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TLDR: The schedule of values is a crucial tool in the construction billing process, as it outlines the contractor's contract worth and is used continuously until the project is complete, becoming the backbone of the billing process. 00:00 💡 Construction billing process is complex due to multiple trades, materials, equipment, and other costs, with clients making progress payments on a monthly basis. 00:46 💡 The schedule of values is a breakdown of billable work tasks that determines the worth of a contractor's scope of work and is discussed with the client in the early stages of a project. 01:38 💡 The schedule of values outlines the contractor's contract worth and is used continuously until the project is complete, becoming the backbone of the billing process. 02:18 💡 The schedule of values in a contractor's requisition form includes basic project information and is used to bill the client for work done. 03:10 💰 Column b represents the total value billed, column c represents the amount billed during the period, and column d represents materials purchased but not yet installed. 04:03 💡 Materials in storage are separate from the amount being billed, as they haven't been installed yet, and their value will be subtracted from the store material column and added to the requisition when installed on site. 04:33 📊 Column e represents the total value of completed work and stored materials, while column f breaks down the percentage of completion for each item on the project. 05:21 💡 The schedule of values and requisition in construction involves calculating completed work, retainage, and payment upon project completion.
1) they lie 2) confided and shared your story to others 3) they love drama and gossip 4) manipulation Don’t share anything! Your coworkers are not your friends! If they gossip about others, they will gossip about you. Take it from a 51 year old woman that survived pharmaceutical sales for 25 years. Don’t share, don’t gossip, stay to yourself, be positive and just do your job and go home
The PM has it tougher because at the end of the day they are responsible for more - including the actions and mistakes of the Superintendent. The PM OWNS the project. The super oversees it. TL;DR the video creator went the total cop-out route and just concluded that their jobs are equally tough. Lol, weeeak!
Respectfully, you're cherry picking. "Responsible for more" is only one metric of difficulty. I've worked in this industry for 17 years and done both jobs. I'm guessing you didn't consider that I have experience in both. Try both and you may reconsider your "cop out" comment. There's a big variance in how PMs and Supers spend their days depending on company and type of project they're on. Your own experience may reflect what you've written, which is fine. Many supers say the exact same thing you did about owning vs overseeing, with the titles reversed. Food for thought.
Should I report my coworker? See, our boss was in his face and practically called him slow and fooIish. Well, he got back at her. A month prior, our boss once told us she was literally sick of raspberries, because she once threw up after eating expired raspberry pie. Well, yesterday, there was some raspberry tarts in the break room, and my coworker told her they were cherry. But then she tasted raspberry and threw up. He "innocently" claimed he thought they were cherry, and she bought it. Well, later, I saw him laughing to himself and giving himself a self-five. I think he tricked her so she would feel naus eated and embarrass herself at work. She was disrespectfuI and beIittIing to him, yes, but to do this to her? Should I tell her?
Man, tough situation. I can only give my opinion of course. Since they’ve both shown some signs of animosity towards each other, it may be best to let it play out between them for now. The feeling of doing nothing can seem like we’re being complacent, but it is the best option in some cases…
@@pmproblems Yeah, maybe you're right. And I can't lie. Outside of business and professionalism, I personally thought she de served it. Especially since the guy happens to have a learning disabiIity and she made him sound imbeciIic (unintentionally, but still rude) Oh, _man,_ was she mad when he signed up for a one-person shift. No wonder he got back at her.
One coworker was super nice, but when I denied a request, she lost her mind and threw a tantrum, threatened me. I don’t even want to be in the same room as her now.
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Are you a Project Manager or Construction Professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a Project Manager or Construction Professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a PM or professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a Project Manager or Construction Professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a PM or professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a Project Manager or Construction Professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a Project Manager or Construction Professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a PM or professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
Are you a PM or professional looking for mentorship? I now offer 30 & 60 min. 1-on-1 video coaching sessions! Click below to learn more and book a call today: rb.gy/6x062
It doesn’t matter educated you are, there is only one thing that can make you a project manager. That is you must have a complete understanding of what you are undertaking. You mate have a very good mouth but until you can completely understand what you are trying to accomplish. That is why a lot of projects fail to accomplish what they want for to accomplish
Hi sir, finally I'm writing my thoughts down here. Your channel has really inspired me. I spent a whole day going through your videos when I was preparing interviews for a site engineer role abroad, I'm soooo excited about this role. Even though it is true, I didn't realise how much this industry is worldwide saturated more importantly, how this has an effect on the everyday life of Indian engineers I grew up in India and 7 years before completed my B.TECH(CIVIL- ENGINEERING) and now I am doing normal civil engineer job in india !! This is so embraced and I feel this is a headache I still can't move abroad I am trying it. I want to encourage Indian engineering students, especially those from the Indian community and with lack of English barrier and also it being their second language, to follow their dreams to become an engineer in Abroad. Only one chance to give me I will perform definitely
Glad to hear and thanks so much for the comment! No doubt you'll find the opportunities you're looking for abroad in the very near future - I can tell you have the motivation to do it!
Good ideas. Most projects have regular meeting cycles: risk meeting, coordination meeting, site meetings, variation review meetings...good to track these and number each item per meeting, for easy reference on later correspondence. Also key items where possible to both site locations and WBS items. Makes searching for either location or WBS item able to show the whole set of matters relating.
A co worker constantly going to HR to complain that you are not doing enough work. E.g You are on a late shift and they are on earlies. They complain you left stuff for them to do in the morning. However, when you are on shift together you end up doing most of the work. I.e with kitchen porters some seem to think that all they have to do is just wash up and then go home and yet they don't clean the kitchen as well and expect others to do it for them. So when not all of the washing up gets done the night before they complain to HR that you are under performing.
