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Project Management Consultant

A project management consultant (PMC) helps organizations improve their project, program, and portfolio management practices. They do this using tools and skills like coordinating activities, solving problems, making decisions, motivating teams, controlling resources, planning, and implementation. As the overall leader, a PMC is responsible for managing the triple constraints of time, cost, and scope for construction projects. When selecting an organizational project management consultancy, organizations should define goals, assess needs, select a firm through an RFI/RFP process, and negotiate contract terms.

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606 views11 pages

Project Management Consultant

A project management consultant (PMC) helps organizations improve their project, program, and portfolio management practices. They do this using tools and skills like coordinating activities, solving problems, making decisions, motivating teams, controlling resources, planning, and implementation. As the overall leader, a PMC is responsible for managing the triple constraints of time, cost, and scope for construction projects. When selecting an organizational project management consultancy, organizations should define goals, assess needs, select a firm through an RFI/RFP process, and negotiate contract terms.

Uploaded by

santoshmgurjar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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WHAT IS PROJECT

MANAGEMENT CONSULTANT?
There is no specific definition of project management
consultant

Knowledge and Experience in specialized area of


assisting organizations to improve their practice
of project, program and/or portfolio management

Definitions described by their roles


and responsibility and services that they provide using
tools and skills they have
IMPORTANCE OF PMC SERVICES
On the country, the Project Management Consultancy or
Project Manager is the overall leader
Innumerable tasks and activities
Coordinator
Problem solver
Decision maker
Inspire
Motivator
Controller
Planner
Implementer
IMPORTANCE OF PMC SERVICES
Charge of all resources such as time, cost, quality and human
recourses
To grapple with thousand of project people
Can save millions of dollars
Scrutinize the works of the entire design, contract and
construction team including architects, engineers, quantity
surveyors, contractors, sub-contractors and supervisory team
Sets the highest standards in formulating design parameters
Supervises the tendering process, contract documentation, bill of
quantity (BOQ), contract specifications and taking off quantities
to make sure that they are accurate
PM TRIPLE CONSTRAINTS

Time

Cost

Scope

Manage these or they will


manage you!
ROLE OF
PROJECT MANAGEMENT CONSULTANTS
IN CONSTRUCTION INDUSTRY
Construction industry deals with various types of construction sectors
Real Estate
Infrastructure
Real estate sector is segmented in Residential Industrial, Commercial
and Corporate
Infrastructure sector is segmented in Roads, Railways, Urban
infrastructure, Ports, Airports and Power
To manage such kind of unique projects requires an expertise with
organizations and a thorough body of knowledge
PMC provides multifaceted service from project inception to
completion
EXAMPLE OF KOLTE-PATIL DEVELOPERS
Cont.

Investors:
ICICI Ventures
YATRA Capital
Portman Holdings
Tuscan Real Estate Private Limited
Tuscan Real Estate Private Limited is a SPV in which Kolte-Patil
Developers Limited holds 51% equity
Portman Holdings holds the rest 49%
The SPV is developing residential project at Kharadi, Pune
THREE STEPS TO TAKE WHEN PREPARING TO USE
AN ORGANIZATIONAL PROJECT MANAGEMENT
CONSULTANCY
Step 1:
Define what you want to do and plan for it
Defining Goals and Needs
Internal assessment
Step 2:
Select the firm
Purpose of the Request for Information (RFI)
Purpose of the Request for Proposal (RFP)
Step 3:
Negotiate terms and contract with the consultancy
To put everything in written contract

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