Construction project management typically involves five key phases: initiation, planning, execution, monitoring and control, and closing. Initiation: Define project objectives, scope, and stakeholders' roles. Planning: Develop detailed plans, schedules, and budgets. Execution: Carry out the construction work according to the plans. Monitoring and Control: Continuously assess progress, manage risks, and make necessary adjustments. Closing: Finalize the project, hand it over to the client, and complete all administrative tasks.