Growth – it is generally assumed to be the objective of any size of business. Some small business owners may disagree, citing no desire or intention to expand operations beyond what they are currently doing. While this may be true in some cases, at least in terms of physical expansion of plant or facilities, it would be difficult to find any business owner speaking against growing profits.
To many small business owners, both physical growth and increased profits may seem out of reach without major additional expenditure whether it is on physical infrastructure, personnel, or marketing.…
If you’ve recently been promoted to a project management position, or perhaps are getting ready to start your career in this field, it’s important to have a good understanding of how to make your life easier as you move forward. Read on for some key beginner project management tips you can follow today.
Understand the Project Lifecycle
When you’re new to project management, you may not be familiar with the lifecycle involved in this kind of work. It’s necessary to get up to speed on this sooner rather than later.…
Project management is at the heart of what makes a construction project flow. While it deals with the technical sides of budgeting and execution, it also requires a human component, where project managers have to work with the individual needs of the builders, stakeholders, and the community. Whether it is a completely new development, renovation of an existing building or a new fit out, project managers need to have the expertise to deliver and excel for the client to ensure the contract will be completed on time, on budget and exceeding the client’s expectations.…
It is widely regarded that the construction industry is for the first time since economic downturn, experiencing a sustained period of growth. However, despite this optimistic outlook, many companies are still finding it difficult to remain competitive and ultimately successful. Margins are tighter than ever with everyone from suppliers to contract workers looking to squeeze the most profit from each project/new build, while still not experiencing the success they once had. In this article we look at some of the current challenges project managers and senior management within the construction industry face every day.…
Moving into a project manager position can be an exciting step forward, with new opportunities to show your superiors your talent and worth. However, being a project manager comes with a lot of responsibilities, and it’s important to keep a clear head and address issues and problems as efficiently and effectively as possible. Read on to find out some tips and skills that will keep your head above water.
Be Proactive
Before embarking on a new project, examine it from all angles, making sure to note any potential difficulties that may come up.…
Here’s a case for you: Today seems like a normal working day for you. Suddenly, one of your bosses handed out the responsibility for you to manage a marketing project. Or, here’s another case for you: You are a small business owner who needs to work on your first major project from an important client.
Whichever your case is, whenever you are facing similar challenge, you might feel in doubt; you might be not sure whether you can take on such responsibility.…
