ProjectSight - Construction Project Management Software
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Best-in-class firms manage accountability on every project, and their PMs are the business
managers for their projects. The best PMs have a personal stake in their projects; if their projects
are losing money, they are losing money. If a project has problems, they don't make excuses by
blaming the estimator, the architect, or the owner.
Companies can create accountability by having senior management actively involved in the
rigorous periodic examination of job status. This does not mean just a cursory review of project
costs; it also includes a narrative of the following:
> Current project status
> Project cost projections compared to budget
> Change order issues and management
> Customer concerns
> Subcontractor performance
> Cash flow status
> Profit projections
Senior management must create the proper atmosphere during these reviews by establishing
a forum for open and honest communication rather than recrimination and punishment. Only
then will project personnel feel comfortable enough to share both the good and bad news so that
corrective action can be initiated before it's too late.
In our experience, this culture of "no excuses" is one of the best competitive advantages a
contractor can possess.
CREATE ACOUNTABILITY
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