List of the topic your should familiar with:-
The above topic will be asked in either in Section A and Section B. Normally section A is an objective questions and section B is subjective questions. Please read my lecture note or other. related notes.
1.0 Introduction to VM
- Define VM
- Describe the concept of VM
- State comparison between VM and Traditional Method
- Explain the benefits of VM to construction industry
- Explain the challenges of implementing VM in construction industry.
- Describe the concept of Pareto's Law (80: 20)
- Explain the Pareto Law in construction project. (give example)
- Explain VM job plan
2.0 Activities involved in VM
- State the number of activities involved in VM (5 activities)
- Explain each of the activities involved by phase
- Describe Function Analysis
- Describe FAST Diagramming
- Describe evaluation criteria and prosedure in Evaluation Phase
- Calculation in Function Analysis (be familiar with table and contents)
3.0 Life Cycle Costing (LCC)
- Define LCC
- Describe the concept of LCC
- Describe the relationship between LCC and VM
- State the element of LCC cost
- Explain the importance of the LCC
The above topic will be asked in either in Section A and Section B. Normally section A is an objective questions and section B is subjective questions. Please read my lecture note or other. related notes.
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