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 Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->