1.Overall Project Oversight: The Project Manager is responsible for the entire lifecycle of the project, from planning and initiation through execution, monitoring, and closing. They ensure that the projectsts meets objectives, is completed on time within budget
2.Project Planning: The PM develops comprehensive project plans that outline scope, schedule, cost, quality, and risk management strategies.
3.Stakeholder Management: Project Managers work closely with various stakeholders, including clients, architects, engineers, and contractors
4.Budget Management: The PM is responsible for creating and managing the project budget, including cost estimates, tracking expenses, and making adjustments to keep the project within financial constraints
5.Risk Management: ldentifying potential risks and developing mitigation. strategies is a key task for Project Managers. They monitor risks throughout the project and take necessary actions to address them.
6.Contract Management: Project Managers oversee contracts with vendors., suppliers, and subcontractors, ensuring that all parties fulfill their contractual obligations
7.Communication and Reporting: The PM is the primary point ofc.ontact for communication among all parties involved in the project
8.Quality Assurance: Ensuring that the project meets the required quality standards is a critical responsibility for the Project Manager.
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