The scope and benefits of project management in the construction industry

Find out what project management in construction looks like and the benefits it provides to the various stakeholders involved in large-scale construction projects.

What is project management in construction?

Project management is important, regardless of its scale, to ensure that every step of a construction project is optimised to achieve specific goals and objectives without exceeding the budget, missing deadlines or compromising the quality of project deliverables.

Efficient project management enables an effective and data-backed decision-making process for allocating manpower, materials, equipment and time at every stage of the construction project.

But that’s not all. Project management in construction offers many other benefits to all stakeholders involved.

Benefits of project management in the construction industry

Better risk mitigation

Better risk mitigation

With proper project planning, potential issues or shortcomings that could arise during a construction project can be detected and resolved early on with mitigation strategies. This minimises project delays as issues are tackled efficiently and effectively by coming up with new strategies and solutions. 

Improved cost control

Budget is an important factor to consider in any project. Effective project management allows project managers to see the bigger picture and make budget allocations to complete the project without exhausting the project budget. Project management also helps project teams identify cost-saving opportunities.

Improved cost control
Timely completion

Timely completion

Project management gives a reasonable timeframe to optimise project action tasks and scheduling to ensure on-time completion of a construction project. Project management in construction allows project managers to set deadlines for each stage of the project to make it easier to track and monitor progress.

Better quality assurance

By implementing set project management control measures, project managers can ensure the deliverables provided meet the required standards and specifications of their clients. This prevents costly reworks and also keeps clients satisfied with the final outcome of the project by exceeding their expectations.

Better quality assurance

Enhance your construction project management capabitles with Compass Consult

At Compass Consult, we offer expert-led project management consultancy services, project management training, and implementation support for leading construction program management such as Primavera P6. 

Our services are tailored to the specific needs of each project and organisations and we’re committed to supporting you to achieve tangible project outcomes, regardless of the scale of your construction project. 

Get in touch with us today and improve your project team's project management capabilities.

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Frequently Asked Questions

What is project management in construction?

Construction project management involves a systematic approach to planning, executing, managing, and completing a construction project without any hiccups.

What are the key phases in construction project management?

This typically involves initiation, planning, design and pre-construction, construction, monitoring and control, and project completion.

How do project managers handle any changes in a construction project?

They will examine the impact of these changes on the project’s scope, schedule and budget. They will also furnish their clients with proper documentation of these changes.

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