It is very important to get the right combination of multidisciplines in the project. A strong, cohesive and collaborative team can help you innovate, reduce waste, increase value for money and ensure quality. To ensure that the project is completed on time, within budget and to the required quality standards.
Project Management Processes:
•Initiation: Defining and authorizing the project.
•Planning: Defining project objectives, scope, schedule, and costs.
•Execution: Implementing the plans and directing the project team.
•Monitoring and Controlling: Tracking project performance, managing risks, and making necessary adjustments.
•Closing: Finalizing the project and delivering the results.
“Qualified project management”, which is the main goal of project management, adds value to the construction process with a practical approach and strong guidance.
This objective is closely related to the concept of the project management triangle or iron triangle, which highlights three key constraints:
1.Time: Completing the project within the specified timeline.
2.Budget: Staying within the allocated financial resources.
3.Scope/Quality: Delivering project outcomes that meet the required features and standards.
These three elements are interdependent; a change in one can impact the others. For example, shortening the timeline might increase costs or compromise quality. Therefore, it’s crucial for the project manager to adopt a balanced approach.