Project Management Framework Strategies for Indian Construction

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This report provides an overview of strategic project management frameworks applicable to the Indian construction industry, which faces challenges related to timely completion, cost overruns, and quality control. It emphasizes the importance of well-defined strategies, including effective communication, continuous planning, and the integration of socioeconomic factors. The report also highlights management strategies such as budget and schedule planning, stakeholder communication, and onsite supervision using construction management software. Furthermore, it explores project management frameworks like PRINCE2 and Critical Chain Project Management (CCPM), focusing on their roles in delivering project requirements and managing resources. The ultimate goal is to enhance project execution, reduce delays, and improve overall project success within the Indian construction sector. Desklib provides access to similar solved assignments and past papers for students.
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Running head: STRATEGIC PROJECT MANAGEMENT
Strategic Project Management (PM) framework be recommended to an Indian construction
industry
Name of the Student:
Name of the University:
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1STRATEGIC PROJECT MANAGEMENT
Table of Contents
Theme 1:..........................................................................................................................................2
1.0 Strategies................................................................................................................................2
1.1 Introduction –Definition........................................................................................................2
1.2 Different type of strategies....................................................................................................2
1.3 Importance of strategies.........................................................................................................2
1.4 Management strategies..........................................................................................................3
1.5 Examples of strategies...........................................................................................................3
Theme 2:..........................................................................................................................................4
2.0 Project management...............................................................................................................4
2.3 Project management frameworks..........................................................................................4
2.4 Importance of Project management.......................................................................................5
References........................................................................................................................................6
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2STRATEGIC PROJECT MANAGEMENT
Theme 1:
1.0 Strategies
The Indian construction industry is effective as well as resistant to change. The report is
based on strategies towards Project Management framework to make sure that timely completion
as well as reduction of impact of cost as well as quality aspects is done.
1.1 Introduction –Definition
Walker (2015) discussed that strategic is concerned with objectives of the clients,
description of the project work as well as organization. This Indian construction project is based
on management design as well as construction strategies to define the project task properly.
1.2 Different type of strategies
The strategies which are required into the construction project are creating flow of
communication as good and bad news are required to implement a build. A continuous planning
is required where the construction project manager start planning before actual construction is
began, development plan until end of the project (Lock 2016). The planning is included of
prefabrication of materials into prohibited environments, construction waste administration, and
management of the site for enhanced environment and lean mechanized in order to decrease the
energy, substance assortment.
1.3 Importance of strategies
Malik, Banerjee and Ahmad (2018) illustrated that there is higher importance of
construction strategies which set the fundamental steps which are followed to achieve the project
objectives. In order to become the strategy effective, it has various components which address
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3STRATEGIC PROJECT MANAGEMENT
the middle level issues along with upper level issues to integrate entire organization’s socio-
economic environment.
1.4 Management strategies
Nguyen et al. (2018) expressed that the management strategies are consisted of planning
regarding project budget as well as schedule. As the construction projects are larger into scope,
there is involvement of many stakeholders. Effective communication with the project team is
required to advice the budget along with time constraints. There is requirement of regular
updates into the project progress. The construction management is consisted to assess aspects of
the construction process by onsite supervision of the work. It allows the manager to perform
work to keep project on schedule and within budget (de Carvalho et al. 2015). The project
monitoring is required to keep in line with the budget as well as timeline of project. While the
construction manager is onsite to supervise the project, therefore it is required to have
construction management software to keep track of records of cost and schedule demands.
1.5 Examples of strategies
The construction business is involved with various work included of bulk of the legal
proceedings, getting of paper work and management of the subordinates with dealing with the
raw materials. A payment schedule is established based on completion percentage of project. The
construction manager should require meeting with the project milestones tied with the payment
terms (Pimenova et al. 2016). There is required to manage of material costs about rise into the
cost of construction materials, it is required to manage impact on jobsite. Minimization of the
project procurement or purchase cost is required to control the project costs.
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Theme 2:
2.0 Project management
Lock (2016) stated that project management is management of changing processes
needed to achieve end target based on specific time as well as cost parameters. There are five
steps to manage the change process such as define the change objective, development of strategy
to achieve the project objectives.
2.3 Project management frameworks
Nguyen et al. (2018) stated that the project management frameworks consist of three
parts of the project lifecycle such as project control cycle with tool for ease completing of the
project work. The project management frameworks are required to select proper methods for the
project team. Pimenova et al. (2016) discussed that there are various project management
frameworks for the project into business such as:
PRINCE2: It is focused on delivering the products that should meet with the project
requirements. It is alerted to separate the tasks than to create the products. This framework is
focused by means of the development stage of the project.
Critical chain project management (CCPM): It is designed to deal with managing the
project work. It is focused on resource allocation, included of personnel and management
throughout the project work (de Carvalho et al. 2015). The goal of this project is to deal with
level of the resources.
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5STRATEGIC PROJECT MANAGEMENT
2.4 Importance of Project management
Nguyen et al. (2018) criticized that project management has importance as it ensures to
execute the strategic project goals. It breaks the project tasks in the midst of the project team
members focused on their expertise. The project schedule helps to reduce delays and overruns
for project involvement.
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6STRATEGIC PROJECT MANAGEMENT
References
de Carvalho, M.M., Patah, L.A. and de Souza Bido, D., 2015. Project management and its effects
on project success: Cross-country and cross-industry comparisons. International Journal of
Project Management, 33(7), pp.1509-1522.
Lock, D., 2016. Project management in construction. Routledge.
Malik, M.Z., Banerjee, R. and Ahmad, S.A., 2018. A REVIEW PAPER ON
IMPLEMENTATION OF TOTAL QUALITY MANAGEMENT (TQM) IN CONSTRUCTION
INDUSTRY.
Nguyen, P.T., Nguyen, V.N., Pham, L.H., Nguyen, T.A., Le, Q., Nguyen, H.T.T. and Huynh,
V.D.B., 2018. APPLICATION OF SUPPLY CHAIN MANAGEMENT IN CONSTRUCTION
INDUSTRY. ADVANCES IN SCIENCE AND TECHNOLOGY-RESEARCH JOURNAL, 12(2),
pp.11-19.
Pimenova, A., Kuzmina, S., Morozova, N. and Mottaeva, A., 2016. The functional model
approach to the consulting for vertically-integrated construction group. In MATEC Web of
Conferences (Vol. 73, p. 07018). EDP Sciences.
Walker, A., 2015. Project management in construction. John Wiley & Sons.
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