Why Hire an Outsourced Project Management Team?
The ever-increasing approaches, expenses and decisions that accompany the construction process may drive hiring an external project management team to the bottom of your priority list. Paradoxically, the overwhelming nature of these demands may be the very reason you need professional support. In this article, we will take a look at three of the most transformational benefits of procuring a project management team to sit on your side of the table as you undergo a capital building program.
Elevated Technology
Project management firms are often well-versed in the most up to date, cutting edge technology. HPM makes it a priority to sharpen every tool in our technology tool belt to best serve the owners we represent. From tracking expenses and change orders, to monitoring project schedules with acute attention to detail, technology enables project management teams to ensure excellence. Procore, one of the most commonly used construction management platforms, specializes in streamlining processes related to project management, quality and safety, project financials, invoice management, design coordination and bid management. Implementing this software allows you, as the owner, to build with fewer risks and bigger profits.
SmartPM, an automated project controls and schedule analytics software is another frequently used tool. This platform can be used as a standalone or integrated with Procore to automate the most complex aspects of project management. To visualize the data collected from SmartPM and Procore, project management teams often use Microsoft Power BI. This tool transforms data into an easily digestible dashboard, allowing you to make informed decisions. Employing a project management team well-versed in these technologies allows you the freedom to carry out your daily responsibilities while remaining informed of progress on the job site.
Stakeholder Involvement
Owners undergoing construction projects are charged with the tall task of satisfying varying ranges of stakeholders. It can be difficult to balance the input of all vested parties. Project management teams help create an environment of thorough, transparent communication, ensuring all voices are heard. The elevated technology PM teams implement enable your stakeholders to feel involved and included throughout the construction process. Access to stream-lined, concise points of data fosters a high level of involvement, allowing the project to achieve optimal outcomes. A project manager fully committed to your project can serve as the go-to expert, fielding questions and alleviating your workload.
Peace of Mind
Last but certainly not least, employing a team of project management experts provides you the invaluable gift of peace of mind. With a qualified team of experts on your side, you can rest assured, knowing your investment is being safeguarded at all times. Project management teams independent from the general contractor bring a unique perspective on the job site. Your priorities are their priorities, and your interests are their interests. They serve as your full-time eyes and ears on the project, protecting your budget, maintaining your schedule and ensuring your expectations are not only met, but exceeded.
