This is a practical guide for professionals and students preparing for interviews in real estate and construction companies.
It offers insights into the inner workings of a construction/architecture company and gives you a good understanding of the types of problems you might be solving after joining or starting a company in this domain.
Key Takeaways from the Ebook
👉 Emerging Opportunities in Design and Build-
Twenty years ago, India’s construction market saw distinct roles for architects and contractors, with project management consultants coordinating between them. Economic reforms spurred rapid industry evolution, leading firms to develop complementary skills and offer integrated Design and Build services for higher profit margins and greater control over projects.
👉 Fundamental Problem in Construction-
Construction projects involve over 20 stakeholders, leading to frequent coordination challenges and mistakes. Without a standardized technology system, these issues increase project costs by 10% and cause 20% delays. A unified project management template is essential for improving efficiency and clarity in profit margins before adopting advanced technologies.
👉 Golden Journey of a Project-
For construction projects, following these seven stages is essential: Recce, Design, BOQ, Order, Work Progress, Snags/Audits, and Finance. Each step is interconnected and requires meticulous coordination to avoid common pitfalls like mismanagement, delays, and cost overruns. Leveraging tools like checklists, design management systems, and progress tracking can mitigate risks and improve efficiency across all phases of the project.
👉 Project Manager (PM) Task List-
Complete Blueprint of multiple tasks and stakeholders that are responsible in a project.
Amit Bansal is a first-generation serial entrepreneur, currently the cofounder and CEO of 91Squarefeet and RDash. He is a civil engineering graduate from NIT Kurukshetra, worked as a structural designer, and studied supply chain management at IIM Mumbai.
He is a strong believer in the India story. In the next 5 decades, India is going to shine given a huge demographic dividend and massive growth tailwinds, especially for the real-estate and Infra sector.