Construction businesses have faced unprecedented demand for their services in the last decade. Despite this, many find it difficult to remain profitable and generate revenue proportionate to the amount of work they do. As business operations become more challenging, good project management practices become indispensable.
Research shows that the construction industry has underperformed for the last two decades, with time and cost overruns becoming regular occurrences. Project managers in the construction sector face unique operational challenges, and the pandemic has only exacerbated them. Fortunately, there are tools that can help.
In this article, Tom Stemm – Founder/CEO of Ryvit – explores:
- Common project management challenges faced by construction companies
- Why you need integrated project management software