Baltic Journal of Real Estate Economics and Construction Management (Jan 2024)
A Framework for Enhancing Project Management Competency in the Construction Sector
Abstract
The success of the construction sector is dependent on its diverse workforce and its role in driving growth. India’s economy is significantly tied to construction, especially residential and commercial projects. Effective project management relies on technical, knowledge-based, and soft skills. Realistic management techniques and stakeholder relationships are vital for success. The transition from construction to operations occurs during the handover phase. Developing project management competence is crucial in the midst of failures and delays. This study aims to improve Indian construction through a model developed through an online survey of civil engineering, architecture, and project management professionals. Factor analysis identifies key success factors grouped into project management competency, environmental factors, financial viability, operational efficiency, and structural safety. Recommendations involve the adoption of technology such as BIM, skill enhancement, and sustainability promotion, which can address sectoral challenges and support Indian construction growth. Further research is suggested for industries and global construction contexts. Insights are relevant for Indian construction professionals.
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