The construction sector is highly important for the national economy. The projections for 2019 are positive, and the increase in the sectoral GDP was due, in large part, to public investment.
The construction sector’s GDP grew by 5.7% in 2018. This represents its best performance in the last five year-on-year periods. The growth also meant an increase in the level of operations of the companies in the sector, driven mostly by public investment, which grew by 9.9%.
A sector that grows and evolves needs professionals prepared to structure, implement and control project planning. Adequate preparation is essential for a professional to face these challenges. Learn in this article why pursue a Postgraduate Diploma in Construction Management.
New trends in planning methodologies
Construction sector projects must manage their resources efficiently to avoid losses and maximize results. The Lean Construction methodology with BIM technology is key to this process.
The concept of Lean Construction comes from the principles of Lean Manufacturing. This methodology aims to produce what is necessary at the right time and in adequate quantities. That is, produce at the lowest possible cost.
BIM (building information modeling) technology is an information modeling program for buildings. This technology supports Lean Construction since it presents the data of the construction process in virtual 3D models. In this way, the real project can be visualized, including information such as geometric space or quantity of materials, and thus be able to determine costs, delays, or difficulties.
The Diploma Of Building And Construction from Orange College will give you the skills to apply Building Management to your projects and ensure their quality.
Efficient Labour Management
Another characteristic that makes this sector important is its intensive use of labor resources. Construction also activates other productive activities such as metal mechanics, the glass industry, and various trades such as plumbing, glass, carpentry, painting, etc.
In a Diploma in Construction Management, you will acquire the skills to manage all the project’s direct costs, such as the base cost of labor, materials, and equipment, and, above all, to make a distribution and planning of time.
The thermometer of the economy
Another characteristic of the sector is that it shows us when public or private investment increases since it reacts immediately to changes. Its importance is so great that even the indicators of the sector, such as the consumption of cement and iron and the number of licenses, also serve as indicators that predict the future behavior of the GDP.
A sensitive sector needs highly trained professionals with negotiation, management, and planning skills. The construction sector is transcendental in the economy of our country.
During the Diploma, you will be able to develop a global vision of the construction business, you will know how to apply solutions to the problems of the sector, and you will be able to apply management methodologies for efficient decision-making.
Now that you know more about the construction sector and why it is important to obtain the necessary skills to manage it properly, you can take the next step and learn more about the Diploma in Construction Management.