Tender Management is a formal process for selecting contractors or subcontractors for a construction project. This process ensures that the right contractor or subcontractor is selected for successful completion of the project. Tender Management helps in accurately planning the budget and timeline of the works and is used to attract competitive quotes.

Construction Project Management is used in a variety of construction projects, including residential buildings, commercial complexes, infrastructure projects, power plants, hospitals and more. Construction projects of all types require effective project management.

The frequency of inspection depends on the size and complexity of the project. Periodic inspection meetings are usually held weekly or monthly. In large projects, daily inspections and reporting may be required. The important thing is that the inspection is carried out regularly and systematically.

Progress payment and final payment audits are important to confirm that project costs have been calculated accurately and fairly and that the work has been completed. These audits prevent disputes and miscalculations, ensure the project owner has accurate information, and solidify business relationships. It also ensures compliance with legal requirements and transparency.