Project Management Checklist for Managing Construction Projects
Financial management, HR and procurement are core functions that every company needs. But when it comes to construction then projects are the nature of the business. Projects have a start and end date. Each project typically is unique and will not be repeated. There is no time in unique projects to plan everything in detail – the cost of detailed planning would exceed the construction cost. Construction work is exposed to weather, workers are hired for the job and sub-contractors and their site managers often unknown.
Construction projects therefore have a lot of “unknowns” and carry a lot of risk. Contingencies will be added to the bid but there are limits set by the competition. Special contract forms can pass some risks to the client. But the typical construction project includes risk in cost, quantities and even scope.
Software solutions cannot eliminate these risks. But they provide the tools for proper project management. And today these tools are quite sophisticated. But if the data input is inaccurate or the tools are used improperly then the results are wrong. To help get you off to a good start, we recommend you start with our Project Setup Guide, which will help you establish a solid project environment.
Learn more about some of the key techniques we implement to manage construction projects.