Construction Management
After contract award for a project large, medium or small. The fundamentals of construction planning and execution are the same, and we will use Construction Industry institute standards to monitor progress and take corrective actions:
Cost Performance
Cost performance is viewed in terms of overall actual final cost versus the established project budget. Secondary cost outcomes can include cost/cash flow deviation (compliance with spending plans), cost efficiency, (how efficiently an asset is design and constructed versus similar facilities in industry), and consumption of contingency or reserves.
Schedule
Schedule performance is viewed in terms of overall actual final duration versus the planned project duration. Secondary schedule performance can include outage duration performance and overall engineering and construction cycle time (for certain fast-track projects).
Quality/operability
These are outcomes that are based upon a facility being capable of operating per its intended function and that the quality of the facility and construction craftsmanship matches the intended asset life.
safety
Safety as an outcome is a combination of the construction safety during the course of the project and the overall safety considerations of the new facility that will enable it to operate safely over its production life-cycle. Construction safety involves the accidents to personnel in the battery limits of the construction zone and is generally viewed in terms of recordable cases or Days Away or Restricted Time (DART) cases.
owner satisfaction
End customer/owner satisfaction is the overall pride, contentment, and/or happiness that the stakeholders have with the outcome of the project. For contractors, it is somewhat a measure of the potential for future repeat business.