Business Process Management for Contracting and Management
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To achieve the desired result of a contracting or management process, more than planning and execution is needed. It also requires careful analysis and control of the interdependent business process that is involved in the conception, construction, procurement prior to construction closing, and commissioning of the built environment. Management of business processes is vital to the success and development of any project or business.
BPM is an integrated, systematic approach for discovering ways of modeling, enhancing the efficiency of, automating and continuously monitoring business processes. The aim is to align internal business tasks to strategic goals. This will result in greater efficiency and profit.
To achieve its purpose to achieve its goal, the BPM cycle is composed of six phases: analyze, design, implement, monitor, optimize, and revamp. The first phase of the cycle is to examine the current process and pinpoint areas to improve. The next step is to develop an entirely new process that meets requirements of the business, using standardization and automation where possible. The implementation phase is designed to implement the new process model with continuous monitoring and optimization are vital to its continued performance.
Construction firms are losing tens, possibly hundreds of thousands of dollars each year on wasting business processes and manual tasks-both at the office and on the job site. Automating these processes can increase visibility, increases operational responsiveness increases risk mitigation and speeds up decision-making. It can also help cut costs, increase morale of employees and allow for better utilization of resources. To achieve this, teams must be able to see their processes, as well as the procedures that underlie them.