Before the foundations are laid, the foundation of a building project is project management. Project management is essential to the smooth delivery of a construction project. It’s a professional service that covers everything from planning each step of the execution, to coordinating teams and mediating with the client, to budgeting and risk management. A project manager is responsible for the final result and everything that leads to its completion.
A good project manager will bring various crucial skills and capabilities to be the cement that binds the various teams together. By ensuring that all these functional connections operate in harmony, the project manager is essential to ensuring that the build is delivered on budget and on time. Here, we’ll run through their key functions and advantages, demonstrating why you can’t do without one.
The key functions of a project manager
It almost goes without saying, but the project manager is responsible for planning the entire build. Any building or structure requires various teams and stakeholders, and the project manager will ensure these parties work well together. The project manager will draw up a plan before the ground is even broken to make sure these interactions are seamless.
For example, the project manager will play a key role in brokering contracts. Contract management is where business requirements meet legal requirements, ensuring the multiple stakeholders know the obligations and expectations. This feeds into safety and quality management, which ensure that the project begins with predefined parameters and metrics and ensures the client’s expectations are met in line with legal requirements.
With these plans, contracts and measures in place, the project manager can ensure the project is delivered on time and within budget. Spending time wisely and efficiently is a vital skill in the administration of building projects and is one of the main functions of the project manager. After all, time is something you can’t get back once you lose it, and as the old saying goes, time is money.
The value a project manager brings
In short, the project manager makes sure everything is delivered on time and within budget. This is essential to ensuring the build is a lucrative enterprise for all stakeholders. They’ll do this by mapping the timeline and identifying any possible obstacles or pressure points. This is crucial to having a proactive rather than reactive approach to the build. With a plan in place, these bumps in the road can be smoothed out as much as possible.
The project manager will also ensure that resources are well managed. Although these principles are closely associated with cost control, they deserve their own mention. Inventory, equipment and expertise are essential to delivery and they need to be managed. The project manager will ensure any output matches with initial budgeting and monitor and analyse the numbers and materials on an ongoing basis. This will ensure that the maximum amount of value is extracted from the resources available.
Work better together
Teamwork can be challenging. But with a project manager monitoring all the teams and managing the variables, the project can be as efficient as possible. By eliminating collaborative complexities, enhancing transparency and ensuring accountability, a construction project can run like a well-oiled machine.
This planning also has key advantages later down the line. With clear records of the project plan and the outcomes, you can refer back and learn. This means you can make better business decisions in the future and make preemptive action even more effective. Ultimately, the project manager injects value into the project at hand and keeps on giving into the future – so make sure you have one on board from the outset.