Optimising design and construction processes
Technology

Optimising design and construction processes

Time, costs and potential risks are examples of project limits. Understanding project constraints is crucial as they affect project performance. The management of construction projects, like any other projects, involves phases. From design and planning to schedule to actual construction, each element is intricate and a component of a more involved overarching process. In all this, the lynchpins are project managers, who are at the frontline of initiatives of all sizes, where they lead, manage and strive for timely completion.

According to research by PWC, 97 per cent of firms believe that the function of a project manager is essential to company performance and organisational success. An intelligent project manager is ultimately the CEO of the project and runs it as if it were a mini-business with its budget, resources, and scope. They take responsibility for developing and implementing a strategy that produces results rather than excuses. They are highly organised and can prioritise tasks, requirements or issues. Good project managers know the latest trends in the real-estate industry and show their strong understanding and expertise.

Naushad Panjwani says that the construction industry in general is in the throes of technological absorption. Project Management is lagging by a mile. There is a technological explosion on-going all around us such as Big Data, cloud computing, machine learning, artificial intelligence, augmented reality, drones and metaverse; and it's time that project management caught up. Good project management consultants have adapted and adopted these new-age technologies which go beyond the Gantt Charts.

To read more, CLICK HERE.

Time, costs and potential risks are examples of project limits. Understanding project constraints is crucial as they affect project performance. The management of construction projects, like any other projects, involves phases. From design and planning to schedule to actual construction, each element is intricate and a component of a more involved overarching process. In all this, the lynchpins are project managers, who are at the frontline of initiatives of all sizes, where they lead, manage and strive for timely completion. According to research by PWC, 97 per cent of firms believe that the function of a project manager is essential to company performance and organisational success. An intelligent project manager is ultimately the CEO of the project and runs it as if it were a mini-business with its budget, resources, and scope. They take responsibility for developing and implementing a strategy that produces results rather than excuses. They are highly organised and can prioritise tasks, requirements or issues. Good project managers know the latest trends in the real-estate industry and show their strong understanding and expertise. Naushad Panjwani says that the construction industry in general is in the throes of technological absorption. Project Management is lagging by a mile. There is a technological explosion on-going all around us such as Big Data, cloud computing, machine learning, artificial intelligence, augmented reality, drones and metaverse; and it's time that project management caught up. Good project management consultants have adapted and adopted these new-age technologies which go beyond the Gantt Charts.To read more, CLICK HERE.

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App