Which project management approach is best for enterprises?
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Which project management approach is best for enterprises? Due to the different development histories and technical characteristics of various enterprises, the management of project construction also varies. Some experienced companies organize their own teams to handle the management, while those with fewer resources or expertise entrust supervision companies to take full responsibility; many also adopt the EPC model. As the characteristics of these different models vary, the actual outcomes differ significantly, and there is much discussion regarding them. What model does your company use? Is it useful? Feel free to exchange ideas!
The key is to choose one that suits your company’s situation; there’s no need to stick to a particular model
It is better for capable companies to organize their own team to handle project management.
It is better for capable companies to organize their own team to handle project management. Hiring others or contracting services might save time, but it doesn’t save money; at least if you do the work yourself, you won’t be easily tricked by others :P:P
New projects generally adopt the EPC turnkey contract model.
Small companies are managed by department; large companies and projects are managed by project teams
Management by department, with a chief coordinator appointed and supervision provided for assistance
According to the principles of infrastructure development, large enterprises establish specialized departments for construction management, such as engineering departments, project management departments, etc., which are responsible for overseeing the new projects undertaken by the company. These enterprises have a wealth of talented professionals, and years of experience in engineering work have enabled the development of a group of experts who ensure that project management is carried out in an orderly manner! The supervisor cannot fulfill their role effectively; they constantly complain that the client is involved too much, and that the supervisor has become a mere formality. Newly established companies, regardless of their size, often delegate project management to the general contractor due to staffing constraints, but they remain closely involved in the process. The reason for this is concern over issues such as waste of funds and substandard quality; as a result, the outcome is usually not very good, and both parties end up having complaints against each other. Companies in the construction industry (for whatever reason) tend to opt for the EPC turnkey approach: they first assign the task to a general contractor who takes charge, and then get involved gradually. Many decisions are made according to the owner’s wishes, with the general contractor bearing the responsibility; in other words, a scapegoat is found. Of course, the general contractor doesn’t lose out financially, and they know themselves whether the cooperation is smooth or not.
For new projects here, we generally adopt the general contractor model, while technical renovation projects are managed by the company’s own project department