It’s said, that when things go bad, it goes really bad. So, when it comes to project management in construction, a negative event can set off a series of related events. It virtually becomes a chain reaction that’s difficult to control. Such events should be avoided in the management of construction projects. As a leading electro-mechanical and construction projects company based in Oman, Direct Services LLC takes great care at each stage of the project to ensure the timely completion of projects.
Art of delivering
Meeting the goals of the project – maintaining high levels of quality at every stage of the project, keeping strictly to the predetermined budget and meeting the construction schedule at all times – are all very challenging. At Direct Services LLC., Oman, we understand that only good project management and implementation of good project management practices can help us achieve our goals.
Fundamentals of a good project
When we talk of good project management we do our best to avoid the classic signs of poor management. Increase in project cost, schedules not keeping in tune with time projections, project team feeling demotivated – all of these are signs of poor project management. It leads to project cost overruns and deep difficulty in delivering projects on time. It also can affect the profitability of the company seriously.
Avoiding the pitfalls
The simplest sign of bad project management is project cost overruns. From the start, the project cost estimation may not be accurate and consequently, costs will escalate at every stage of the construction. This is why cost estimation requires a planned and systematic approach. This can be done only through experience and astute planning which looks at all the methods to cut costs at every level of construction. The aim should be to be below the budget at every stage. This means multiple vendors will have to be encouraged to provide the best cost competitively. Additional resources can be brought in a the right time to boost the construction process.
Being on schedule
Many of the most competitive projects have very strict deadlines. This means that any delay will cost the company money deducted as penalties and fines. This also means a loss of reputation as even a delay of a single day in delivery puts the reputation of the company at stake. It can seriously affect the ability of the company to win other project bids in a competitive environment.
Completing a project in time starts with a well-defined and well-crafted estimation of the project schedule. At every level, the project has to be monitored for completion on time. Any delay at any point in time in even a single aspect can lead to a roller-coaster or domino effect which can spiral downwards. There should be a smooth flow of information from the lowest levels of construction happening on the ground to the top management so that proper decisions and corrective measures can be taken at the right time.
Keeping the unknown in mind
Many aspects can take the construction schedule to a standstill. It can be the weather, a pandemic or simply delays due to poor project coordination. By completing each schedule ahead of the time allotted, the construction company can actually have the leeway of days and weeks to set aside for contingencies like these. Only through proper training and understanding of planning, management and control of project schedules can a company achieve their goals. Direct Service LLC has made every effort to keep its management team in tune with the best practices. This enables them to lead from the front with confidence.
The post The Domino Effect: Addressing the Consequences of Poor Project Management in Construction appeared first on Direct Services LLC.
Art of delivering
Meeting the goals of the project – maintaining high levels of quality at every stage of the project, keeping strictly to the predetermined budget and meeting the construction schedule at all times – are all very challenging. At Direct Services LLC., Oman, we understand that only good project management and implementation of good project management practices can help us achieve our goals.
Fundamentals of a good project
When we talk of good project management we do our best to avoid the classic signs of poor management. Increase in project cost, schedules not keeping in tune with time projections, project team feeling demotivated – all of these are signs of poor project management. It leads to project cost overruns and deep difficulty in delivering projects on time. It also can affect the profitability of the company seriously.
Avoiding the pitfalls
The simplest sign of bad project management is project cost overruns. From the start, the project cost estimation may not be accurate and consequently, costs will escalate at every stage of the construction. This is why cost estimation requires a planned and systematic approach. This can be done only through experience and astute planning which looks at all the methods to cut costs at every level of construction. The aim should be to be below the budget at every stage. This means multiple vendors will have to be encouraged to provide the best cost competitively. Additional resources can be brought in a the right time to boost the construction process.
Being on schedule
Many of the most competitive projects have very strict deadlines. This means that any delay will cost the company money deducted as penalties and fines. This also means a loss of reputation as even a delay of a single day in delivery puts the reputation of the company at stake. It can seriously affect the ability of the company to win other project bids in a competitive environment.
Completing a project in time starts with a well-defined and well-crafted estimation of the project schedule. At every level, the project has to be monitored for completion on time. Any delay at any point in time in even a single aspect can lead to a roller-coaster or domino effect which can spiral downwards. There should be a smooth flow of information from the lowest levels of construction happening on the ground to the top management so that proper decisions and corrective measures can be taken at the right time.
Keeping the unknown in mind
Many aspects can take the construction schedule to a standstill. It can be the weather, a pandemic or simply delays due to poor project coordination. By completing each schedule ahead of the time allotted, the construction company can actually have the leeway of days and weeks to set aside for contingencies like these. Only through proper training and understanding of planning, management and control of project schedules can a company achieve their goals. Direct Service LLC has made every effort to keep its management team in tune with the best practices. This enables them to lead from the front with confidence.
The post The Domino Effect: Addressing the Consequences of Poor Project Management in Construction appeared first on Direct Services LLC.