👉 Emergence of Design and Build-Â
The early 2000s represented a significant turning point for the construction industry, marked by global economic reforms that spurred substantial investments in infrastructure. This influx of capital accelerated the evolution of the sector, catalyzing advancements and growth on a worldwide scale.
👉 Core Challenges in Construction-
Construction projects frequently encounter coordination challenges, which often result in errors. The absence of a standardized technology system typically increases project costs by 10% and causes delays of 20%. Implementing a unified project management template is essential for improving operational efficiency and enhancing profit clarity, preparing the groundwork for the adoption of advanced technologies.
👉 Journey of a Construction Project-
Construction projects follow a 7-step journey – Recce, Design, BOQ, Order, Work Progress, Snags/Audits, and Finance. Simply having these workflows isn’t enough; success depends on how well teams stay aligned throughout. By ensuring transparency and using tools like checklists and progress trackers, leaders can spot issues early, reduce delays, and keep the project running smoothly across all phases.
👉 Note for the Readers-
To succeed in construction, it’s important to understand the ‘golden journey’—seven interconnected stages that shape every project. Combining industry experience with a fresh, open mindset helps professionals navigate challenges, avoid common pitfalls, and stand out as next-gen project leaders.