ABSTRACT

Managing a construction project to satisfy the requirements of a diverse base of stakeholders during these times of rapid change is an extremely challenging objective. One of the most significant indicators of risk is project management. By analysing successful and failed projects, it may be possible to identify clear differences between the two types of processes. Construction project management refers to planning and overseeing a discrete, complex, and independent endeavour defined in a contract or agreement between different players (usually a contractor, designer,) and the property’s end-user (generally an owner). It prepares coordination, control, and the development and enforcement of all project activity schedules (including planning and design). This chapter shares the fundamentals of construction project management and briefly touches on the importance of technological advances such as cyber-physical systems in construction project management.