Each project has a predetermined duration
with a definite beginning and an identifiable end. Its starting point is the
time when the idea is conceived by the client, and its end marks the time when
the mission is accomplished. The time span between the start and completion of
a project represents the project life cycle, which varies from few months to
few years.
Although construction projects differ in
many ways, the life span of a project follows a similar pattern. After
conception there is a gradual build-up in the use of resources, it is followed
by a long-duration plateau and towards the end, there is a rapid run-down till
completion.
The life cycle of a typical construction project can be broadly
divided into the following stages.
a) Formulation stage This includes:
·
Project
idea conception
·
Feasibility
studies
·
Investment
appraisal
·
Project
definition
b) Mobilization stages This covers
preparation of:
·
Project
preliminary plan
·
Designs
and drawings
·
Specifications
and contract finalization
·
Resources
mobilization and earmarking funds
c) Construction stage This includes:
·
Planning
and controlling execution
·
Inducting
resources
·
Construction
and commissioning
·
Final
handling over to the client
Although some participants may separate
out in one stage, the other move on the next one. The project manager is the
key participant in all these stages and acts as a catalyst who motivates the
participants for achieving the stage objectives.
