Project management applies knowledge, skills, tools, and techniques to lead activities in the architectural and construction industry that will help form a timeline in the work process.
In a country like India, where the real estate sector is always in action and massive projects hover, many construction based companies and real estate companies intent to delay the construction work due to the improper project management techniques.
The primary objective of Project Management is to manage the work schedule along with the budget expenditure. Construction is a complicated process where going over budget and beyond the date of completion is a common practice.
Project management by Acad Studio helps in maintaining the project budget and schedule. You can graphically see the current situation and future trends of your project with our expertise.
Project Management is more or less like the data gathering, management, and analytical process used to predict, understand and constructively influence the time and cost outcomes of a project or program; through the communication of information in formats that assist effective management and decision making.
Project Management is about tracking performance against agreed plans and taking corrective action to deliver project objectives.
We help in project management by :
- Schedule Management
- Cost Management & Estimating
- Earned Value Management
- Change and Baseline Management
- Risk Management
- Performance Management
- Contract Administration
- Governance & Assurance
Benefits of project management
Effective construction project management benefits from the Project Completion in several ways—on time, within budget, and free of financial or legal complications. Construction management is a professional service that uses specialized project management techniques to supervise the planning, design, and construction of a project.
While project oversight services evolve throughout the project based on the work process, construction management intends to optimize best industry practices, prudent management decision-making, and effective and transparent project controls and reporting methods.
Construction management is incredibly vital to large-scale projects where a wide range of tasks are involved. It helps to measure each design decision with a careful analysis that calculates the impact that decision will make on the budget and schedule.
Without professional construction management, an unforeseen problem risks derailing the entire project. When a project includes a construction manager early in the process, the construction manager cannot only better plan for potential issues, but the project also benefits from the construction manager's ability to find money and time-saving opportunities.
Project management to keep track of accountability. There is little confusion about who the decision-maker is or what the project objectives are with a construction management team. The manager takes up the responsibility to have a smooth functioning that can direct the team's focus on the project to better understand the objectives and needs. The construction manager's global view of the project enables agile management of evolving risks as they occur.
ACad Studio provides a complete range of Project Management and Project Control services from inception to completion or partial use, which might be anything from providing an initial construction plan to providing comprehensive management of your project.