Construction projects that run off track can cost in more ways than one. When a construction project goes over the projected time for completion, there is a monetary overrun. Delays also impact workers and the owners of the building or construction being done. Some workers have other commitments that require that a job is done on time. Building owners can also lose money by project overrun as they are unable to rent or sell the building until the project is properly completed.
A construction project manager implements a number of techniques to keep your project on track. Many of these are part of any standard project management techniques. However, a skilled project manager knows how to tweak the various process for optimum success of a construction project.
Planning
For any construction project, the planning stage sets the tone and pace for the rest of the project. There has to be clear guidelines set and roles and responsibilities assigned. A trained project manager is ideally suited to ensure that all of this is done in accordance with established standards.
Budgeting
The project manager will work with the finance manager to ensure the budget is correct. In some cases, the construction project manager may even develop he budget after discussions with all the parties.
Procurement
Te project manager on a construction project has to ensure that materials and services are purchased in a timely manner. Being responsible for the budget as well as cost monitoring, the project manager has to be integral in all spends for the project.
Program Management
This is an integral role of the construction project manager. He must ensure that schedules are developed and that workers stick to the deliveries unless there are unforeseen circumstances beyond their control. This is where project management techniques ensure that productivity is maintained. Time management is critical to keeping a construction project on target.
Cost Monitoring
One of the major issues with many construction projects is that costs can go over budget. An experienced project manager will monitor project costs so as to keep the construction within budget. If for any reason there are any changes in the cost, the project manager would have foreseen. With this foreknowledge, a change plan would be devised and an appropriation plan of action taken to manage the increased cost.
Construction project management takes away the stress of construction projects. The project manager will know what is required and ensure that matters such as insurance, permits, health and safety and governmental requirements are all met. Our project planners and construction project managers are well versed in all parts of the construction process. Give us a call at 407-316-8544 to discuss your upcoming construction plans or to discuss hiring us to manage your construction project.