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To achieve the desired outcome of a contracting or management process, more than planning and execution is needed. It also requires careful analysis and management of the interdependent business processes involved in conceiving, preconstruction, procurement, construction, closeout, and commissioning the built environment. That’s why management of business processes (BPM) is so important to the success of a project or a company.
BPM is a systematic, integrated method of identifying models, automating, and continuously monitoring business process. The goal is to align internal business activities with strategic goals, resulting in more efficiency and higher profits.
To achieve its purpose, the BPM cycle is composed of six phases: analyze design implement, monitor optimize and revamp. The initial step of the process is to look at the current process to determine areas that could be improved. The next step is the creation of an entirely new procedure to meet business needs using standardization and automation where possible. The implementation phase is aimed at implementing the new model. Continuous monitoring and optimization will ensure continuous efficiency.
Construction companies waste hundreds, if not hundreds of thousands, of dollars annually on manual tasks and inefficient business processes. This is a problem both in the office as well as on the job site. Automating these processes improves visibility, increases operational reactivity reduces risk, and improves decision-making. It also helps reduce expenses, boost motivation for employees and enable better utilization of resources. To do so teams must be able to fully understand all their processes and fundamental procedures.