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Project execution phase
During the project execution phase, it is necessary to
coordinate a large number of various activities under the
responsibilities of the investor and the contractor. Well
executed preparations during the earlier phases virtually
guarantee the success of the project’s execution according
to the project’s contract definitions.
Services to investors include
Monitoring and controlling the realization of a project is
essential since it allows for a timely disclosure and
solution in order to avert potential bigger problems.
Services include:
 Monitoring the project’s execution and managing the
time and cost constraints;
Quality assurance;
Safeguarding investor’s interests in accordance with
the contract;
Risk control;
Final review and project hand-over;
Supervision of construction work;
Quantity surveys.
Services to contractors
Services to contractors include:
Development of detailed project plans for the
monitoring of the project’s realization;
Computer-aided quantity surveys;
Safeguarding contractor’s interests in accordance
with the contract;
Resource planning and management.
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