Page 90 - DIGITAL ISSUE MAY 2018

SPECIAL FOCUS: CONSTRUCTION & PROJECT MANAGEMENT SOFTWARE
e real time visibility: Arti cial Intelligence Will Rule: Emotional Intelligence Will Lead the
e collaboration of various aspects of the Artificial intelligence systems that have Way:
projects along with a facility to gain real- emerged in project management so ware It’s no longer necessary for project managers
time visibility is possible through Bentley’s trends are a great help in interpreting to possess only hardcore technical skills –
ProjectWise Construction Management organisational data, and there is de nitely it’s the age of emotional intelligence and
so ware. going to be a massive boom in the internet modern project teams will need to score
is so ware helps in the elimination of of things implementation projects. high on this internal competency! 2018
paper-based documentation and repetitive e Internet of ings, machine learning, is going to focus on developing emotional
manual tasks to reduce the turnaround time and arti cial intelligence are the buzzwords intelligence capabilities in project
for project communications, such as RFIs that will reign supreme in 2018 – management teams – in today’s work
and submittals. transforming project management so ware environment it is essential for managers
e so ware also helps in providing easy trends to the highest levels of automation to be adept in relationship building,
access to data and control the flow of and e ciency! team development, collaboration, and
information. These ground-breaking technologies are negotiation. Project managers’ function
going to change how project management in complex environments, hence it is
Manage project portfolio: is e ectuated in a number of industries. imperative for them to remain in control
Strategic PPMS offers a comprehensive It’s going to completely automate a number of their emotions to harness the best work
functionality of WBS Estimations, of existing project management so ware quality from their teams. A high level of
Planning, Scheduling, Execution, Control trends processes such as matching talent emotional intelligence has proven to lead
and review. to tasks, reducing calculations for level- to streamlining of work processes, problem-
With this software, users can manage of-e ort (LOE), providing a hub spot for solving and timely delivery of projects.
multiple projects with the help of an knowledge management, and creating It can also help senior managers coach
optimum level of resources. The PPM reports with absolute objectivity. their subordinates to extract maximum
so ware can bring in project modeling with 2018 is surely going to be the year that engagement and efficiency from them.
the help of work breakdown structures and commercially accessible IoT- and AI- 2018 is the year to channelize emotional
activities. enabled project management software intelligence in your workforce and
The users can estimate cost of project trends will actually become a ordable- so position yourself for success in any project
activities or Bill of uantities (BOQ’s) in make to invest in the best! management role!
terms of materials, labour and equipment
Wearables Tracking So ware To Enhance Market trends in construction
FUTURE TRENDS OF SOFTWARE Project E ciency: management so ware:
e Mobile Revolution: In the coming year, we are going to witness Research and Markets has announced
It is the age of business dynamism, and a dramatic rise in the usage of wearables by the addition of the "Global Construction
the modern project manager wants to organizational employees’ and this will Management Software Market 2016-
have access to information on the move! lead to a huge optimisation of project 2020" report to their o ering. e global
Everyone is nowadays hooked on to their e cacy levels! Various so ware is being construction management so ware market
smartphones and mobile devices can now speci cally designed to monitor the usage to grow at a CAGR of 14.96 per cent during
be utilized as an essential communication of organizational wearables such as RFID the period 2016-2020. e report covers the
apparatus. e new age project management badges and it will help management keep present scenario and the growth prospects
solution can now be leveraged to provide track of daily transactions and monitoring of the global construction management
access to real-time data, while team members tra c ow in speci c areas of a building. so ware market for 2016-2020. e report
are traveling to o ce or construction sites. Project management software trends considers the revenue generated from the
at is a valuable feature that saves a lot of will become smarter as it will be able to sales of construction management so ware
time, keeps the productivity levels at an track employees in the real-time, thereby and services. e revenue from services is
all-time high! Team directories, chats and making sure that the workforce is at their earned from the fee charged for consulting
discussion forums make sure all members designated place of duty during work in design methodology, and support and
remain connected to each other throughout hours. deployment. e revenue from maintenance
the day, which enhances the quality of Project management System trends will be is earned from the periodic fee associated
organizational decisions. e best project enabled to ascertain personnel movement with so ware updates.
management software trends apps are through wearables such as smartwatches, A trend which has contributed to market
loaded with sophisticated features that will chip implants, sensors in clothing and ID growth tremendously is the demand for
keep all your project management teams badges. construction management so ware in the
working e ciently regardless of where they is new customized so ware is de nitely APAC region. e increase in growth of the
may be at any given time. 2018 is the year going to rule the modern futuristic construction market in China and Japan
of the mobile movement and your project workplace and you need to harness this will contribute to the growth of the global
management teams will be able to gain transformational technology in the coming construction management so ware market
access to the click of a button! year 2018. during the forecast period.

96 CONSTRUCTION OPPORTUNITIES|MAY 2018