Construction Industry is a process-oriented industry in which level of automation is pretty low. Due to increase in competition and customer demand, the construction companies are forced
to take up this path of restructuring so that they
can better respond to various internal and external
environmental factors. Lets examine the critical
success factors associated with the
industry.
-
Technology Affinity: Process automation is
regarded as the best way to enhance construction
activities to yield efficiency, effectiveness
and business performance. Software is the only enabler.
-
IT Investment: The degree to which the
investment in IT is yielding returns is also
important. There are innumerable cases of
construction companies leapfrogging into the
technology domain with wrong solution and
then incurring heavy losses due to
non-compatibility.
-
Project Management Maturity: Maturity
of the company regarding projects is an
important factor. Due to inherent uniqueness
of the construction projects, its necessary for
the companies to replicate successful processes.
-
Client Relationships: Most of the
construction companies have repeat orders from
clients. Its very important to have an excellent
relationship with the clients in order to get
new projects from them. The three important
parameters are risk management, change
management and timely delivery.