engleski

Managing cost and time in projects of public-use facilities by using the S-curve

The paper presents the relation between the planned duration and costs for a project of reconstructing an overage public structure to become a public facility with social purpose. The aim of the paper was development of a management model for such projects so that they could be successfully carried out in terms of cost and time. The selected example presents the methodology of time and cost relation in the project. The selected tool for connecting the mentioned project parameters is the S- curve. The S-curve is obtained through the planning process in several steps which include creation of project WBS (work breakdown structure), cost estimate and progress chart (Gantt chart). The obtained S- curve is the basis which later serves as the indicator for project performance success. Aberrations from the planned values can be detected by comparisons, monitoring and control which enables duly reaction and undertaking specific correction measures. A quick information about key trends of the project and effects of specific decisions and measures on project cost and duration is obtained. The developed model can be applied to projects of reconstructing and reallocating public structures into public facilities with social purpose with similar technical and functional characteristics such as: size of the surface, number of floors, construction type, purpose and other.

Public facility with social purpose ; Reallocation ; S-curve ; Successful project implementation

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