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Construction Terms #11

AB
Program ManagementServices provided to an owner who has more than one construction project, for the purposes of providing standardized technical and management expertise on all projects. (As approved by CMAA)
Program ScheduleA schedule that spans from the start of design to occupancy; includes the signal activities which control the progress of the project from start to finish.
Progress MeetingA meeting dedicated essentially to contractor progress during the construction phase.
Progress PaymentPartial payments on a contractor’s contract amount, periodically paid by the owner for work accomplished by the contractor to date.
Project BudgetThe target cost of the project established by the owner and agreed to be achievable by the team. The Project Budget usually includes the cost of construction and the CM fee, plus any other line-item costs (land, legal fees, interest, design fees, Cm fees, etc.) that the owner wished to have included in the budget.
Project MeetingA meeting dedicated essentially to contractor performance and progress payments, involving supervisors from contractor home offices and the team’s Level 2 and 3 Managers.
Public SectorThe domain where owners fund projects with monies that come in whole or in part from taxes
QualityThe value levels of material and equipment selected by the A/E, Conformance to the technical specifications during construction.
Quality AssuranceThe procedure established by the Project Team to inject and extract the level of quality designated by the owner.
Quality ControlThat part of the Quality Assurance procedure that determines if specified quality is attained.


Professor/Business Coordinator Mission Center
CCSF
San Francisco, CA

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