- Author:
Janusz Sobieraj
- Institution:
prezes firmy Korporacja Radex. sp. z o.o.
- Year of publication:
2015
- Source:
Show
- Pages:
171-199
- DOI Address:
http://dx.doi.org/10.15804/ksm201512
- PDF:
ksm/20/ksm201512.pdf
This article refers to the issues of investment project management on the Polish construction market. It describes the typical projects’ features, definitions, refers to the parameters, methodologies and management standards, makes comparison between themselves (e.g. PMBoK and PRINCE2), describes the life cycle of the work and more specifically indicates its different phases and their importance for the successful projects’ implementation, refers to the widely understood literature. Also, an overview of the legislation governing the construction investment projects can be found in the article.
Subsequently, taking the literature as a reference basis and author’s experience gathered during the implementation of various investment projects (in his thirty years of his professional experience), and in particular on the basis of the analysis of four case studies addressing large investment projects that were conducted in the residential housing market in Warsaw agglomeration, the proprietary proces development model was described and discussed in the article. In this context, specific consideration was given to the aspects related to management flexibility.
The model consisting of 16 stages (grouped in 8 process development phases) was thoroughly described, with a particular focus on its strengths. In this respect and with reference to the management of investment projects there are also described process groups, recognized as integral elements of the management areas indicated by the PMBoK and PRINCE2 (including management of different areas such as integration, scope, time, costs, quality etc.) As a complement to those process groups, several additional management areas (which according to the author were omitted in other methodologies and standards- based management) were proposed and described (including value management or graphical elements management among others).
Last but not least, the issue of flexible and innovative investment management was illustrated in practice by the case of the construction of the complex of residential estates Warszawa-Bemowo.