This report provides a comprehensive overview of engineering project management, emphasizing the importance of mental wealth. It delves into various aspects, starting with the RIBA plan of work for construction projects, including preparation and briefing, concept design, spatial coordination, technical design, manufacturing, construction, handover, and in-use stages. The report addresses cost implications, justifying the estimated costs for high-tech implementations. It highlights the application and justification of Building Information Modeling (BIM) for effective project management, clash detection, and stakeholder collaboration. Environmental and stakeholder management are discussed, focusing on environmental issues such as uncontrollable energy, transportation pressure, toxic chemicals, and ineffective disposal. The report also covers stakeholder management, emphasizing communication and decision-making. Low carbon planning, construction methods, health and safety obligations, economic and legal issues, procurement methods, and supply chain matters are also addressed. Finally, the report concludes with advice on avoiding project delays and a comparison of financial ratios.