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Business Processes Related to Contracting and Management

A business process is an organized sequence of tasks carried out by humans or machines in a specific sequence to accomplish a goal. Effective and efficient processes allow companies to organize processes, ensure operations are running smoothly, reach goals, and provide value for customers and employees.

Management and contracting processes encompass conception, planning, design, preconstruction, procurement and construction, as well as commissioning and decommissioning. Each of these processes involves a number of participants contract, agreements, deliverables and milestones, the risk of, and the responsibilities. They are typically complex lengthy, time-consuming, and labor intensive. The efficiency and effectiveness of the processes determine the success of a particular project. Alongside allowing projects to be completed on time and within budget, the quality of these processes is directly linked to employee morale and customer satisfaction.

Corcentric is often asked to update the processes of construction companies to enhance their performance. This is done by conducting an in-depth assessment of the client’s current processes before preparing a detailed proposal on how to improve the efficiency of those processes, with specific goals (e.g. reduce cycle times and improve quality. Implement the new method. Monitor and evaluate its ability to achieve desired outcomes and results.

The business processes that aren’t optimized can lead to delays throughout the organization. Lack of clear efficient workflows can decrease productivity and lead to frustration in the workplace. For instance, poorly designed processes can cause employees to waste precious time searching for vital details and performing tasks that could be automated.




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