What is a Construction Strategy?
A Construction Strategy is predominantly concerned with all aspects of the design that affect the buildability or logistics of constructing a project.
What's included in this Construction Strategy template?
- Construction Strategy statement
- 4x Construction Strategy Values
- 4x Construction Strategy Focus Areas
- 13x Construction Strategy Objectives
- 21x Construction Strategy Projects
- 33x Construction Strategy KPIs
Who is this Construction Strategy template for?
This construction template can be used by all individuals in the construction industry from project managers down to builders.
How is this Construction Strategy template relevant to your organization?
The Construction Strategy template will help your team and you consider the project's scope. This strategic plan engages stakeholders and ensures all your resources are optimally aligned to deliver a competitive advantage.
1. Define clear examples of your focus areas
Focus areas are the building blocks of your strategy. They expand your vision statement and provide your team and you with some structure around achieving your goals.
Examples of focus areas for your construction strategy could be Supply Chain, Resources, Team Management, and Technological areas.
2. Think about the objectives that could fall under that focus area
Objectives are the milestones that guide your business to achieve strategic success. You can use this strategy template to set out clear objectives and allocate them to your employees to let them know what they are expected to achieve and by when.
Possible objectives for the Supply Chain focus area could be to Develop forecast accuracy in supply chains, improve the efficiency of shipping and freighting functions, Maintain optimal inventory, Include sustainability as a facet in supply chain operations.
3. Set yourself measurable targets (KPIs) to tackle the objective
KPIs are important because they break down the larger objectives into smaller, more measurable, and trackable targets. Likewise, they also convert visions into quantifiable, clear, and coherent metrics.
KPIs for this automotive strategy could be Reduce mean absolute percent error in Q1, Decrease average supplier defect rate, Decrease late delivery rate, and Increase NPS score for the training events (just to name a few).
4. Implement related projects to achieve the KPIs
Projects are the driving actions that facilitate the accomplishment of a goal or objective. As your team and you create this construction strategy template and add projects, it's important to realize that not all projects succeed. However, implementing projects and learning from those that failed adds value to your goals.
Examples of a project for the objective Maintain optimal inventory could be Utilize barcode systems and RFID devices for inventory management.
5. Utilize Cascade tools to track and visualize performance
Using Cascade's tools helps you view your quantifiable goals more visually. You can create graphs and charts to track and monitor your team and your process. The biggest benefit of displaying measurable metrics visually is that it prevents miscommunication and helps you easily understand the displayed information.