How we can help?

Construction Industry

Features of Construction Industry

Construction projects (activities) have some unique features with respect to other industrial projects. The construction industry is a unique industry with its own inherent complications that involves multiple stakeholders and agencies. Dependent on contractors and seasonal labor-force it has multiple linkages with other industries. Productivity and safety hazards are peculiar to this industry.


The conventional image of construction is an amalgamation of a series of manual and semi-manual activities. This concept is highly misleading. Construction projects, today, are high-tech, highly mechanised, and complex. A typical construction project is characterized by the consumption of numerous types of materials, variety of tools, equipment, plants and machinery working in tandem, several different contracting agencies, big and small, sub-contractors, petty contractors, vendors and suppliers, area specialists, consultants, supervisors and managers, each with independent organisational setups, participating with complex interactions, working in cooperation, sometimes even at cross purposes. In addition to this highly interactive and complex environment at a construction site, thousands of activities each of different nature are arranged simultaneously, many of them, sequentially or at random. Thus, the construction project today is much more complex than any other production process, manufacturing, or service industry.

Stakeholders in Construction Work

In general, there are three groups of stakeholders involved in a construction project, each group contributing a specific component, namely the owner group, the engineering group, and the construction group.

(a)  The owner group supplies the "need" of the project and the finances required to fulfill this need.

(b)  The engineering group consists of area experts like architects, structural designers, and construction managers. These area experts supply the specifications, method statements, designs, and schedules of the project and perform supervision and quality control functions.

(c)  The construction group consists of a matrix of contractors executing the various work packages.


In its most widely used context, construction covers the processes involved in delivering buildingsinfrastructure and industrial facilities, and associated activities through to the end of their life. It typically starts with planningfinancing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning.

Size of Industry

As an industry, construction accounts for more than 10% of global GDP (6-9% in developed countries) and employs around 7% of the global workforce - over 273m people. The output of the global construction industry was worth an estimated $12.8 trillion in 2019.


A business strategy is the means by which it sets out to achieve its desired ends.

If you have been selected for a business audit, here is what you need to know.

Restructuring your company could restore its viability and improve its liquidity position.


Marketing Research

Research helps you plan the best way to get your product from the manufacturer to the retail shelf. In addition to deciding which retailers should carry your product, you should determine where your inventory will be held.

Listen to your team

Go to your team, and tell them you want to make a fresh start. Tell them you want them to enjoy their jobs more and get more done.

Analyze the Problem

In this problem solving step, you will want to figure out what caused the problem, what the problem looks like at this moment, and the urgency of addressing the problem.