Effective and comprehensive schedule management is critical to the success of all projects.
Managing a complex and complicated project scope can be challenging and requires leading edge technologies to deliver successful projects.
Cost management is the anchor of a project and keeps a project within budget and reduces risks.
Initiation is the very beginning of a project and the most critical phase because decisions are made that will move the project forward. During initiation, the project is defined; high level goals/objectives are established; and the feasibility of the project is evaluated.
Pre-construction is the planning and design phase of a project. Schematic design, design development and construction documents are generated. This phase offers the best opportunity to mitigate risks. Project cost is agreed upon by the end of this phase.
Construction is the execution phase. As a building is constructed, verification via photo documentation and site visits are ongoing to ensure that construction documents are followed. Scope, schedule and cost management are vital in keeping a project on time and within budget.
The close-out phase of a project is completed before turning the building over to the owner. Building commissioning is a critical step in this phase, along with punch list management. Deliverables are finalized and transfers made to the owner. Closing out promptly, and not dragging out this phase, is always the goal.
The warranty phase of a project starts at substantial completion and usually lasts twelve months. If issues are identified with work performed during construction, the contractor will be responsible to remedy the issue by repairing or replacing within the warranty period.
The audit phase of a project is when external or internal auditors examine the project’s financials, risks, internal controls, contractual compliance, construction documents, procurement process, safety measures and various other aspects. An audit ensures the project was managed in accordance with applicable laws, regulations, and policies.
Capital Project Solutions
49 Lindsley Avenue
Nashville, TN 37210
contact@capitalps.com
Jim Pustejovsky – CEO
615.881.0966
jimp@capitalps.com
Dick Darr – Principal
615.347.2590
dickdarr@capitalps.com
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CPS is always interested in talented candidates. If you would like to explore a career opportunity with our company, email careers@capitalps.com