Construction Project Management Report: Services and Fees Analysis

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This report delves into the realm of construction project management, specifically focusing on the Marine Research Centre project. It emphasizes the crucial role of project management consultants as project leaders, highlighting their ability to reduce errors, save time and costs, and bring specialized skills to the project team. The report examines the benefits of this leadership approach, including effective decision-making, coordinated activities, and management of cross-functional teams. Furthermore, it identifies the various services a project management firm can offer, such as project planning, scheduling, and budget calculation, while also providing an estimated cost breakdown for these services. Ultimately, the report concludes by reiterating the advantages of utilizing project management consultants to ensure the successful and efficient implementation of construction projects.
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Running head: CONSTRUCTION PROJECT MANAGEMENT
Construction Project Management
Name of Student
Name of University
Author Note
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CONSTRUCTION PROJECT MANAGEMENT
Table of Contents
1. Introduction......................................................................................................................2
2. Project Management Consultants as Project Leaders......................................................2
3. Services Offered and level of Fees..................................................................................4
4. Conclusion.......................................................................................................................5
References............................................................................................................................7
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1. Introduction
Project management is a vital consideration for a project. A project has been undertaken
that aims in development of a research centre, the marine research centre. This construction
project is needed to be conducted in an environmentally and socially responsible manner, which
is its primary requirement as well1. Hence, the project management consultants should act as
project leaders in the Marine research facility project. The report aims in identification of the
particular services that the project firm could offer to project client. The report aims in evaluating
the level of fees that might require to provide the services to the clients.
2. Project Management Consultants as Project Leaders
Leadership is an important aspect of project management. This is particularly because the
leaders motivate their people in accomplishing their work. The project leaders often encourage
people in accomplishing their work with full satisfaction and dedication. This section of the
report will analyse the benefits of a project management consultant as project leaders.
There are a number of benefits of hiring a project consultant. The presence of a project
consultant reduces the chances of any errors in a project. Furthermore, the supervision of a
project consultant on a project proves to be a time and cost saving approach of project
implementation2. The project management consultants in Marine Research Centre project can
bring specialized skills in the project team, which in turn can help in making best possible
1 Schwalbe, Kathy. Information technology project management. Cengage Learning, 2015.
2 Kerzner, Harold, and Harold R. Kerzner. Project management: a systems approach to planning, scheduling, and
controlling. John Wiley & Sons, 2017.
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business decisions3. Project management is a powerful business tool that is being used to guide a
project implementation process.
Thus, it can be said that there are certain potential benefits that the project team of
Marine Research Centre project can gain by using project management consultants as project
leaders. The benefits are discussed in the paragraphs below.
The Marine Research Centre project can significantly benefitted by choosing project
consultants as project leaders. One of the major benefit is that the project leader has a clear idea
of the tasks that are needed to be implemented.
On appointing project consultant as a project leader, a project team can be involved with
and effective decision making process. The professional project management consultants often
help in easier monitoring of the role and function of a team member, which in turn helps in
effective decision making.
On making use of project management consultant as project leader, all the activities in a
team are effectively coordinated throughout the project life cycle. A project management
consultant has a number of duties and responsibilities that vary as per the complexity of the
project. However, on acting as a project leader, the project management consultant has
responsibilities of ensuing that the project team has understood the requirement of the project.
The use of project management consultant as project leader has another significant
advantage as well4. The project consultant in Marine Research Centre project is related to
management of cross functional project team. Being a project leader, the project consultant of
3 Walker, Anthony. Project management in construction. John Wiley & Sons, 2015.
4 Lientz, Bennet, and Kathryn Rea. Breakthrough technology project management. Routledge, 2016
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Marine Research Centre project should address the scope, schedule and costs of the project5. The
project management consultant in this project will be designing, implementing and managing a
range of project resources.
Therefore, it can be said that appointing project manager as the project leader will be
beneficial for the Marine Research Centre project.
3. Services Offered and level of Fees
The project firm can offer a number of services to the clients. This section of the report
will be identifying all the project management services that the firm could offer to the project
clients.
The Marine Research Centre project is structurally complex and therefore, attention is
needed to be given in the designing phase6. The project management team of the firm will help
the client in providing designing the project plan along with the tasks and activities that are
needed to be completed for successful implementation of Marine Research Centre project.
Another major project management service that the firm could offer its client is
scheduling the project. Appropriate project scheduling is an important need of project
management, as it ensures that a particular project is being implemented within the time
provided. Implementation of a project within the specified time enables an organization to
increase their competitive advantage7. The firm will schedule the Marine Research Centre project
5 Ramazani, Jalal, and George Jergeas. "Project managers and the journey from good to great: The benefits of
investment in project management training and education." International Journal of Project Management 33, no. 1
(2015): 41-52.
6 Leach, Lawrence P. Critical chain project management. Artech House, 2014.
7 Too, Eric G., and Patrick Weaver. "The management of project management: A conceptual framework for project
governance." International Journal of Project Management 32, no. 8 (2014): 1382-1394.
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in accordance to the requirement of the project. This is therefore one of the most important
services that are provided by the firm.
Along with the project scheduling, the firm will be in charge of calculating the budget of
the project. The budget of any project is related to the costs of the expenditures associated with
the project8. The firm will be in charge of calculating the collective cost of all the activities of the
project. This cost is the cumulative cost of the labours needed in the project and the equipment
needed.
The level of cost for these services offered will be calculated on basis of the time that the
firm is providing to the project client. On an average, the services offered are calculated on basis
of rate per hour on basis of which the team members are paid. The human resources of the
project team are paid at a rate of $30/hr/. Thus the estimated cost of scheduling would be near
about $1000, the cost of project plan is $2000 and cost of budget calculation is near about $800.
4. Conclusion
The report discusses the benefits making use of project management consultants as
project leaders of Marine Research Project. There are a number of benefits of making use of
project consultant as project leaders. The report discusses the effectiveness of the project
consultant to act as a project leader. In Marine Research Centre project, the project consultant
can act as a project leader in providing the planned services to the clients. The report discusses
the services that the firm can offer to its client. The report discusses the level of cost of the
services that is being offered. The cost of the services offered is directly related to the wage or
the salary of the project team members.
8 Mir, Farzana Asad, and Ashly H. Pinnington. "Exploring the value of project management: linking project
management performance and project success." International journal of project management 32, no. 2 (2014): 202-
217.
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References
Kerzner, Harold, and Harold R. Kerzner. Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons, 2017.
Leach, Lawrence P. Critical chain project management. Artech House, 2014.
Lientz, Bennet, and Kathryn Rea. Breakthrough technology project management. Routledge,
2016.
Mir, Farzana Asad, and Ashly H. Pinnington. "Exploring the value of project management:
linking project management performance and project success." International journal of project
management 32, no. 2 (2014): 202-217.
Ramazani, Jalal, and George Jergeas. "Project managers and the journey from good to great: The
benefits of investment in project management training and education." International Journal of
Project Management 33, no. 1 (2015): 41-52.
Schwalbe, Kathy. Information technology project management. Cengage Learning, 2015.
Too, Eric G., and Patrick Weaver. "The management of project management: A conceptual
framework for project governance." International Journal of Project Management 32, no. 8
(2014): 1382-1394.
Walker, Anthony. Project management in construction. John Wiley & Sons, 2015.
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