Business Process Management for Contracting and Management
To achieve the desired outcome of a contracting or management process requires more than just planning and execution. It also requires careful analysis and control of the interdependent business processes involved in designing, preconstruction, procurement and construction, closing out and commissioning the built environment. Management of business processes is vital to the success and development of any project or business.
BPM is an integrated systematic method of identifying ways of modeling, enhancing automating and continuously monitoring business processes. The aim is to align internal business activities with strategic goals, which results in improved efficiency and greater profitability.
The BPM lifecycle is comprised of six phases to achieve its aim analysis, design and implement monitoring, optimizing, and reengineer. The first step in the cycle is to examine the existing process to identify areas of improvement. The next step is to develop a new process to meet business needs using automated and standardization where it is possible. The implementation phase is aimed at implementing the new model. Continuous monitoring and optimization will ensure continued performance.
Construction firms are losing tens, possibly hundreds of thousands of dollars each year in wasted business processes and manual tasks-both at the office and on the job site. Automating these processes can increase visibility, improves operational responsiveness and improves risk mitigation and expedites decision-making. It can also basic requirements for the startup data room lower costs, boost motivation of employees and help improve resource utilization. To do this, teams must be aware of their processes as well as the procedures that underlie them.
