Optimising design and construction processes

27 Jul 2022 CW Team

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.

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..