Once you’ve decided on a project, it’s time for the creative juices to start flowing. Analytics provides decision-makers with an objective perspective on the proposed project, while wide-ranging input from team members can help identify potential issues that might otherwise pass unnoticed. To answer these and other relevant questions, use a combination of insights from robust data analysis and feedback from the key stakeholders on your team.
You can use these practices, and others, to answer key questions about the project: Feasibility studies, capital budgeting, pro-con lists, and extensive input from stakeholders are staples of this stage. Halting projects after they’ve begun is costly, and the further they progress, the greater the potential losses become. Planning and Developmentĭetermining whether to pursue a project is the first and most important part of the construction process. Understanding the five major stages of construction projects is a must for successfully managing them. What are the 5 Stages of Construction Projects? By centralizing information and streamlining communication, the project manager enables efficient processes that otherwise wouldn’t be possible. They assess risks in real time and keep stakeholders informed. They’re responsible for maintaining a tight schedule, staying within budget, allocating resources, avoiding scope creep, and ensuring quality. The project manager’s goal is to ensure the entire construction process goes smoothly and according to plan. The role of project manager may be filled by a contractor, an owner who handles projects in-house, or even a dedicated construction manager. None are as critical to the process, however, as the project manager.
Who’s Responsible for Construction Project Management?Ĭonstruction project management involves team members from financial planners and C-suite executives to contractors, engineers, on-the-ground crew members, and others. Project managers interact with all team members involved in a construction project, from architects to owners to contractors. Construction project management is a complex discipline that requires addressing many important concerns, including cost control, scheduling, procurement, and risk assessment. It’s a holistic practice with the goal of delivering projects on time and under budget. Construction project management involves directing and organizing each part of the project life cycle, from ideation to completion.
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