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Construction Business Review | Monday, December 02, 2024
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Construction management includes planning, monitoring, and leadership as proactive measures over challenges.
Fremont, CA: Construction management has been considered one of the most challenging fields. From coordinating multiple teams to managing budgets and timelines along with regulatory compliance, the construction manager typically faces challenges that delay process completion and add cost.
Construction management's most significant challenge is time in a project because the factors are unpredictable. Adverse weather, supply chain interruptions, labor shortages, and unexpected site conditions may influence the timeline of the work. Adverse weather causes work to be halted; supply chain interruptions can create material shortages and delays in delivery; and labor shortages can decrease productivity. Managing all the variables requires strategic planning; even the best plans get affected by unforeseen events. Construction managers have the challenge of meeting deadlines and addressing disruptions. Some of the most common sources of budget overruns for construction management are unexpected costs, changes in scope, material price fluctuation, and resource misallocation.
The construction industry is a huge challenge, especially regarding scope creep in steel, cement, and lumber, which also react to labor and materials costs. Budget-related issues involve proper resource allocation and coordination of the project with expenditure reviews and consultations on stakeholder issues. Other matters involved are workforce management requiring specific roles and expertise, careful planning, and good communication. High turnover rates and skilled labor shortages make workforce management complex, making it challenging to maintain projects on schedule. In this regard, effective workforce management is critical in the construction industry.