1. Initiation Phase of Construction Project
We have to create and evaluate the project in order to determine if it is feasible and if it should be undertaken, at the beginning of the project. Here the project objective or need is identified; this can be a business problem or opportunity. A suitable response to the need is documented in a business case with recommended solution options. A feasibility study is conducted to examine whether each option clearly identifies the project objective and a final recommended solution is determined. Many questions related to the issues of feasibility i.e. “can we do the project?” and justification like “should we do the project?” are mentioned and faced. When a solution is approved, a project is initiated to implement the approved solution. For this, a project manager is appointed. At this stage, the major deliverables and the participating work groups are identified. This is the time when the project team begins to take shape. Approval is then required by the project manager to move onto the detailed planning phase.
2. Planning Phase of Construction Project
The planning phase involves further development of the project in detail to meet the project’s objective. The team identifies all of the work to be done. The project’s tasks and resource requirements are identified, along with the strategy for producing them. In a broader sense identification of each activity as well as their resource allocation is also carried out. A project plan outlining the activities, tasks, dependencies, and timeframes is created. The project manager is the one who coordinates the preparation of a project budget by providing cost estimates for the labor, equipment, and materials costs. This is mainly carried out by project scheduling software like MS project or PRIMAVERA. This scheduling charts would help us to track the stages of our project as time passes. This is also referred to as “scope management.” The budget of the project already estimated is used to monitor and control cost expenditures during project implementation. Finally, we require a document to show the quality plan, providing quality targets, assurance, and control measures, along with an acceptance plan, listing the criteria to be met to gain customer acceptance. At this point, the project would have been planned in detail and is ready to be executed.
3. Execution Phase of Construction Project
The planning phase involves further development of the project in detail to meet the project’s objective. The team identifies all of the work to be done. The project’s tasks and resource requirements are identified, along with the strategy for producing them. In a broader sense identification of each activity as well as their resource allocation is also carried out. A project plan outlining the activities, tasks, dependencies, and timeframes is created. The project manager is the one who coordinates the preparation of a project budget by providing cost estimates for the labor, equipment, and materials costs. This is mainly carried out by project scheduling software like MS project or PRIMAVERA. This scheduling charts would help us to track the stages of our project as time passes. This is also referred to as “scope management.” The budget of the project already estimated is used to monitor and control cost expenditures during project implementation. Finally, we require a document to show the quality plan, providing quality targets, assurance, and control measures, along with an acceptance plan, listing the criteria to be met to gain customer acceptance. At this point, the project would have been planned in detail and is ready to be executed.
3. Execution Phase of Construction Project
probable end point in terms of cost, schedule, and quality of deliverables. Each project deliverable produced should be reviewed for quality and measured against the acceptance criteria. When deliverables have been produced and the customer has agreed on the final solution, the project is said to be ready for closure.
4. Performance and Monitoring Phase of Construction Project
This stage is all related to the measurement of progress and performance to make sure that items are tracking with the project management scheduling. This phase regularly happens at the same time as the execution phase.
5. Closure Phase of Construction Project
During the final closure, the importance is on providing the final deliverables to the customer, that is:
- Handing over project documentation to the business
- Termination of supplier contracts
- Releasing project resources
- Communicate the closure of the project to all stakeholders.
- Last and final is to conduct lessons-learned studies to examine what went well and what didn’t.
