ProjectManagementExecutionAdvisory

Construction Project Management

Our capabilities and services form part of an integrated end-to-end management offering or individual components of project scope-of-work.
Efficient and truly collaborative construction project management is Loumain’s core strength. We have developed an in-house team of professional, outcome driven project managers operating within Loumain’s Integrated Management System. Our network also extends to top project management firms. Our involvement in client’s development projects often begins in early stages. This allows true management integration from inception to completion and beyond.

Construction project management flowchart

Project planning

Our strategic project planning takes into account the entire project life-cycle. Early planning involves feasibility studies, stakeholder formation, selection of technology and construction methodology, identifying work tasks, the estimation of the required resources. interaction between tasks is then reviewed and activity duration is planned.

Plan

Cost

Cost management & procurement

Our in-house estimating team participate in the cost and value management aspect of the project. Ballpark estimates (BPEs) are often provided in early stages. These generally have a much smaller level of accuracy but can assist with a general cost overview. High-level estimates (HLEs) can be compiled during conceptual design and early documentation stage. level of accuracy is greater - generally +/- 15-25%. As the level of detail increases, a detailed estimate (DE) is created. We always attempt to provide a high level of cost transparency and granularity. As a result, we aim at achieving a +/1 5% margin of variation (error) whenever possible. 
Aspects affecting the level of cost management accuracy include general project assumptions, documentation constraints and unknowns and other limitations.

Hire Subcontractor

Based on the scope of the project and existing relationships with subcontractors, the project manager will make the decision based on what is most cost-effective and timely.

Step 3

Step 4

Contract
Agreements

Usually, the contract agreement is executed between the owner of the project and the contractor (or supplier) that is providing the requested service. It contains several sections of clauses defining the scope, terms, and conditions.
Development management
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