One of the industries with the highest levels of competition is construction, which is affected by many shifting market dynamics. Construction businesses’ ability to make a profit and the completion of particular projects both rely mainly on effective planning, management, resource allocation, and execution.
Construction process management (CPM) is crucial in the construction process to minimize delays, increase productivity, guarantee a project stays under budget, enhance communication, ensure quality control, increase safety, foster a culture of teamwork, and increase business resilience.
What is construction project management?
The process of organizing, coordinating, and carrying out a construction project is called CPM. The following factors should be considered for effective construction management: time, cost, resources, safety, project scope, and quality.
Construction management’s primary objective is to ensure the project is finished within the owner’s planned budget, scope, and functioning parameters. Additionally, the process spans many duties and extends to numerous industries, including construction, engineering, legal, and more.
All construction projects, including residential, commercial, institutional, environmental, civil, industrial, and agricultural, must follow CPM.
Key principles of construction management
CPM involve a lot of driving principles, and the fundamental principles are explained below.
Conception
Every construction project begins with an idea, which CPM brings to life. The ability to finish a project within the restrictions of time, budget, and goals is determined by feasibility. The management can use this information to identify the construction project’s biggest challenges.
Business analysts can occasionally assist managers in identifying issues. The managers can discuss the concept’s merits and potential for implementation.
Planning
The manager organizes tasks within the timeframe and finds the required resources using the next crucial principle, planning. Everyone must understand the project’s concept and the critical steps in the construction process.
Adequate planning will reduce budget concerns early on in the project. Planning must also consider every element mentioned during conceptualization, such as price, scope, and duration.
Additionally, this procedure enables the project managers to identify applicants and hire the project’s essential actors at various points.
Execution
When the planning is finished, it’s time to begin the building process. The project manager does not need to be on-site to oversee work because every task is assigned. They can adjust to the changes and base their decisions on the information. The managers can have meetings and create reports once the project is begun to control the workload.
5 stages of construction project management
The discussed key principles work well with the five stages of project management.
Stage 1: Planning
The project manager meticulously plans every aspect of this stage, including creating overviews, gathering information, putting together a team, deciding on a budget, estimating, setting goals, and assigning locations.
Stage 2: Design
Project managers are now creating detailed strategies and setting up schedules. They discuss goals and their viability with other partners before making a decision. The floor plan is often created using materials and sketches. Additionally, this phase contains a site plan that aids in identifying the project’s equipment needs and costs.
Stage 3: Project launch
Executing the project begins once the plan and design are complete. The management team must check to see if the job is proceeding according to schedule. After launching, the team must make necessary changes and inform the clients of those changes.
Stage 4: Monitoring
Once construction has begun, the project management team should keep an eye on the clients’ development and performance to ensure everything is proceeding according to schedule. You can verify your project’s goals by going over your KPIs again.
Stage 5: Project closing
The project management team can verify any outstanding work to see if it needs to be finished before handing it over to the clients. The team must complete any unfinished contractual agreements, archive all construction documentation, review the final budget, and create a report on the project’s success.
From the project’s inception till completion, construction management is involved. Utilizing CPM software can help you complete all tasks more quickly and easily, simplifying the management team’s work.