Construction Project Management Portal

The Role of the Project Manager

223

A project manager is that the one who has the responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project. the duty title is employed in construction, petrochemical, design, data technology and lots of totally different industries that manufacture merchandise and services.
The project manager should have a mix of skills as well as a capability to raise penetrating queries, detect unstated assumptions and resolve conflicts, also as additional general management skills.
Key among his or her duties is that the recognition that risk directly impacts the chance of success which this risk should be each formally and informally measured throughout the lifetime of the project.
Risks arise from uncertainty, and also the successful project manager is that the one who focuses on this because the main concern. Most of the problems that impact a project arise in one-way or another from risk. a decent project manager will reduce risk considerably, usually by adhering to a policy of open communication, making certain each important participant has a chance to precise opinions and considerations.

Continue reading

Advertisements

May 19, 2012 Posted by | Project Management | Leave a comment

Top Ten Qualities of a Project Manager

23

What qualities are most vital for a project manager to be effective? Over the past few years, the folks at ESI International, world leaders in Project Management coaching, have looked in to what makes a good project manager. With the distinctive chance to raise a number of the foremost proficient project leaders within the world on their Project Leadership courses ESI have managed to gather a running tally on their responses.

Below are the highest ten Qualities of a project manager in rank order in line with frequency listed.

Inspires a Shared Vision


An effective project manager is commonly described as having a vision of where to travel and also the ability to articulate it. Visionaries thrive on modification and having the ability to draw new boundaries. it absolutely was once said that a pacesetter is somebody who “lifts us up, offers us a reason for being and provides the vision and spirit to vary.” Visionary leaders enable folks to feel they need a true stake within the project. They empower folks to expertise the vision on their own. in line with Bennis “They provide folks opportunities to make their own vision, to explore what the vision can mean to their jobs and lives, and to see their future as a part of the vision for the organisation.” (Bennis, 1997)

Continue reading

May 19, 2012 Posted by | Project Management | 3 Comments

Risks in Construction Projects

23

The environmental protection movement has contributed to the uncertainty for construction because of the inability to know what will be required and how long it will take to obtain approval from the regulatory agencies. The requirements of continued re-evaluation of problems and the lack of definitive criteria which are practical have also resulted in added costs. Public safety regulations have similar effects, which have been most noticeable in the energy field involving nuclear power plants and coal mining. The situation has created constantly shifting guidelines for engineers, constructors and owners as projects move through the stages of planning to construction. These moving targets add a significant new dimension of uncertainty which can make it virtually impossible to schedule and complete work at budgeted cost. Economic conditions of the past decade have further reinforced the climate of uncertainty with high inflation and interest rates. The deregulation of financial institutions has also generated unanticipated problems related to the financing of construction.

Continue reading

May 19, 2012 Posted by | Risk Management | Leave a comment

Foundations for Risk Management

12

The Foundations for Risk Management presented herein will be the basis for the tools and other content that the Risk Management Program committee will deliver at the upcoming convocation. These Foundations were developed by engineers in private practice to help engineering firms focus their practice on avoiding and minimizing risk.
The first five Foundations deal with the process of the engineering business and the last five deal with project management.

1. Culture

Create a culture of managing risk and preventing claims
Creating a culture of risk management and claims prevention entails instilling in your company an overriding vision that stresses quality control and managing risk as a vital part of your business practice.
This vision must become a core value of the firm and come from the top down. Stress the importance of risk management as often as possible among the staff, as well as the consequences of ignoring it. Creating this culture requires both strategic and operational planning. It should involve all levels of the staff and even involve clients. Quality must take precedence over profits. When quality is established, profits tend to follow.

Continue reading

May 19, 2012 Posted by | Risk Management | Leave a comment