Project planning and management is an indispensable work protocol for achieving the desired goal within the specified time limit. History speaks for this fact and the scholars like Hamilton and Gibson concluded in a 1996 study that the first one-third of the projects with a well-planned strategy has a success rate of 82% compared to the planning strategy in the lower one-third with a goal achieving rate of 66%. Pertaining to this fact, the construction companies have now made it imperative to lay out a project plan enlisting the resource check-points and finance sourcing to be exploited within the defined time limit.
Post procurement the designing and engineering team at Midcor discusses and develops a thought through a perfectly integrated project plan that accommodates the stages of pre-construction, heavy construction, and post-construction detailing to present the client with sufficient time to understand and process the scheme and express the necessary wishes or concerns.
The team has schemed the planning in a hierarchal flowchart of 10 steps, including the pre and post production measurements.
Initiation and Development of Project Plan
Availing the barricade of AI-assisted software and computer-aided programs, the architects and modelers use the project templates to seclude the phases, tasks, and memorandums related to the project in any crucial sense. Documentation and cataloging after a thorough research are the standing pillars of this step.
Enlist the Resource Plan
This section essentially focuses on the workforces and materials required for construction. Determining the types of labor, their quantification, their roles, and responsibilities; retrieving the equipment and machinery involved; ordering raw material consignments, required quality and quantity, etc.
BOM and BOQ comes into play over here and in the next succeeding factor.
Detailing of Financial points
Clearly, the detailer and modelers are required to fill in the budget constrictions through their creative mind and improvisation tactics. From retrieving the unit costs of labor, raw materials, and equipment to the evaluation of mass delivery of each, the technical team addresses all major and minor issues that could influence the budget plans at any point. A special section is imparted for administration and contingency plans during financial planning.
BOM and BOQ are key factors that should be diligently taken care of.
Quality Plan Development
This section is dedicated to ensuring the quality life of the delivered products, whether raw material or an equipment spare part. It demands a standardized set-up for the delivered projects for a well-planned execution of the project
Risk Management Plan
To reduce the chances of any risk, the designers and engineers are obligated to first address all the risk factors and the aspects influencing them. Following this, there is a categorization and priority set-up for each risk factor leading to obscure a corresponding backup plan that could ensure a flawless execution of the project.
Client Assessment Plan
Needless to say, that client is the glue holding this whole hustle-and-bustle together, so the developers should be open and forthcoming about their plans and strategies to the client. The developers should be acceptable if the client isn’t on the same page with them and must procure an improvisation plan that incorporates the ideas and visions expressed by the clients
The development team creates a communication network with the stakeholders, contractors, construction authorities, and safety management agencies to assure them that the contingency plan surpasses all the laid down regulations.
This section deals with all the tender related submissions and acquisitions.
Connect with Contractors and Suppliers
This involves drafting a work statement, issuing an information request specifying the time schedule and criteria for labor employment, selection of suppliers, stating your needs and requirements to the supplier, negotiating terms for supplies, going for a second opinions for contractors, registering the accepted tender, and scheduling the price revenues for each task.
Review the Plan Chart
A merry-go-round review of the proposed plans and its subsections and do fine tooth comb scrutiny of it to ensure that there are no loopholes to accommodate any compromises.