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Business Process Management for Contracting and Management
To achieve the desired result of a management or contracting process, more than planning and execution is required. It also involves careful analysis and control of the interdependent business processes involved in conceiving the preconstruction, procurement, construction, closeout, and commissioning the built environment. That’s why management of business processes (BPM) is crucial to the success of a construction project or a company.
BPM is a comprehensive, systematic approach for discovering, modeling, improving automating and continuously monitoring business processes. The aim is to successful automation of the document management align business processes within the organization with strategic goals, resulting in increased efficiency and profitability.
The BPM lifecycle is comprised of six phases that help achieve its purpose that is to analyze, design, implement, monitor, optimize and revamp. The first phase of the cycle is to examine the existing process and identify areas of improvement. The second step involves designing an innovative business process that meets the needs of the business, using standardization and automation when possible. The implementation phase aims to implement the new process model. Ongoing monitoring and optimization will ensure its continual performance.
Construction firms waste many thousands, if not hundreds of thousands of dollars each year on manual tasks and inefficient business processes. This is the case both at the office and at the construction site. Automating these processes can increase visibility, improves operational responsiveness increases risk mitigation and speeds up decision-making. It can also reduce costs, increase morale of employees, and enable better utilization of resources. To accomplish this, teams should have full visibility of all their processes and the procedures that underlie them.
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