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Most of the constructed facilities are custom made in consultation with the
owners, with an exception in the case of the residential units that may be sold as
built by the real estate developer. He is regarded as the sponsor of building
projects, so far as government agency may be the sponsor of a public project and
turns it over to another government unit upon its completion.
For project management, the terms “owner” and “sponsor” are one and the same
because both have the ultimate power to make all important decisions
PROJECT LIFE CYCLE OF THE CONSTRUCTION
LIFE CYCLE PHASES IN CONSTRUCTION PROJECT
1. INITIATION PHASE OF CONSTRUCTION PROJECT
We have to create and evaluate the project in order to
determine if it is feasible and if it should be
undertaken, at the beginning of the project. Here the When a solution is approved, a project
project objective or need is identified; this can be a is initiated to implement the approved
business problem or opportunity. solution. For this, a project manager is
A suitable response to the need is documented in a appointed. At this stage, the major
business case with recommended solution options. A deliverables and the participating
feasibility study is conducted to examine whether work groups are identified. This is the
each option clearly identifies the project objective time when the project team begins to
and a final recommended solution is determined
take shape. Approval is then required
by the project manager to move onto
Many questions related to the issues of feasibility i.e.
the detailed planning phase.
“can we do the project?” and justification like “should
we do the project?” are mentioned and faced.
2. Planning Phase of Construction Project
The planning phase involves further development of
the project in detail to meet the project’s objective.
The team identifies all of the work to be done. The
project’s tasks and resource requirements are
identified, along with the strategy for producing them.
When deliverables have been produced and the customer has agreed on the final
solution, the project is said to be ready for closure.
4. Performance and Monitoring Phase of
Construction Project
o Releasing project
resources
o Last and final is to conduct lessons-learned studies to examine what went well
and what didn’t.
This type of analysis would make the knowledge of experience to be transferred
back to the project organization, which will help future project teams