Environment
Department of Architecture
Construction Coordination:
Construction managers facilitate coordination among various project
stakeholders, including architects, engineers, contractors, and
subcontractors. They ensure effective communication channels, resolve
conflicts, and foster collaborative relationships to promote smooth
project execution. They also oversee the construction site, ensuring
compliance with safety standards, quality control measures.
conflicts, and manage change orders and claims to keep the project on
track.