By combining the skills and expertise of a project manager in the area of construction, a unique concept has emerged: construction project management (CPM). This new process is the specific application of PM for project types that involve agricultural, commercial, residential, industrial, and environmental activities. The role of a construction project manager comprises of planning of schematics, coordination of workforce, and the execution of the project efficiently. However, with the scale of construction projects witnessing a significant growth in terms of scale, CPM has become an enormous and cumbersome task. To address this, innovative solution providers are offering CPM solutions to assist companies in streamlining their overall construction venture.
The implementation of CPM solutions is enabling the consolidation of documents from disparate entities and significantly decreasing time wastage. Also, with solutions that incorporate data analytics, construction companies can now make well-informed decisions and predict the overall budget required in order for the completion of a project. Further, CPM solutions are maximizing the efficiency of a construction undertaking by driving collaboration with cloud-based communications. At the same time, CPM solutions that leverage machine learning are assisting enterprises by automating the assessment of construction quality and safety issues, enabling teams to quickly prevent catastrophes, and avoid downstream problems that maximize costs and schedule delays.
Looking ahead, with the growth of tech-based tools designed specifically for the construction industry, the management of projects is slowly heading toward a metamorphosis. Because of this transition, project managers may begin eliminating boardroom meetings and lengthy back and forth emails in favor of CPM solutions. Moreover, owing to the accessibility to real-time updates on the status of numerous project-related tasks and changes, a majority of construction companies are moving their project management processes online.
In today’s digital ecosystem, therefore, it has become critical for CIOs to choose proper technology and select best vendors that are at the forefront of efficiently tackling the challenges across the construction sector. To help CIOs negotiate this now burgeoning landscape, Construction Tech Review’s distinguished panel comprising of CEOs, CIOs, VCs, industry analysts along with its editorial board have reviewed the top project management solution providers and shortlisted the ones spearheading the charge towards fulfilling the urgent demands of the industry. The listing offers a look at how these solutions are utilized, thereby enabling business leaders to gain a comprehensive knowledge as to how they can strategize growth.
In this edition of Construction Tech Review, we present to you the “Top 10 Project Management Solution Providers – 2019.”
