Construction Project Management Explained: Framework, Outcomes, Skills, Phases

Tim Fairley explains construction project management as a framework for controlling uncertainty across capital projects, cost, schedule, risk, contracts, design, and handover. He shows why projects go over budget or finish late, and how structured processes help PMs manage delivery. FREE Capital Project Management Plan: https://www.mastt.com/resources/capit... You’ll learn the key outcomes of safety, cost control, and stakeholder satisfaction, plus the core skills and phases behind successful construction project delivery. Tim covers estimating, scheduling, procurement, contract administration, risk, quality, change management, close out, and how tools like Mastt help project managers stay across cost, risk, schedule, and reporting. Chapters: 00:00 Why 9 in 10 construction projects go over budget 01:04 Why construction projects never go to plan 02:29 Why construction project management is a framework 04:42 What is a capital project? 06:24 What is the influence and cost curve? 07:46 What is the project expenditure curve? 08:34 Construction project management framework: Outcomes, skills, and phases 09:28 Why project management skill matters more than process 10:54 Full construction project management framework overview 12:09 Outcome 1: Safety in construction project management 12:39 Outcome 2: Cost and budget control 13:26 Outcome 3: Stakeholder satisfaction 15:44 Construction project management skills overview 16:09 Leadership, communication, and emotional intelligence 16:38 Estimating and quantity takeoffs 17:44 Scheduling and program control 18:22 Procurement and contract administration 19:31 Cost control and risk management 20:42 Quality, safety, and design management 23:05 Document control, stakeholder management, and variations 24:18 Commissioning and handover 25:47 The five phases of construction project management 26:19 Phase 1: Strategy and business case 27:01 Phase 2: Planning and design 28:10 Phase 3: Procurement 28:36 Phase 4: Delivery and construction 29:35 Phase 5: Handover and closeout 🚀 Get Started with Mastt Start for FREE: https://www.mastt.com Product Tour: https://www.mastt.com/product-tour Dashboards & Templates: https://www.mastt.com/template-library 🔔 Stay Connected YouTube:    / @masttglobal   LinkedIn:   / mastt   Facebook:   / masttglobal   Instagram:   / masttglobal   X: https://x.com/MasttGlobal Pinterest:   / masttglobal   TikTok:   / masttglobal   #ConstructionProjectManagement #ProjectManagement #Construction #CapitalProjects #ProjectControls #ConstructionManagement