PROJECT MANAGEMENT
project management that a project management company focuses on to ensure the project runs smoothly, stays within scope, and meets quality standards.
Project Planning and Strategy
- Feasibility studies
- Project scope definition
- Stakeholder analysis
- Risk assessments
- Detailed project timelines and milestones
Budgeting and Financial Management
- Accurate cost estimation and budgeting
- Financial forecasting and tracking
- Cost-benefit analysis
- Value engineering
- Change order management to control cost deviations
Procurement and Contract Management
- Vendor selection and management
- Procurement strategy and logistics
- Contract negotiation and administration
- Compliance with legal and regulatory requirements
- Quality assurance with suppliers
Team and Stakeholder Communication
- Regular project updates and status reports
- Stakeholder management and engagement
- Internal and external communication strategies
- Conflict resolution and problem-solving
- Meeting management and documentation
Quality Assurance and Risk Management
- Setting quality benchmarks and standards
- Risk identification and mitigation planning
- Inspections, testing, and compliance checks
- Continuous monitoring and issue resolution
- Contingency planning for unexpected risks
Project Completion and Handover
- Final inspections and punch list management
- Project documentation (blueprints, manuals, warranties)
- Handover to clients, including training or support if required
- Project performance review and lessons learned
- Post-project support and maintenance (if Required)
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