Project management is an important medium to reduce wastage of time, resources and money. Traditional project team models are not that much effective in construction industry. In this article, four ways are mentioned to work more effectively and efficiently. For a successful project, it is very crucial to give importance to value engineering, identifying the associated risk, minimizing build time and maintaining long term relationships with the clients. To know more kindly refer to the below mentioned link: http://projectmanager.com.au/basic/4-common-construction-problems-project-management-resolves/