According to recent statistics, a child is born every 1 minute and 46 seconds and one migrates every 2 minutes and 37 seconds into present-day Australia. In other words, population is booming across the country. It is natural in this backdrop that urbanization drive is going on full swing. Thus, the building and construction industry exhibits bright prospect in the country. However, it is relevant clarifying here that the commercial sector has turned unbelievably competitive these days. As project owners are bidding with lower estimation cost to bag contracts, their profit margin is becoming more and more marginal.
Every construction project invariably comes with a stipulated deadline and an estimated costing. As innumerable adversities keep arriving incessantly at a construction site, it becomes undeniably challenging on the practical scenario to adhere to the predetermined factors while executing a project. The adversities withhold the work and thus, deadlines get revised. Eventually, the project cost spirals upward because of the extended deadlines. Thus, profit margins in this business keep shrinking.
Considering all these factors, project owners these days are emphasizing upon a unique project management strategy in construction. According to the strategy, project owners are increasingly depending upon specialized service providers in form of construction project management firms to deliver projects successfully. These service providers shoulder extensive responsibilities on behalf of project owners to ensure construction projects are completed successfully on all aspects. Ensuring superior quality of construction is one of the major responsibilities for these specialized service providers.
As such, dedicated professionals working in such firms shoulder an array of responsibilities, which encompasses
Every construction project invariably comes with a stipulated deadline and an estimated costing. As innumerable adversities keep arriving incessantly at a construction site, it becomes undeniably challenging on the practical scenario to adhere to the predetermined factors while executing a project. The adversities withhold the work and thus, deadlines get revised. Eventually, the project cost spirals upward because of the extended deadlines. Thus, profit margins in this business keep shrinking.
Considering all these factors, project owners these days are emphasizing upon a unique project management strategy in construction. According to the strategy, project owners are increasingly depending upon specialized service providers in form of construction project management firms to deliver projects successfully. These service providers shoulder extensive responsibilities on behalf of project owners to ensure construction projects are completed successfully on all aspects. Ensuring superior quality of construction is one of the major responsibilities for these specialized service providers.
As such, dedicated professionals working in such firms shoulder an array of responsibilities, which encompasses
- Coordinating with various statutory bodies to receive relevant permits and licences
- Planning and managing the daily work schedules
- Ensuring optimum utilisation of resources
- Interacting with legal professionals to resolve legal blockades if any
- Shouldering the overall aspect of coordination with various stakeholders and service providers involved in a building project
- Performing regular inspection and assessment on work progress
- Generating reports on work progress, etc.