The need of hour of every construction industry is to acheive a balance between quality and costs throughout the integration of the entire supply chain including clients, professional advisers, designers, contractors, sub-contractors and suppliers of materials to manage risk, to develop designs which improve the "buildability" and value of projects, to encourage innovation and to drive waste out of the process.
Construction industries are suffering from capacity constraints, lack of trained manpower and managerial skills with performance much below international level. Contract agreement continues to be heavily loaded in favour of client/owner. Quality, safety, environment and social aspects are also not being addressed properly in India.
Looking into starving of finance in Construction industry, the need for widespread implementation of good practice now has a greater degree of urgency to maintain a better relationship between clients and the entire supply chain.
UK Construction industries too faced a "STARVING of FINANCE", but managed their business by project way and improvised :
- Time and Cost predictability by 30%
- Quality by 33%
- Higher productivity by 29%
- Client satisfaction by 33% and
- Higher profitability by 35%
The process of integrity should reduce the overall costs of the construction throughout its whole life, lead to fewer accidents, provide greater certainty of project time and budgeted costs and result in more sustainable construction.
YOU may also improvise your WBS (work break-down structure) with better productivity, performance and technology. Mr Adesh Jain, President, International Construction Project Management Union (ICPMU) facilitating a 3rd two day workshop on Infrastructure Project Management in 5 locations now stated:
- Mumbai [25-26 July], Taj Mahal Palace
- Kolkata [28-29 July], Taj Bengal
- New Delhi [30-31 July], Hotel Le Meridien
- Chennai [1-2 Aug], Taj Connemara
- Hyderabad [4-5 Aug], Taj Krishna
" Build Your Organization by Project Management. "
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