Construction innovations A glimpse of digital project management

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According to Reddy Kancharla, one of the most popular innovations in construction today is digital project management. This shift of project management to digital form has become possible through technological advancement. Specifically, the innovation is that while traditionally project management has been conducted on paper, information can be easily entered into digital form and uploaded to any computer.

However, there are still some barriers to overcome in the construction industry before digital project management becomes more widespread. For example, many companies still rely on paper-based plans. That's the main reason why construction project management is still in a transitional phase.

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Although this industry is slow to adopt new technology, some companies have succeeded in establishing digital project management as an integral part of their business model.

For instance, the company Perspica has developed software to help with construction project management. The program is based on big data technology and uses advanced metrics for analytics. It's designed to improve cost estimate accuracy, track progress, optimize resources and monitor change orders.

This type of digital project management is just one example of how innovative technology can better manage a construction project. However, Reddy Kancharla points out that managers in the industry need to understand what digital project management means and how it can be applied before they start implementing new technology on existing projects.

For more updates, visit this Reddy Kancharla blog.