The Remarkable Efficiency of the PMs for rescuing a Construction Project

The risk factor of investing in the property development and construction sector is less compared to the benefits. Their insight, skill and wide range of experience of the construction project managers making this sector even more lucrative to the investors. A project manager is a person who is responsible for leading the project. In other words, project managers are the spearheads of a project. They ensure that the project is completed within the specified deadline and gets delivered to the client without any flaws.

The project manager has an important role in interfacing between the project and the business area. This is important for communicating and encouraging the need for transformation and change within the business area in tandem with the delivery of new capabilities from the project. The project manager has the primary responsibility of planning a specific construction project and monitoring its development along the way. The project manager is responsible for delivering the project and has all the authority to plan and run the project on daily basis.


Making plan, estimate, budget and controlling project costs come under the prerogative of a professional construction project manager. They have to define procedures, policies and strategies to have a maximum control over the construction project. They look after everything and work a bridge between between the investors and all the people associated with the building project. You will get each and every information regarding the development of the work. The project manager’s first role is making a feasible plan that achieves the goals and objectives of the project and aligns with the organization’s overall business strategy.

Keeping in consideration certain interdependencies with other on-going projects and their potential impacts. This responsibility of a project manager can essentially make or break a project. The firms that offers project management services are capable of rescuing any project from the brink of failure to an overwhelming success. Their remarkable efficiency and hard work are simply praiseworthy.

All you Need to Know about the Fire-Safety Standards in Australia

The building and construction sector in Australia are heavily regulated these days by the government authorities. It becomes really important for the owners or the builders to ensure they have maintained all the requirements needed to build a construction.

The most important thing to keep in mind that failure to comply with the construction code and standard may lead you to face legal hazards as the liability of negligence could fall upon you for a fire or the safety of the public. According to the professionals of the building and construction management companies in Australia, there are more than hundred primary reference standards which are specified in the National Construction Code and several hundred more secondary referenced standards.

Fire-Safety Standards in Australia-

The Australian Standard AS1851-2005 contains requirements as a means of satisfying various state regulations including Occupational Health and Safety (OH&S) regulations and the relevant building control and/or fire service provisions for maintenance of fire safety measures. It has been developed collaboratively through a committee called ''FP-001 - Maintenance of Fire Protection Equipment'' that is chaired by an independent chairperson.

In the event of fire in a building, occupant safety and the protection of adjoining property are fundamental requirements of building regulations. These regulations pertain to not only the amount and type of fire safety equipment available but also to maintenance and replacement of equipment in order to assure reliability and effectiveness. All the building owners must assure an adequate number of fire extinguishers and safety equipment is available as well as reliable escape routes.

Source: firewize.com

Australian Standard AS1851-2012 provides prescribed routine servicing activities for the majority of fire protection systems and equipment. This includes inspection, testing, preventative maintenance and survey activities and helps to ensure that the systems and equipment are in proper working order. The latest revision to AS1851-2012 is the result of extensive consultation between industry experts, regulators, government and fire service providers.

There are various state-based fire safety regulations throughout Australia. It would be a good idea for you to conduct further research in your own State or Territory to ensure that all relevant fire legislation requirements are identified.

Why You Should Give Top Priority To Project Audits And Compliance

From procurement to review, from verification to construction supervision, specialized teams project managers help you in every step in developing a construction project. A construction audit should also ensure that hazardous substances on the construction site are handled and stored properly. The auditor will closely monitor the company's procedures for safe disposal of waste items and containing accidental spills to prevent injury to employees or the general public.

Different Phases of Project Auditing:

1. Audit Initiation
2. Project Baseline Definition
3. Establishing A Database
4. Preliminary Project Analysis
5. Preparing Final Report
6. Terminating The Project

On the other hand a compliance audit is a comprehensive review of an organization's adherence to regulatory guidelines. Compliance is a complex and multifaceted matter that requires a comprehensive plan and a well-thought-out strategy. Over the course of a compliance audit, an auditor reviews security policies, assesses risk management procedures and user access controls. Projects are chosen for audit based on either a risk-focused strategic selection process or a random selection process. Project audit and compliance both are important aspects of completing a construction project in a successful way as they have become integral.

Whether you are pending public or private funds, construction projects are highly complicated undertaking requiring significant financial commitments. Regardless of whether the project audits and compliance are performed mid-term on a project or at the end, the benefits they bring in limitless benefits for the project owners. Audit costs pre-emptively to verify compliance of contractor charges, enhance schedule, quality, and cost management control processes, policies, and procedures.

Project team members often disclose more about their experience to outsiders, which leads to a more comprehensive and reliable audit report. Project audits and compliance can serve as learning tools for future projects by identifying where the project planning fell short or where the execution fell short.

