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MBA in Construction Management: Overview, Career Scope and Crucial Functions

Construction management is a professional service that uses numberless techno-scientific project management…

MBA in Construction Management: Overview, Career Scope and Crucial Functions

Construction management is a professional service that uses numberless techno-scientific project management techniques to manage a particular project’s planning, design, and construction. From concept to delivery, construction management professionals who often have an MBA degree earned from the best MBA colleges in Uttar Pradesh play a crucial role in the entire process. 

This blog is an attempt to shed light on career opportunities after an MBA in Construction Management from any of the top MBA colleges in UP

What is Construction Management?

Construction Management or Construction Project Management (CPM) involves each aspect associated with a particular project, right from the planning, coordination, and control to the final delivery. CPM aims to meet all the client’s specific requirements while delivering the project economically and functionally viable. The individuals with an MBA degree in construction management from the top MBA colleges in U.P are chosen for this job where they, as construction managers, perform the following duties:

  • Managing and supervising contractors and workers at the construction sites
  • Meeting and discussing projects with architects
  • Discussing the project-related issues with specialized trade employees
  • Working closely with civil engineers keeping in view the project and upcoming builds
  • Addressing any emergency, looking into work delays, and other issues affecting the construction process. 

A construction manager can be distinguished based on his knowledge of the construction site. This may include:

  • A wide variety of equipment used to carry out the construction process
  • Modern building construction techniques
  • Materials used
  • Contractors and subcontractors
  • Existing and upcoming project locations.

Construction Management as a Career Option

With the rapid growth of urbanization in metro and mini metro cities across the country, construction management has emerged as one of the top branches of management for a bright and futuristic career. The sector creates more jobs yearly than any other popular management branch. In 2021 and beyond, construction management will be the best career option for management professionals with an MBA degree earned from the best MBA colleges in Uttar Pradesh and civil engineers and architects. 

Construction Management, also known as Construction Project Management (CPM), is an important part of the construction industry, comprising 5 major sectors that include the following:

  1. Residential
  2. Commercial
  3. Heavy Civil Engineering
  4. Industrial, and
  5. Environmental

Why pursue an MBA in Construction Management?

The construction industry is currently witnessing a sea change in how it works and moving towards its version 4.0, which is a giant leap toward greater digitization. The industry is going for:

  • Adoption of prefabrication
  • Automation
  • 3D Printing
  • Virtual reality
  • Drones, sensors, robots, and
  • Lots of data.

The industry has adopted all this to make better decisions for better work culture, quality of work, and of course, a better future. CPM 4.0 is a new benchmark curriculum for an MBA in Construction Management that is currently being taught to students at some of the best MBA colleges in Uttar Pradesh. The curriculum includes:

  • Building Information Modeling (BIM)
  • Artificial Intelligence (AI)
  • IoT
  • Big Data
  • BlockChain, and
  • The latest project management software etc. 

To keep pace with the industry as per the new-age work styles and to live up to the expectations of their employers, a professional qualification from the best MBA colleges in Uttar Pradesh is necessary for those interested in entering the field of construction management.

Some Crucial Functions of Construction Management 

Project Management Planning

In the project management planning phase, a construction manager is responsible for defining plans and objectives of the project with a detailed description of the scope, preparing budgets, scheduling certain things, predetermining the performance-related requirements, and choosing the project participants.

Along with it, a construction manager must also keep a close eye on the duration the workers accomplish each activity. Strategic planning is the key to the success of a project. There is an independent course module concerning the PMP taught to students pursuing MBA in construction management in the best MBA colleges in Uttar Pradesh.  

Cost Management

As a construction project manager, it is necessary for any individual to thoroughly understand the cost-related aspects associated with a particular project. Project managers:

  • Estimate and calculate budgets to determine the total costs and the returns expected from the particular project they are involved in
  • Prepare budgets as per their understanding of the project and build the payment table
  • Maximize the efficiency of the resources by procuring labour, materials, tools, and equipment. 

Time Management

Time management in construction is one of the most important skills every professional should have. To a large extent, the timely delivery of any project depends on the project manager’s ability to use time wisely and efficiently.Some of the best MBA colleges in Uttar Pradesh that offer an MBA in Construction Managementlay additional stress on students’ time management skills through innovative pedagogy. 

Safety Management

Safety management is one of the most important aspects of the construction industry. The project managers need to analyze and recognize all the safety hazards concerning each construction activity. They must implement all safety protocols with utmost care and concern by ensuring that all personal safety tools are in place. They are solely responsible for preventing injuries to each worker and bystander at the site. 

Concluding Remarks 

GLA University is one of the leading educational institutions having an unmatched reputation among the best MBA colleges in Uttar Pradesh. The unique MBA program in construction management offered by the university prepares students to excel in the role of a project manager, working in a team, often as a team leader.  The university understands that today’s business environment is characterized by dynamic uncertainties and complexities that have made the work of managers and organizational leaders extremely challenging. Therefore, the curriculum of MBA Construction Management at GLA University blends theoretical and applied modules with a focus on real estate and urban infrastructure management.

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