ARE 5.0 Project Management Questions and Answers | Latest Updated Graded A+

Project Management - Includes project planning, scheduling, monitoring, coordinating and directing, updating documentation, closing out the job, and following up with clients. Partnering - Various stakeholders in a project (such as the architect, owner, contractor and vendors) all participate in the decision-making process. Bar Chart - Method commonly used for scheduling design and construction projects. Tasks are listed in chronological order on vertical access and time period is listed on horizontal axis. (Aka Gantt Chart) Dependency - The relationship between a task that must be completed before another can start. Critical Path Method (CPM) - Common scheduling tool that graphically depicts all the tasks needed to complete a project, the sequence in which tasks must occur, and each task's duration. Float - The maximum length of time a noncritical task can be delayed or extended before it causes a delay. Work Plan - A detailed project schedule, breaking the project down into its component tasks and assigning staff members and other resources to each task. (Aka Fee projection)