Project Management
At Ascent Consulting, we offer construction companies a comprehensive guide to mastering construction project management. Our tailored approach provides project managers with the essentials needed to deliver projects on time and within budget. Increase your efficiency and project profitability today by ensuring that your PMs are properly trained, educated, and incentivized.
Do you have great project managers?
Our construction experts firmly believe that thriving construction companies are built on a foundation of great project managers, blended with standardized processes and procedures. Effective PMs have a combination of technical skills, soft skills, and critical thinking skills. Project Managers that master these key areas will see increased project efficiency & profitability on their projects.
Key Skills for Successful Project Management
The foundation for exceptional project management lies in a set of crucial skills. From understanding contracts to strategic financial management and impactful communication, these competencies are evident in every successful project manager.
Our consultants are dedicated to helping construction companies cultivate these essential skills within their project management teams. Our expertise and guidance ensure that construction companies have prepared their PMs to successfully deliver projects with increased profitability. Here are some of the essential skills that Ascent Consulting helps standardize:
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Reading & Understanding Contracts: Mastery of contract language and law to navigate project rules effectively.
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Creating and managing a Project Cost Budget: Developing a complete and accurate project budget from estimates and managing the budget through the project lifecycle.
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Creating A Schedule of Values (SOV) & Billing Accurately: Structuring the SOV and generating invoices in accordance with contract types.
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Creating and Managing the Overall Project Schedule (OPS): Sequencing work packages into the OPS for efficient installations.
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Building Effective Change Order Proposals: Identifying changes in scope or schedule and building proposals for compensation.
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Creating Commitments (Purchase Orders & Subcontracts): Crafting subcontracts and purchase orders while ensuring consistency in terms and conditions.
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Soft Skills & Communication: The ability to communicate effectively between diverse stakeholders on the project.
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Forecasting Accurate Cost-To-Complete (CTC) Financials: Keeping precise project financials and regularly adjusting the forecast for increased accuracy.
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Self-Motivated & Self-Managing: Independence in decision-making, resolving disputes, and adjusting project schedules proactively.
Training and Support
Our experts ensure that construction project managers are fully equipped with the latest knowledge, techniques, and technologies necessary for effective project management. From foundational project management principles to advanced software and tools, our comprehensive training programs illuminate every aspect of modern construction management.
Our expert-led training sessions are both practical and immediately applicable, ensuring that your project managers understand concepts and can apply them in real-world scenarios. Your team members will become better at navigating complex project information, budgeting with precision, and leveraging your project management platform for better communication and collaboration.
Tailored Solutions for Your Construction Company
Ascent Consulting’s comprehensive construction services encompass every aspect of a construction company. From refining operational procedures and enhancing project management techniques to developing incentive and bonus programs, we offer a holistic approach tailored to the specific needs of construction firms.
By concentrating solely on construction companies, we have cultivated a deep understanding of the industry’s intricacies. From general contractors to trade specialists, our experts ensure that your project managers understand how to manage projects consistently and efficiently. Our hands-on approach also includes in-depth analysis, strategic planning, and the adoption of cutting-edge tools and construction project management software.
With Ascent Consulting as your partner, you’ll experience a transformation in how projects are delivered, positioning your company at the forefront of the construction industry.
Employee Evaluations & Incentive Compensation Programs
Accurately evaluating your project managers is an essential skill for successful construction business leaders. Our experts help tailor an evaluation framework that allows construction companies to thoroughly assess their project managers and track project progress. We help to fairly evaluate employee performance based on core KPIs such as: budget adherence, team leadership, and resource management. By pinpointing strengths and areas for improvement, our comprehensive approach facilitates a culture of continuous development and excellence.
At Ascent Consulting, we also specialize in crafting well-structured incentive and bonus programs to ensure that project managers feel valued and motivated to deliver outstanding results. By aligning individual achievements with company goals, incentive packages foster a positive work environment, enhance job satisfaction, and drive project success.
