Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria within a specified time. It involves coordinating various resources, tasks, and stakeholders to deliver projects on time, within budget, and according to scope.Â
There are a variety of different types of construction projects that depend on the construction sector. The two sectors in construction are residential and commercial and there are four different types of projects:
Residential home building and renovation
Heavy industrial construction
Commercial and institutional construction
Engineering construction
That means there are a wide variety of types of construction projects that require construction management in order to be successful. Construction management might be required for a simple home to a large bridge, from engineering a dam build to an airport seismic retrofit project. Construction project managers, then, manage the beginning and end of a project build, often managing on-site to ensure safe, successful construction.