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  2. Takt time - Wikipedia

    en.wikipedia.org/wiki/Takt_time

    Takt time, or simply takt, is a manufacturing term to describe the required product assembly duration that is needed to match the demand.Often confused with cycle time, takt time is a tool used to design work and it measures the average time interval between the start of production of one unit and the start of production of the next unit when items are produced sequentially.

  3. Submittals (construction) - Wikipedia

    en.wikipedia.org/wiki/Submittals_(construction)

    The construction documents, specifically the technical specifications, require the contractor to submit product data, samples, and shop drawings to the architect and engineer for approval. This is one of the first steps that is taken by the contractor after execution of the construction contract and issuance of the "Notice to Proceed".

  4. Work breakdown structure - Wikipedia

    en.wikipedia.org/wiki/Work_breakdown_structure

    [citation needed] It is a preferred practice that the Statement of work or other contract descriptive include the same section terms and hierarchical structure as the WBS. A practical example of the WBS coding scheme is [23] 1.0 Aircraft System. 1.1 Air Vehicle 1.1.1 Airframe 1.1.1.1 Airframe Integration, Assembly, Test, and Checkout 1.1.1.2 ...

  5. Construction - Wikipedia

    en.wikipedia.org/wiki/Construction

    A contract is the exchange of a set of obligations between two or more parties, and provides structures to manage issues. For example, construction delays can be costly, so construction contracts set out clear expectations and clear paths to manage delays. Poorly drafted contracts can lead to confusion and costly disputes.

  6. Shop drawing - Wikipedia

    en.wikipedia.org/wiki/Shop_drawing

    Shop drawings are produced by contractors and suppliers under their contract with the owner. The shop drawing is the manufacturer’s or the contractor’s drawn version of information shown in the construction documents. [ 1] The shop drawing normally shows more detail than the construction documents. It is drawn to explain the fabrication and ...

  7. Cost estimate - Wikipedia

    en.wikipedia.org/wiki/Cost_estimate

    A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.

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