Project Management in Construction .pptx

contract

1. Project Management in Construction Project management is a crucial aspect of the construction industry, ensuring successful completion of projects within budget, time, and quality constraints.

2. What is a Project? Definition A temporary endeavor undertaken to create a unique product, service, or result. Characteristics Unique Deliverables: Product, service, result. Temporary Nature : Defined beginning and end. Progressive Elaboration: Detailed over time. Resource Constraints : Limited by scope, time, and cost.

3. Reasons for Project Initiation in Construction 1 Meet Regulatory Requirements Compliance with new laws or regulations. Example: Building codes, safety standards. 2 Stakeholder Requests Client needs, community demands. Example: New housing developments, public infrastructure. 3 Business Strategy Implementation Expanding market presence, technological upgrades. Example: Smart building technologies, sustainable construction. 4 Product Improvement Enhancing or upgrading existing structures. Example: Renovations, retrofitting buildings for energy efficiency.

4. What is Project Management? Definition The application of knowledge, skills, tools, and techniques to project activities to meet project requirements. Key Components Processes: Initiating, planning, executing, monitoring, controlling, and closing. Tools & Techniques : Used to manage project scope, time, cost, quality, resources, communication, risk, procurement, and stakeholder engagement.

5. Importance of Project Management Strategic Benefits Ties project results to business goals. Competes more effectively in the market. Sustains the organization. Responds to business environment changes. Operational Benefits Meets business objectives. Satisfies stakeholder expectations. Increases chances of success. Delivers the right products at the right time. Manages constraints and changes effectively.

6. Reasons for Project Failures 1 Missed Deadlines Delays in project completion. 2 Cost Overruns Exceeding budget. 3 Poor Quality Substandard deliverables. 4 Uncontrolled Expansion Scope creep. 5 Rework Need for corrections and modifications. 6 Loss of Reputation Damage to the organization’s standing. 7 Unsatisfied Stakeholders Failure to meet stakeholder expectations. 8 Failure to Achieve Objectives Incomplete or unsuccessful outcomes.

7. Main Stages in the Project Lifecycle 1 Initiation Define project goals and objectives. Identify stakeholders and project scope. 2 Planning Develop detailed project plan. Allocate resources and budget. 3 Execution Implement project plan. Coordinate people and resources. 4 Monitoring & Controlling Track project progress. Make adjustments to project plan. 5 Closing Finalize all project activities. Obtain acceptance of deliverables. Conduct post-project evaluation.