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Discover how a construction project management consultant can help you navigate common construction management challenges and boost the success of your projects.
It’s not a secret that construction project management is a complex and multifaceted discipline that requires a deep understanding of various aspects of the construction process.
This is why, unsurprisingly, 98% of construction projects go over budget, and 77% endure delays—according to a study by McKinsey.
How can these issues be addressed? This is a common question facing a lot of project teams and managers, and we believe that the answer lies in construction project management consultancy services.
When you think about key requirements that need to be met for a successful project to be successful, good communication ranks near the very top. After all, poor communication is the reason why projects fail nearly 33% of the time, according to the Project Management Institute. Some of the leading reasons for poor communication include siloed teams, lack of clear protocols, and ineffective project management software causing communication breakdowns between teams.
A construction program management consultancy can help overcome this challenge by helping project teams create and implement clear communication protocols and integrate various business information systems to ensure a seamless flow of information and decision-making.
Construction projects are inherently risky, and project managers must be able to identify and mitigate potential risks to ensure success. Unfortunately, less than 31% of organizations have a formal risk management process in place. This means that there are no reliable processes to identify and address potential project risks.
Construction project management teams can minimize and even eliminate this problem by developing a comprehensive risk management plan that includes risk identification, assessment, and mitigation strategies; they can also leverage data analytics and forecasting tools to proactively identify and address potential risks—all of which can be facilitated by a construction program management consultancy.
As we’ve already mentioned, a vast majority of projects—98% to be precise—go way over budget. In fact, large projects often go 80% over budget. There are multiple reasons for budget overruns, such as changes in designs, material price escalations, and unrealistic estimates—but the chief driver of costs is a lack of proper cost control processes in project management.
This is where construction companies can leverage the expertise of construction program management consultants to optimize planning and scheduling practices and access guidance on cost estimation. In addition, these consultants can help set up and train teams on using project cost control software to track and control costs, helping to mitigate the risk of budget overruns.
The construction industry faces a skilled labor shortage, impacting project timelines and quality. According to the Associated General Contractors of America, 91% of construction firms reported difficulty finding qualified labor in 2022. This shortage not only delays projects but also increases costs and compromises quality. One of the better ways to address this issue is by improving resource utilization.
Construction program management consultancies play a crucial role in this regard. They help clients invest in training and development programs to upskill existing project staff, arming them with the knowledge they need to identify and capitalize on resource optimization opportunities. This also reduces resource wastage, reducing costs.
Our team of experienced professionals excels in guiding project teams through the complexities of construction project management. We specialize in modern project management tools and techniques to track and improve project performance. Additionally, we provide comprehensive support for implementing Primavera P6 project management software, offering expert consultations and conducting targeted training sessions.
Contact Compass Consult today to benefit from our expertise and overcome common construction management challenges.
“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."
To manage project delays, a consultancy analyzes the root causes and develops a recovery plan. This may involve adjusting schedules, reallocating resources, or modifying workflows. They maintain clear communication with stakeholders and use project management software to track progress and make real-time adjustments, aiming to minimize delay impacts and keep the project on track.
Construction project management consultancies ensure compliance by staying updated with industry standards, conducting regular audits, and providing compliance training. They maintain detailed records and perform inspections to identify and address non-compliance issues promptly. This proactive approach helps avoid legal issues, fines, and project delays, ensuring a smooth and lawful construction process.
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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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