What are the main objectives of a construction project?
The main objectives of each construction project (based on the principles of project management) are to erect the building or facility in accordance with the design and specifications, with the most effective use of resources and control of risk, and to complete it:
- within the budget (allowable cost)
- on time (within the specified and agreed contract period or legitimate extensions thereof)
- to an acceptable and agreed standard of quality and workmanship