Faisal M Arain (EDT) Construction Project Management Research Compendium. Volume 6

Annotation

The construction industry has for many years been criticized for not developing consistent projects that are on time, within budget, and with high quality standards. Generally, failure to deliver successful projects has been considered in relation to schisms between design and construction, lack of integration, lack of effective communication, uncertainty, changing environments, and increasing project complexity. The rapid trend of globalization and technological changes have made it challenging for organizations to survive in the competitive world. Consequently, the importance of project management has been increased many folds. It is difficult to face the challenges in the present global construction business arena without being more agile, adaptive, and efficient. With the increasing trend for off-shoring and globalization, many organizations are taking advantage of geographically distributed skills, round-the-clock operations, and virtual teams.