What is construction project management (CPM)?
Simply put, construction project management is a method of effectively managing and maintaining an ongoing construction project, whether it is constructing a new building, road, bridge, sewage system, etc. This method also includes the management of various subcontractors and suppliers as well as ensuring timely delivery and on time work. The main aim for CPMS is to minimize costs and manage project based on the best available technology and by adhering to a schedule.
There are many factors which determine the type of construction project management needed for a particular task. One such factor is the warranty period for a particular supplier or subcontractor. For example, a road project may require different CPMS tools and strategies to that of a sewer system. Similarly, different types of equipment may be required for different tasks. An example is that a bulldozer is not needed to clear an airport runway. Therefore, when choosing a CPM strategy for a specific project, the decision should take into account the warranty period of the particular company or individual supplier.
By choosing a comprehensive CPM package, the project manager will be able to monitor
All aspects of the project and ensure that it meets deadlines and budgets. Using modern day project management software, these tasks can be managed within a few clicks and the results shown in real-time. Many CPMS packages have built-in reporting facilities, which include graphs, pie charts, conditional or fixed price forecasts, cost overrun estimations, and more. Thus, using a comprehensive CPM package will allow you to create project plans and monitor all aspects of the project manager’s responsibility.
There are a few important components, which make up a complete CPM package. Some of the most commonly used components are: project planning, contract administration, contract management and financing. Although these are the most important, they do not address all the aspects of construction projects. Some of the other more important components which are also useful are: human resource, safety, environmental, legal and project administration. The combination of these key elements will provide CPMS with the data it needs to make sound decisions for each project.
the important details that should be considered before choosing a CPM solution
In addition to these elements, it is important to select a company that has a solid reputation and is capable of delivering a high-end CPM solution to meet your individual needs. It is important that the company that you hire understands your industry and the type of construction projects that you need help with. Also, ensure that the project management system provided by the company is compatible with the type of computer systems used by all of the stakeholders in your organization.
Although most companies offer CPM services, not all of them are able to deliver. Therefore, it is important that you only choose a CPM company that can show you proof of their abilities and prove their worth by providing a demo on how well they can integrate your project management software with your unique business process. This will ensure that you get the best value for money from your construction projects. Remember, that you should only choose a CPM solution that has been proven to work effectively on all types of construction projects.