RESOURCE OPTIMIZATION IN CONSTRUCTION

In the light of increasingly challenging business environment, construction companies are taking a closer look at their operations, searching for untapped profit-boosting opportunities and new source of competitive differentiation. Many executive are discovering various processes for effective management of refocuses used in the construction industry; this is referred as construction resource management. Therefore it is one of the most important aspects of construction project management in today’s economy because the construction industry is resource-intensive and the cost of construction resource have steadily raised over the last several decades. The aim of the study is to estimate the influence of various factors in the productivity of resource used in construction project. The main focus has been kept in identifying the various factors affecting the productivity of manpower, material and machines used in construction industries, so that a well-defined correlation between resources and their productivity can be established. This management system will help in utilizing the construction resources in efficient manner, so that the construction project can be completed in time with framed budget.