The construction industry is at the cusp of a new era, with numerous companies creating new applications and tools that are changing the way projects are designed, planned, and executed. Technology is transforming the industry itself and helping engineering, design, and construction companies to imagine, create, and build the spaces, structures, and cities of tomorrow. Alongside, they are also aiding firms to achieve operational efficiencies by reducing costs while improving margins. However, in the midst of all this, there are also several complexities that construction firms face with regard to project management, cost estimation, value engineering, scheduling, risk management, and more. As soon as the journey for a new building project begins, there are a few questions that the team handling the project should ask themselves: ‘What is the first step that we need to focus on?’ ‘What type of building permits will be necessary?’ ‘What could be the total cost of the project?’ ‘How long will the project take?’ ‘What type of challenges might emerge during the building process?’
From project initiation to closure, there has to be a solid collaboration between the various agents and good team coordination. Project management, for one, is a complex process that deals with five phases: initiation, planning, execution, performance monitoring, and closure, and there are several obstacles that can hinder this. Undefined goals, poor communication, impossible deadlines, resource deprivation, and lack of stakeholder engagement are some of the roadblocks. Cost estimation is another major challenge in the construction space. Starting from the price of labor to the mounting cost of materials, construction estimators have a number of factors to reckon while determining the price of a project.
That being said, construction procurement, which enables safe delivery of goods and services at the right price, at the right time, and at the right quality is also undergoing a massive shift as it attempts to control costs, solve communication problems, and ensure adequate profitability for contractors. What companies need is a partner that can take care of all of these complex operations, and help them find an optimal approach for the project upfront. A team of qualified workers and partners that can control every aspect of the project to ensure it lives up to the client’s exceptional standards.
With numerous market players offering innovative construction services, it becomes difficult for organizations to choose the best service provider that suits their specific requirements. Factors such as quality, value for money, support services, and reliability, all play a vital role in choosing the most apt service expert.
With a comprehensive view of the different construction services, this edition of APAC CIO Outlook brings to you the leading construction consulting and service companies. A distinguished panel comprising CEOs, CIOs, VCs, and analysts, along with APAC CIO Outlook’s editorial board has assessed several construction service companies and shortlisted the ones that are distinctively prominent in the field. The companies listed here showcase extensive business knowledge and exhibit competence in delivering innovative services that meet the needs of the customers.
We present to you APAC CIO Outlook’s “Top 10 Construction Consulting /Service Companies – 2019.”
