Detailing the construction project management life cycle involves the inclusion of five clearly defined stages: initiation, planning, implementation, performance and monitoring, and closing.  

At each stage of that cycle, the value chain impact of project management software emerges, and the leading platforms highlight the benefits they deliver throughout the construction project management life cycle.  

Without exception, each of these stages is meticulously thought out and requires the perspicacity and expertise of a construction project manager if the project is to be seamless and successful.  

Strategic project planning is critical, from building the best team for the job, to costs and contracts, and overall synchronisation of every phase of the work.  

In terms of supplementary support, construction project management software is increasingly considered to be invaluable to industry leaders.  

Leaders in the field of software-driven construction project management strategy and delivery, Oracle, continue to revolutionise how projects are planned and delivered.  

Construction project management workflow strategies 

Composing, implementing, and executing a construction project management strategy is a punctilious process requiring articulate detail.  

As part of the construction project management lifecycle, the strategy phase considers all elements of design, building procedures, logistics, workforce deployment, health and safety, and any other aspect necessary to complete a project.  

Construction project management workflow involves a range of things such as managing workforce resources; scheduling each phase of the project cycle; finalising work methodologies; and keeping track of the cost, time, and quality assurance throughout.  

Using project management software can be invaluable for driving efficiency and keeping all stakeholders and project teams both connected and informed, seamlessly, and cost-effectively.  

With construction project management workflow, planning co-exists with the need to be agile and reactive, so connectivity across all activities and between all stakeholders is imperative.  

With sophisticated project management software, this kind of ongoing visibility, agile control and overall connectivity can make the workflow more seamless.  

Creating a communications flow chart that allows for continuous planning, one of the key elements of an automated software system, keeps teams connected and helps mitigate risk.  

Starting with the first phase, initiation, a construction project management strategy can be analysed and finely tuned, ready for the entire project lifecycle.  

Once the scope of the work has been finalised and the most efficient, the construction project workflow strategy can be agreed on by all stakeholders.  

Phases of construction project management 

As mentioned earlier in this piece, the five critical elements of a construction project management lifecycle are initiation, planning, implementation, performance and monitoring, and closing.  

Project owners and delivery teams looking to deliver full visibility, schedule control, risk reduction, and workforce collaboration are increasingly harnessing the power of construction project management software to achieve this,   

Efficiency, document management, and on-site management are just three construction components that can be implemented and monitored with high-performance software such as Oracle Aconex.  

When assessing both the value chain and the impact on the construction project management phases, this software can streamline and support project progress.  

After the initiation of the project, planning becomes a critical phase.  

When it comes to the value of integrated project management software, planning cannot be overstated as it allows divisions, management and stakeholders to stay connected and highlight any potential problems pre-launch.  

With software such as the industry-leading Oracle platform, recording data during planning becomes simpler and can remain accurate in real-time.  

It is a case of the whole team being able to, quite literally, stay on the same page at every juncture of the project with schematic documentation.  

Another one of the construction project management phases, performance and monitoring, can be significantly improved and impacted by project management software.  

Measuring progress with software, in real-time, is not only effective in terms of cost but it also allows risk mitigation to be ongoing through construction reports that can be automatically generated.  

This can be done with the frequency determined by the project manager, allowing the software to generate reporting documents available to all stakeholders.  

One of the main benefits of construction project management software comes at the closing phase of the construction lifecycle.  

Using Oracle, the coordination and collaboration functions can guarantee timelines for deliverables and, ultimately, help a project complete on time and within budget.  

Finalising every aspect of project completion is where everything culminates, and all the phases of the construction project management lifecycle come to fruition.  

Construction project planning and scheduling 

One of the key elements of any successful building project is construction planning and scheduling. Integrating processes and ensuring cost-effective scheduling can save both time and money.  

Reputations are also important to construction companies, meaning they have a personal stake in perfecting the planning and securing their schedule to guard that.  

With project management software, construction planning can be clearly defined to include the procedures, policies, and processes, each specific to an individual project.  

Scheduling comes next, with a workflow that breaks down high-level plans into individual stages.  

Desired project results are always part of what shapes planning and scheduling, and modern project control is often intrinsically linked to workflow inclusions such as procurement, communications, and workforce resources.  

Construction project management scheduling software such as Oracle Primavera Cloud continues to display the value chain implications of a critical path method of planning and scheduling.  

Simply put, the capacity to evaluate project plans and optimise performance benefits both the bottom line, as well as delivering for all invested stakeholders.  

Construction project reporting, analysis, and audit trails

As mentioned previously, a construction project management lifecycle involves a plethora of phases. Reporting, analysis, and audit trails are all critical components of a successful project.  

Streamlining these processes can save time and money, allow careful analysis of project data, and provide audit trails for all stakeholders.  

With leading project management software such as Oracle Aconex, reporting and auditing can be streamlined and shared.  

From project frameworks to established employer information requirements, and the standardisation of project data, the software can provide audit information, complete project analytics, and complete documentation. 

Using leading construction management such as the platforms provided by Oracle, can deliver innovative solutions.  

Connecting teams, streamlining processes, collating data, and connecting stakeholders with real-time project progress can, collectively, save time and money across a project lifecycle.  

In conclusion, it is evident that the construction project management lifecycle can be enhanced and streamlined with high-performance project management software platforms.  

Working in tandem with the project management team and workforce can lead to improvements throughout the project, from initiation to planning, scheduling to solutions, and performance monitoring to completion and closure.   

Driving a project with greater efficiency, with cost and time savings that benefit all stakeholders, will reap dividends over the full construction project lifecycle.