Homebuyers Guideline for Buying Residential Property

Most of us wanted a place called home and buying resident has become a defining moment of our life. But are you equipped with the knowledge needed to streamline perfectly the largest financial commitment of your life. As people are preferring to buy a residential construction the buying becomes even more risky. There are numerous things a prospective buyer needs to keep in mind. When home ownership signifies so much, you need to ensure that your purchase decision is carefully analyzed, planned and executed.

Below, we’ve highlighted the basic home buying strategy all the prospective homebuyers should use as a guideline:

Verify the Price of the Property-

First, ascertain your budget and look for a property in that price bracket. A property commands a certain price due to its locality and amenities. Once the developer quotes a price for the apartment, compare it with neighboring areas and properties.

If the Residential Property is Built Under the Guidance of Project Managers-

Make sure the property you are willing to purchase is built under the guidance of the professionals of the project managers of residential construction. Do keep in mind that the residential properties usually have numerous loopholes at the development stage. On the other hand, the construction work supervised by the expert project managers are secure, safe and perfect for investing in. So always ask the builder about whether a project manager was involved during the construction stage of the property or not.

Amenities Offered-

You should also check what kind of amenities are offered along with property. Things like club house, parking, lift, power backup, swimming pool, gym are some of the amenities. A residential property packed with all the sophisticated amenities will increase your comfort as well as its resale value.

Legality of the Property you are Buying-

Before narrowing down your residential apartment options, make sure that the property plans are approved by the government authorities. Talk to the developer and make sure that they provide the government approved documents to you.

As a prospective homebuyer, you need to perform all the checks and tick the boxes we have discussed above. By following the advice, you can easily ensure your hard-earned savings is spent well.

The Practical Usefulness of Project Audits & Compliance

Conducting an audit is imperative to assess the progress of a project and regular audit sessions ensure that a project’s management is in-sync with the established project objectives. It is where an impartial person reviews your project and provides guidance on what could be done differently to improve its chances of being successful. The professional of project audit and compliance possess in-depth knowledge what the audit process entails is more likely to have a positive audit report.

This report will present a comprehensive overview of what a project audit is and demonstrate a case study to illustrate key points. This report is most frequently used in industry sectors where legislative compliance is extensive and in those where heavy penalties are used to ensure project completion is on-time.

To ensure that the right parameters are monitored and audited one needs to follow the project audit best practices. These best practice act as a guideline for planning the audit. A project management audit focuses on the following aspects of the project-

• Financial record of the project
• Plans
• Resources
• Schedules
• Budgets
• Accomplishments

Going beyond practice verification, project audits are also performed as a "check and balance" to evaluate project quality, necessity, value, and to examine the root cause of known project problems and reported failures. In addition, it can illuminate mistakes that can cause project failure and thus can trigger timely corrective action.

Failure to deliver a project on time, within budget and to specification can pose a major threat to the strategic direction and financial viability of an organization. The benefits of a project audit to the project are that it uncovers all the problems that the project is facing, and also suggests remedies. If the audit is carried out during the outcome period, it may be possible to make changes to the ongoing investment project, and to similar ongoing projects, to improve matters.

Achieving Next Level of Success in Construction Management Service – Updated

A construction project not only has to maintain its quality of work and along with that it also has to be

• Wrapped up in time and
• Within the estimated budget

However, it is never easy to achieve these aspects so easily. Thus, projects keep lingering beyond deadlines and the budget goes on escalating. To avoid such unwanted situations, project owners across the building and construction sector are depending on competent building and construction management services these days.

However, there is another approach to hire experienced project managers to supervise the overall execution process. But as such, this solution of hiring proficient experts proves expensive on all accounts. In contrast to that seeking the specialised service of the management services is guaranteed to save one’s pocket from the severe burn.

In a recent development a number of such specialised service providers have gained considerable prominence across Australia. Business for this sector is flowing in from all directions. As a matter of fact, the sector is providing quality service to an ever increasing customer base covering both public and private sectors.

The fraternity of property development project management professionals shoulders an array of responsibilities for their clients. These include

• Maintaining quality of work
• Managing job scheduling for fastest possible delivery
• Shouldering the legal aspect from framing of legal papers to resolving disputes
• Inspect and assess work progress
• Deal with daily issues that crop up almost every now and then
• Developing project plans
• Outlining goals and KPIs for projects, etc.

The sector is exhibiting excellent signs of growth. According to industry experts, the fraternity of businesses, providing this specialised service, has an excellent prospect of growth in the near-future. The sector efficiently caters to a steadily increasing clientele that covers all existing domains of the industry.