A construction project is plagued with various risks and uncertainty due to its complex and dynamic nature. Risk management is the main consideration of a project manager, and thus the quality of risk decisions plays a critical role during the implementation of construction projects.
The purpose of project management is to foresee or predict as many dangers and problems as possible; and to plan, organise and control activities so that the project is completed as successfully as possible in spite of all the risks.
A good project manager is the glue that holds a project together and ensures quality and objectives are met on time and on budget. They apply proven methodologies and uses current software tools so you can plan, control, and monitor people, processes, and other components needed to make your project a success. According to the Project Management Institute (PMI), organizations that undervalue project management report an average of 50% or more of their projects failing outright. Fifty percent. Can you afford NOT to have a project manager?
Small businesses don’t need a complex methodology when it comes to managing a project, but they benefit from a designated project manager. When projects are managed properly, profits increase and businesses can grow. A project manager increases the likelihood a project will be successful and profitable.
Traditional project practitioners are constantly balancing between the six controls of time, cost, benefits, risk, scope and quality - within defined and agreed tolerances. Executive teams can make the mistake of overlooking project management needs to make the costs fit the budget or poor assumptions about the project’s complexity. Underestimating the amount of project management required to deliver a project is a critical mistake.
The construction project manager must ensure the requirements of completion on time, within budget and required quality standards along with assessing the risks and make wise decisions knowing that rarely are all the factors known. Without an experienced project manager to stay as point person, the individual teams or contractors may make decisions on their own that unknowingly jeopardises the project.
If you wish to discuss your project ideas with us please email [email protected] and we can organise a phone consultation which may then lead to a meeting with our head project manager if that's the outcome of the consultation.