Managing a construction project helps the project manager to understand different activities and methods of construction project management. This, therefore, requires the manager to be competent and open minded to supervise the entire project and work with the right team towards the common goal. Are you wondering how to manage a construction project? If yes, you have come to the right place as we will the different phases you need to familiarize yourself with for a successful construction project.
Construction Project Management (CPM) Explained
Before looking at different phases of a construction project, let us understand what a construction project is. In simple terms, CPM is the process of managing a construction project. In other words, it entails all the activities in the construction project such as direction, regulation, and supervision from development to completion. The objective of a CMP is to meet the expectation of a client financially and functionality. There are different types of construction project types such as residential, commercial, and industrial.
Phases of a Project Management
1. Project Initiation
First things first, there is no need of starting a project you aren’t sure you’ll finish it. Therefore, the first project management stage is to determine the feasibility of the project. This is done by examining a business case (feasibility study) and determining if you have everything you need such as goals, budget, and timeline to complete the project. You then create a project charter that enables you to initiate the project.
2. Planning Phase
After getting the approval, you plan everything you need to complete the project. This entails tasks, resources and manpower. You are supposed to be transparent during the planning phase so that everyone can understand what to be done throughout the project lifecycle. Therefore, you indicate the scope to use, cost, how long the project will take, the most effective communication channel to use and the team to work with.
3. Execution Phase
In this phase, the project management plan is launched. Besides executing the project, tracking the performance of the project is done in this phase too. The project team tracks the project to ensure that everything is done as intended, and make changes where necessary. The project manager focuses more on monitoring the project to ensure that everything runs as intended.
4. Closing Phase
This is the final phase of project management where the project manager examines what went as planned and what failed. Thereafter, the project team is expected to compile the project report indicating the final budget and giving important information such as any unfinished tasks. The report is very important and together with potential failure analysis, it gives feedback for future construction projects.
The Legal Aspect of Construction Project Management
• Parties such as contractors, purchaser, consultants, etc
Putting together a construction project is not always a walk in the park; it requires time and effort. However, there is a solution to everything and if you’re intending to start a construction project any time soon, the above phases are crucial to follow as they will ensure you know how to manage a construction project.