Importance Of Project Management In Construction Industry

by XAMTA INFOTECH Construction Industry February 14, 2022

Construction projects, even for seasoned builders with years of experience in the industry, can be time-consuming, expensive, and challenging. From finalizing workable designs and coordinating with numerous suppliers and contractors to making crucial decisions at every stage of execution, delivering end results as expected becomes a formidable task for construction professionals.

Early investments in planning, strategizing, programming, and execution pay off by avoiding many commonly made errors and blunders that occur during the course of a project. Although this might seem straightforward from a distance, it requires a level of involvement and expertise to execute successfully.

That's why construction projects today, unlike in the past, are approached differently, with each step strategically managed and planned.

So, what is Construction Project Management?

As defined by Wikipedia, Construction Management is a professional service that utilizes specialized project management techniques to oversee the planning, design, and construction of a project from its beginning to its end.

The role of Construction Management is to control a project's time/delivery, cost, and quality—commonly known as a project management triangle or triple constraints.

Effective construction project management involves keeping the triple constraints in check, delivering on time, keeping budgets under control, and monitoring progress while ensuring quality control.

Why is there a need for construction project management in India?

• The construction industry is the second-largest employer and contributor to the nation's economy.
• It is one of the most diverse and unorganized sectors in development.
• There is a rising demand for skilled professionals in the industry.
• India is one of the most infrastructure-invested countries, allocating 2 Trillion Rupees in smart and AMRUT cities.

Importance Of Construction Project Managers In Companies

1. Leadership

   Construction management introduces leadership and direction to projects. Just as every project needs a manager to oversee the functions of a business, construction projects require a manager to carry the vision, provide motivation, address roadblocks, coach and inspire the team. Project managers serve the team, communicate with management, and take responsibility for the entire process.

2. Project Planning

   Project planning plays a crucial role in construction. A well-thought-out plan and strategy can help overcome overheads, reduce required budgets, achieve timely deliveries, and maintain high-quality standards. Project managers negotiate reasonable and achievable deadlines/milestones across all stakeholders—staff, vendors, management, etc.

3. Quality Control with the help of Odoo Construction Management software

   One of the most critical aspects of successful project completion is maintaining high-quality standards. Often, stakeholders in a project are under immense pressure to complete, leading to potential rush decisions. A construction manager turns the tide by achieving ROI while inspecting and controlling the safety and quality measures required.

4. Risk Management

   Risk management is crucial in a construction project. Responsible managers oversee all processes, analyze potential risks, quantify them, develop mitigation plans, and prepare contingency plans if needed. A construction manager is expected to take on all the risks, respond to challenges while keeping the team informed.

5. Subject Matter Expertise

   Project managers are trained with expertise revolving around construction and all its influencing factors. They bring their experience into each project, taking charge of all the intricate operations and task management. They also facilitate intelligent and informed conversations with all stakeholders, from management to vendors involved in the project.

Project management has become a critical aspect of how construction projects are executed today. The general management of business and industrial enterprises takes on a broader perspective with greater continuity of operations in construction.

Given that the management of construction requires a level of expertise and focus on factors influencing a construction project, hiring construction managers for the process becomes imperative.