Construction management is a type of property management. It entails oversight and organization of the design, construction, operation, and maintenance of properties such as buildings, bridges, roads, highways, tunnels and more. As with any new business ventures, owners need to be very careful about what they are getting themselves into as if they don’t properly plan their project management process (CPM), they risk everything.
It is a process that helps to ensure that a construction project is completed on time, within budget, and to the required standard. There are many different types of construction projects, and CPM is needed for all of them. Here are some of the most common types of construction projects:
Innovation projects – These are projects that involve new technology or ideas. For example, a company might build a new headquarters using innovative building techniques.
Major renovation projects – These are projects that involve replacing or upgrading parts of an existing building. For example, a company might install new heating and cooling systems in its offices.
Minor renovation projects – These are projects that involve just small changes to an existing building. For example, a company might install new carpeting in its offices.
New construction projects – These are projects that involve the construction of a brand new building. For example, a company might build a new factory using cutting-edge construction techniques.
Construction project management (CPM) is a process that helps to ensure that a construction project is completed on time, within budget, and to the required standard. There are many different types of construction projects, and CPM is needed for all of them.
