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The troubles of PMC

2025-05-29View Original

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PMC stands for Project Management Consultant, or Project Management Contractor. PM consultants are brought in by the project owner to help achieve the project objectives set by the owner by managing the project’s schedule (time), costs (investment), and quality; however, they generally do not assume any actual project risks. They are rarely held accountable when project timelines are delayed, budgets are exceeded, or the deliverables fail to meet design requirements. On the PMC side, there are also concerns: ...... When the owner chooses the cheapest design firm, the cheapest supervision service, and the contractor who offers the lowest bid, it’s important that the owner adopts value engineering methods after winning the contract or even during the project’s execution. This is especially true when there are numerous temporary changes, and when the owner starts facing financial difficulties during the project’s progress, and......and so on. . . PMC doesn’t have a magic wand to solve all these problems... It does its best to address as many issues as possible, but overall, project management has been overwhelmed, making it almost impossible to achieve the agreed-upon project goals and scope...

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