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Commercial Project Management: An Introduction

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Project management is an essential facet of commercial construction. Whether small or large, construction projects can be complex and require a great deal of planning and organisation to be completed successfully. Often, many different contractors are involved in a construction project. The project manager's job is to ensure that these individuals work together smoothly and that the project is completed within budget and within the right timeframe.

Project planning

One of the most important aspects of project management is creating a detailed plan for the project. This plan should include a timeline for each phase of the project and a budget. The project manager will need to keep track of both the budget and the schedule and make adjustments to ensure that the project stays on track.

Communication

Another essential part of project management is communication. The project manager must keep all of the contractors and professionals involved in the project informed of updates and changes and ensure that everyone is working towards the same goal. Effective communication is key to avoiding misunderstandings or conflicts that could delay the project.

Monitoring milestones

To make sure the construction project is moving along on schedule, the project manager should monitor key milestones and make sure that they are being met. If not, adjustments will need to be made in order to stay on track.

Allocating resources

The project manager needs to determine what resources are available and how much each contractor will contribute. For example, one vendor might be responsible for the excavation while another handles the concrete work. The budget should also be allocated according to the number of resources required by each aspect of the job.

Handing off responsibility

As the construction process progresses, the project manager may need to change the contractors that are responsible for certain parts of the job. The project manager will monitor the tasks being completed by each contractor so that there are no gaps in coverage. If necessary, additional contracts can be awarded to fill any outstanding needs.

Closeout

The final step in a construction project is a closeout. This involves completing final paperwork, finalising payments and ensuring that the site is cleaned up and ready for use. The project manager works to check to make sure that everything is done properly and that the project is officially finished.

If you would like to find out more information, contact a commercial project management service. 


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