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What is Construction Management?
Construction Management is management of the development, conservation and improvement of the built environment.
It may involve all or one of above disciplines.
It is also termed as Construction Engineering Management or Construction Project Management
- Built environment refers to “the human-made space in which people live, work, and recreate on a day-to-day basis”.
- Development refers to planning, design, & construction.
- Conservation refers to maintenance, adaptation & restoration.
- Improvement refers to evaluation and recycling of the built environment.
Construction sector has three key segments:
- Buildings, falling into any of the categories: residential, commercial, institutional and industrial.
- Infrastructure such as road, rail, dams, canals, airports, power systems, telecommunication systems, urban infrastructure including water supply, sewerage, and drainage and rural infrastructure.
- Specialized activities such as carpentry, painting, plumbing, and electrical work.
Why Management program / PGDM in Construction Management?
The construction industry in India employs nearly 320 Lacs people and its total market size is estimated at Rs. 2,48,000 crores. With high stakes in the industry, it needs to be governed / managed properly.
Usually, the mangers in construction industry are technocrats having conventional working experience without much of managerial or other skills training. There is lack of trained manpower with managerial, analytical & reasoning skills. Also quality, safety, environment and social aspects are not addressed appropriately.
What is PGDM in Construction Management?
- It is managerial skill development program in the field of Construction Management.
- The program prepares students to become effective managers and decision-makers.
- The program focuses upon analyzing and improving construction processes.
- The program bridges the gap between theory & practical knowledge of experience technocrats by getting to know the advanced management principles.
- The program prepares students to manage and direct construction projects in the increasingly global construction industry.
- The program prepares students for a variety of positions in the construction industry & facilitates an accelerated growth into managerial positions administrating the Electrical, Mechanical & Civil construction work.
What are Program Outcomes?
At program completion, Technocrats should be able to:
- Use the techniques, skills and modern tools in construction management to practice effectively in industry.
- Identify, formulate, solve and evaluate construction management problems.
- Apply skills to plan and manage people, systems and resources.
- Undertake action research independently and develop clear report writing skills.
- Function and communicate effectively in multi-disciplinary teams.
- Ensure effective management of execution & efficient operations within requirements of regulatory & Governance framework.
- Deal comprehensively with legal & contractual issues of construction projects.
How PGDM Construction Management is offered at Ramanujan?
The program is designed not to develop Masters in Management (theoretical subject) but managers having need based knowledge related to analyzing and improving business processes. Program focuses on courses which are relevant to improving day to day working of managers and works as a bridge between their practical knowledge and need based theory.
Program is divided into 2 parts i.e. Core & Sector Specific . The core program consists of 17 courses, out of which 5 are offered in the second year. The core program focus upon general management & leadership courses i.e. Human Resource Management, Finance & Account Keeping, Economics, MIS, Operations Management, Research, leadership & entrepreneurship skills etc.
The construction sector specific program consists of 6 courses, offered during 3rd & 4th semesters. The courses emphases upon Project Management, Construction Laws & Regulations, Contracts & Negotiations, Resource Management, Material & Machine Management, Quality & Safety issues in construction industries.