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Construction Business Review | Wednesday, January 11, 2023
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Some of the crucial challenges faced by Construction projects are a lack of clear goals, unrealistic deadlines, and ineffective communication.
FREMONT, CA: During the course of a construction project, there are many potential pitfalls. The project manager is responsible for keeping a site on schedule, within budget, and running smoothly. One study found that 98 percent of construction projects run over budget, and 77 percent experience significant delays.
What causes these delays and budget issues, and how can project managers prepare? Some of the construction project challenges are as follows:
A lack of adequate risk management: Often, project managers take precautions against long-term risks. The short-term issues, however, are often overlooked. They can snowball quickly and start to affect the bottom line.
The unreliability of subcontractors, scheduling conflicts, or changing tastes of stakeholders can all derail a project. Therefore, contingency plans are essential. To avoid any of those potential problems, building some wiggle room into schedules and investing in safety training programs is mandatory.
The structure is lacking: Without clear goals, it's hard to accomplish things efficiently. If individuals do not have a clear target to meet, a construction project can easily fall behind or run over budget. Without these goals, it is impossible to hold people accountable for their contributions to a project.
