logo
logo
Sign in

The Role of Construction Management Companies

avatar
DG Jones & Partners

The secret behind successful construction firms is persuasive construction management. To make it possible, businesses need to ensure they’re following the best practices for handling the core functions of construction management company.


For instance, a construction firm paying attention to the safety management function will see cascading benefits. Owing to safe working conditions, employee productivity will increase, leading to the timely fulfillment of projects. Further, the firm will avoid worker injury and fatality costs, which can be $1,150,000 per fatality, and potential fines from regulatory bodies for safety negligence.


Role 1. The best construction consulting firms are interested in creating a project plan and implementing it effectively. For a business, this means utilizing the proper project management processes and technological solutions to design project costs and track team performance.


Role 2. Cost management: The planning, monitoring, and reporting of costs over the course of a project's life cycle is known as cost management. For businesses, this involves having the appropriate procedures and equipment that can assist in both initial budget formulation and ongoing cost tracking to avoid overruns.


Role 3: Time management: Time management is the procedure of planning and scheduling tasks and activities to complete deadlines and ensure profitability. For businesses, this means managing employees (delegating assignments, training, and holding meetings), managing projects (resource allocation), and finally, managing priorities (risk management).


Role 4:  Quality management: Quality management ensures that a project commences as per specific quality metrics and completes to the client’s satisfaction. For businesses, this means establishing quality assurance and control processes.


Role 5: Contract Administration: The process through which a business complies with legal obligations with various stakeholders, including clients, architects, subcontractors, and suppliers, is known as construction contract administration.


Role 6: Safety management: The collection of practices used to maintain worker and construction site safety is known as safety management. This requires companies to detect possible risks at construction sites, train staff on best safety practices, and ensure adherence to government safety standards.


Construction companies that successfully manage these six roles will succeed. DG Jones and Partners provide a comprehensive suite of integrated services from the strategic definition, design, and construction to handover and in-use management from the beginning to the end of the built asset lifecycle. It is also a management training academy

 

Originally published at: https://penzu.com/public/176eeb1c

collect
0
avatar
DG Jones & Partners
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more