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Discover how to manage a portfolio of construction projects seamlessly by working with experts in the construction industry.
Construction projects are always rife with their own sets of challenges. Managing a portfolio of these construction projects can be tricky, as slowdowns or complications in one project could have a knock-on effect on the status and completion time of other budgets. Among the most common construction programme management challenges faced by project teams is stakeholder communication.
About 57% of construction projects fail because communication wasn’t up to standard and there was insufficient transparency on the client’s or project team’s end. Statistics show that project teams that communicate effectively may increase productivity by as much as 25%. Despite this finding, 86% of employees and executives in construction management cite a lack of effective collaboration and communication as the main cause of workplace failures.
With this in mind, how can project managers ensure that all of their projects are delivered on time and meet all client requirements, without overrunning the allocated budget, delaying projects, or compromising on the quality of deliverables?
Enlisting the help of programme management consultants can help project teams overcome the most common challenges in the construction industry and streamline the management of project portfolios.
Programme management consultants play a crucial role in identifying and assessing potential risks associated with construction projects. By conducting thorough risk assessments, they can anticipate challenges such as budget overruns, schedule delays, and safety hazards. Whether it’s analysing financial risks or anticipating external factors such as weather disruptions, consultants leverage their expertise to ensure project success.
Efficient scheduling is essential for project success in the construction industry. Programme management consultants specialise in optimising project schedules to ensure tasks are completed on time and within budget. They meticulously analyse project timelines, resource availability, and critical path activities to identify opportunities for streamlining processes and reducing delays. This can contribute to timely project delivery.
Construction projects often involve numerous stakeholders with divergent interests, leading to conflicts that can impede progress. Programme management consultants are skilled in mediating conflicts and facilitating resolution processes to maintain project momentum. Whether it’s disputes between contractors or disagreements over project scope, consultants employ effective communication strategies to find mutually beneficial solutions.
Programme management consultants utilise effective cost management techniques to ensure projects stay within budget. This may involve implementing cost-tracking systems, negotiating with vendors to obtain competitive pricing, and identifying opportunities for cost-savings without compromising on quality. They also closely monitor project expenditures, regularly reviewing budget versus actual spending to address any deviations promptly.
At Compass Consult, we are committed to helping project teams manage their project portfolio to optimise their project outcomes. By providing expert consultation support for proper planning, execution, and strategic management, we will ensure that the entire project lifecycle is carried out seamlessly and that every stakeholder is satisfied with the final outcome.
With our expert-led construction project management software implementation services, consultancy services, and your best interests at heart, we can help you manage your construction projects seamlessly, regardless of how complex your portfolio of construction projects is.
Contact Compass Consult today and get ongoing support to enhance your program management capabilities.
“I got trained for Primavera P6 PPM through Compass Consult. Honestly, the things that got me in were their competitive pricing and payment plans in offer. The thing that I highly admire about the training is that it is a very practical, hands-on training wherein you can learn while working on your own project. The trainers are highly experienced and fundamentally strong. I would strongly recommend the training to someone who needs hands-on experience in P6.”
“We got our Primavera P6 EPPM software and Installation done through Compass Consult. The solution that was given was a good fit for our company size and compliant for the types of projects that we do. One thing that I admire a lot is the customer service team who were very quick in resolving any queries we had and gave us full clarity of the process. I recommend Compass Consult to any company looking for a genuine solution to their Project Management needs.”
“We found Compass Consult through an online search and got competitive pricing from them on Primavera P6 implementation and consultancy. We found their delivery team easy to deal with and it was a smooth process overall with a great hassle-free experience. I would highly recommend working with Compass Consult for setting up your project controls systems and processes.”
"Compass has bent over backwards to meet the needs of SRG Global. They have been patient as we went through the process of reviewing and approving the equipment. Equipment was then delivered promptly to the location we requested. The project does not start until the new year, but given the excellent service thus far, I am highly confident it will not have any issues with the network connectivity setup."
"The training session led by Sam was very interactive and informative. The sessions were easy to follow despite having no previous experience with P6. I enjoyed completing all the exercises used to help teach us the software's capabilities, and props for using relatable industry examples. Thanks for a great training session!"
Programme management consultants establish clear communication channels, develop communication plans, and facilitate regular meetings and updates to ensure effective communication among project stakeholders. They promote transparency, address someone promptly, and disseminate critical information to all parties involved.
Construction programme management consultants bring extensive expertise, experience, and strategic insight to construction projects, serving as trusted advisors and problem-solvers. They help navigate challenges, mitigate risks, and drive project success, ultimately delivering optimal outcomes for clients and stakeholders.
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Compass Consult is a globally recognized project portfolio management service provider. Our team comprises experienced civil engineers, risk management experts, and project controllers with outstanding track records for delivering exceptional project planning, earned value management, cost control, and schedule control services.
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