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Glossary

Construction Management

Construction Management is a professional service that involves the planning, coordination, and control of a construction project from inception to completion

Topic: 
Construction Project Management

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What is Construction Management? Everything Construction Management explained!

Construction Management is a professional service that involves the planning, coordination, and control of a construction project from inception to completion. The goal of construction management is to ensure that the project is completed on time, within budget, and according to the specified quality standards and requirements.

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What is Construction Management?

Construction Management (CM) refers to the process of overseeing and managing a construction project to ensure its successful completion. This involves coordinating various activities, resources, and stakeholders to achieve the project objectives. Construction managers are responsible for project planning, scheduling, cost control, quality management, and safety, ensuring that all aspects of the project are executed efficiently and effectively.

About Construction Management

Construction Management encompasses a wide range of activities that are crucial for the successful execution of construction projects. These activities include project planning, resource allocation, risk management, procurement, and contract administration. Construction managers work closely with architects, engineers, contractors, and other stakeholders to coordinate efforts and maintain open lines of communication. Effective construction management ensures that projects are delivered on time, within budget, and to the desired quality standards.

CM Solutions provide Construction Management services in North America

Best Practices for Construction Management

  • Detailed Planning: Develop comprehensive project plans that outline the project scope, schedule, and budget. Effective planning helps anticipate potential issues and streamline project execution.
  • Resource Management: Optimize the allocation and utilization of resources, including labor, materials, and equipment, to ensure efficiency and minimize waste.
  • Risk Management: Identify potential risks early and develop mitigation strategies. Regularly review and update the risk management plan to address new risks as they arise.
  • Quality Control: Implement quality assurance and quality control measures to ensure that the project meets the required standards and specifications.
  • Effective Communication: Maintain open and transparent communication with all stakeholders, including project owners, contractors, and subcontractors. Regular updates and meetings are essential for aligning expectations and resolving issues.
  • Cost Control: Monitor project expenses closely to prevent cost overruns. Implement robust financial tracking systems and conduct regular budget reviews.
  • Reporting: Report regularly during the project lifecycle ensure the Project Owner understdands progress and can make necessary adjustments.

Construction Management vs. Project Management

  • Construction Management (CM): Focuses specifically on managing construction projects, including planning, coordination, and control of construction activities. Most importantly, a 'CM' is concerned with on-site management and the technical aspects of construction.
  • Project Management (PM): Encompasses a broader scope, managing projects across various industries. PM involves overseeing the entire project lifecycle, from initiation to closure, including project planning, execution, monitoring, and completion. A Project Manager, managers a Construction Manager.
A close up image of two construction managers walking on a construction site
A Construction Manager is concerned with on-site management and the technical aspects of construction

When to Use Construction Management

  • Large-Scale Projects: For complex and large-scale construction projects that require detailed planning and coordination of multiple trades and services.
  • High-Value Investments: When the project involves significant financial investment, construction management ensures that resources are used efficiently and effectively.
  • Strict Timelines: For projects with strict deadlines, construction management helps manage schedules, resources, and subcontractors to meet timelines.
  • Quality and Compliance: To ensure high standards of workmanship and compliance with building codes and regulations, construction management oversees all aspects of the project.

Project Consultants in Capital Projects

Capital Projects have brought rise to specialist consulting firms, such as Project Management firms. Project Management plays a pivotal role in overseeing and directing Capital Projects from the perspective of the Project Owner, ensuring that the project's goals, timelines, and budgets are met according to the client's requirements and expectations. To manage these complex tasks, most Project Management firms use Mastt for effecient and effective reporting to their clients.

How Mastt Helps with Construction Reporting

Mastt provides a comprehensive platform that supports the efficient management of construction projects. Here’s how Mastt can assist:

  • Centralized Dashboard: Mastt's dashboard offers a centralized view of all project activities, enabling construction managers to monitor progress, performance, and resource allocation in real-time.
  • Project Planning and Scheduling: The platform helps develop detailed project plans and schedules, ensuring that all aspects of the project are carefully coordinated and managed.
  • Resource Management: Mastt facilitates the optimization of resource allocation and utilization, ensuring that resources are used efficiently across projects.
  • Risk Management: By offering robust risk management tools, Mastt enables construction managers to identify and mitigate risks early, ensuring projects stay on track.
  • Quality Control and Assurance: Mastt supports the implementation of quality assurance and quality control measures, ensuring that all work meets the required standards and specifications.
  • Stakeholder Communication: Mastt facilitates effective communication among all project stakeholders, ensuring transparency and collaboration throughout the project lifecycle.

Construction Reporting Dashboard Example

By leveraging Mastt, Project Owners and Project Managers can enhance decision making, leading to more efficient project execution, increased quality and more successful outcomes.

A screenshot of Mastt's Project Dashboard showing financial charts and information including bar charts and donut charts

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