It is the process or the order of completing tasks in a construction project.
It acts as a guide and helps a construction
professional to focus on the entire process of completing a project.
It helps to ensure that construction projects are
well-organized and completed in efficient and timely manner.
Understanding the construction project life cycle
is not only relevant for people involved in construction project management but also helpful for others like building owners, users and contractors. Five Phases Of Construction Project Life Cycle 1. Initiation Phase Also considered as “conceptualization phase”.
In this phase, objectives of the project will
establish and justifications for proposed options and ideas will examine thoroughly.
Questions to answer: -Can we do the project? -Should we do the project?
After the approval of the project, a project
manager will be appointed for further evaluation of the project elements. 2. Planning Phase The most important phase of a construction project lifecycle where the entire scope of the project is defined.
This outlines the detailed plans and strategies
to meet the project’s objectives. Questions to answer: -What needs to be done? -Who needs to do that? -How long will each task to take? -How much everything cost? -What are the potential risks? How can these be managed?
To guarantee that every project detail is taken
into account, the person in charge must use effective construction management strategies.
At the end of the planning stage, there should
be a solid project plan with thoroughly crafted budget and timeline and is ready to be executed. 3. Implementation and Execution Phase This is the phase where the project plan is put into motion and the work of the project is performed practically on site. The importance of project management should recognize by those people who will work in the construction to ensure that all tasks to be carried out are performed on time and on budget. There might some adjustments and changes in the progress of the project that may affect the cost and timeline of the project and it should be reported to keep tracks/control on the progress and direction of the project. 4. Controlling and Monitoring Phase
This phase regularly happens at the
same time as the execution phase.
This is to ensure that the
performance of the project is meeting the criteria and every item/task performs their intended function. 5. Closing Phase
The final stage of project management life cycle.
During this point, the project management team
must prepare and handover all the required project documentation including contracts, final costs, and any relevant paperwork. Also, all supplier and third- party contracts must resolve and all final payments are processed. In this phase, project manager and team may evaluate the success of the project. They may provide recommendation and use these feedbacks to improve future team projects. Thank You! Prepared by: GROUP 1 Rea Jane Mante Carla Camus Joanna Mae Imperial Maria Jorina Andres