Top 10 Emerging Project Management Solution Companies - 2021

In 2020, COVID–19 has caused unprecedented disruption for the construction sector. None the less, this also compelled several stakeholders to embrace modern practices. The pandemic has changed the way people are likely to react and conduct themselves, be it in personal or social life, or in business. Thus, the way organizations build is also undergoing an unforeseen transformation – in terms of planning, procurement, and execution. While various business sectors were ordered to close momentarily, to flatten the curve of COVID-19 outbreaks, construction was largely deemed essential and carried on.

Moreover, raising efficiency while ensuring the workers’ safety on the job site has always been the top priority of construction project management solutions and service providers. Similarly, cloud-based and virtual project management platforms promptly emerged as a possible way to reach this goal. Even though some firms had already adopted this tool to their business, they become essential for managing a project, especially during this time where remote management is more advocated. Cloud-based project management software has enabled managers to migrate most in-person tasks and activities to a digital format. At present, almost all components of a job can be made convenient through a phone or tablet. Even the contractors and subcontractors can easily access updated blueprints, photos, and videos while also scheduling tasks remotely, restricting how many workers are needed on-site and shorten the time they need to be there. Through the new age project management solutions and services, managers can track the construction’s progress and mitigate issues in a day without leaving their offices and homes’ comfort. Besides, the use of AI will also improve construction planning, sequencing, and task management. It could also perfectly identify possible clashes, delays, and changes within the construction process. In these times of uncertainty, AI can be used to obtain centralized and consistent inputs, for building design, project risk, cost overruns, labor shortage, construction safety, etc. With the continuous decline in the labor force at construction sites, mechanized equipment will increasingly be used, to deliver projects with high quality and within the specified time and cost. On the other hand, 3D scanning has the potential of documenting and capturing the data of any built structure accurately, which can then be used for review and analysis. It can also be successfully used in tracking the physical progress of the building, as it establishes a virtual walkthrough model of the constructed building. This too can be used to perform visual inspections, to identify defects, dimensional correctness, etc., from a remote location.

To gain the advantages of such technological advancements has compelled organizations to adopt project management solutions and services. This edition of Real Estate Business Reviewhas compiled a list of leading project management solution and service players to help companies navigate the best-of-breed service and solution providers. The enlisted organizations are transforming processes and services at the convergence of several disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you Real Estate Business Review “Top 10 Emerging Project Management Solution Providers 2021.”