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Time and Cost of Implementing A Successful Project in Constructional Industry

Category: Project Management Paper Type: Report Writing Reference: IEEE Words: 400

        It is important to complete the project timely and in proposed budget, therefore implementation of the effective cost and time management strategies are required to avoid any uncertainties and unforeseen events.

        In budgeting process, it is important to divide the cost of the project in different phases and buildings to be constructed to make it easy to track the cost of the project during the implementation phase.

        Lack of integration among all the relevant parties of the constructing airport project may also lead to missing deadlines and happening of uncertainties which resulted in higher cost and budget of project. Construction of Airport is very mass scale project but in order to complete it on time, it is important to divide the work in short tasks and phases and set deadline for each task separately which help management in tracking overall performance of the project. Managers can assure the successful completion of the project via defining cost and time limit of project in order to avoid any unfortunate event.

Efficient Communication  of Implementing A Successful Project in Constructional Industry

        When it comes to implementing an efficient airport project, a strong bond of communication and understanding is very important. Problematic processes and operations of the project can be led by the lack of such connection. With it is obvious that all of the tasks in the project have to complement in a provided timeline, so the communication and collaboration between the team members improve the level of understanding and tasks are more likely to complete on time. When the team members are well informed with all of the happening in the project and discuss the problems with each other, there are more able to handle the issues during the project management. For the large scale airport construction project, it becomes very hard for the manager to maintain good communication between the team members. It can be said that good and effective communication between the team members is the good indicator of the project success (Fernández-Sánchez & Rodríguez-López, 2010)

References of Time and Cost of Implementing A Successful Project in Constructional Industry

[1]

G. Fernández-Sánchez and F. Rodríguez-López, "A methodology to identify sustainability indicators in construction project management—Application to infrastructure projects in Spain," Ecological Indicators, vol. 10, p. 1193–1201, 2010.

[2]

L. B. Dillon, "Project Implementation," 4 July 2018. [Online]. Available: https://sswm.info/index.php/humanitarian-crises/urban-settings/planning-process-tools/implementation-tools/project-implementation.

 

 

 

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