Regardless of size, all construction projects must make
the most of time, when numerous duties or tasks are involved. A detailed plan and a schedule keep
track of the needed tasks and ensure their orderly completion. Without planning it is easy to spend
too much time on a specific task, which may cause other required tasks to suffer a time crunch.
Accurate planning and scheduling not only ensure projects are completed on time, but also they are completed within the budget. It also helps determine the length of time, required budget, calculate costs of each step and eliminate unnecessary actions. Well executed planning of a previous project aides in creating new business plans and calculating financial requirements of a new project.
Planning and scheduling is necessary to determine the
overall manpower and resource requirement of a project. Comparing previous plans or schedules help
in saving costs by creating a schedule that eliminates overstaffing. Effective and adequate resource
alignment for each specific demand at every stage improves profitability.