Download PDFOpen PDF in browser

Ability to Create Construction Project Cost Estimates: Perception of the Global Academia

9 pagesPublished: May 26, 2024

Abstract

The construction industry employs 7% of the global workforce and contributes 13% to the global Gross Domestic Product. In the United States, it significantly affects the lives of a substantial portion of the population. However, the industry grapples with challenges such as declining productivity, workplace safety, and work disputes, necessitating the intervention of construction project managers. To identify training gaps and link qualified construction project managers with relevant projects, it is necessary to understand the competencies required for construction project managers. Through a study, we identified 21 skills necessary for construction project managers and their associated knowledge areas and personality characteristics. To gauge the importance of these competencies, we developed a survey including 672 ranking questions, and proposed an innovative design framework for dividing the lengthy questionnaire to present 21 ranking questions to each participant randomly and evenly. Next, we collected the data from 2,016 academics in relevant fields worldwide. This paper highlights how crucial each knowledge area/personality characteristic is for the ability to create construction project cost estimates. The findings can assist the construction academia in directing their efforts toward key competency development areas, scaffolding courses, and planning curricula to the real needs of the worldwide workforce.

Keyphrases: construction project management, cost estimate, knowledge, personality characteristics, Skill

In: Tom Leathem, Wesley Collins and Anthony J. Perrenoud (editors). Proceedings of 60th Annual Associated Schools of Construction International Conference, vol 5, pages 229--237

Links:
BibTeX entry
@inproceedings{ASC2024:Ability_to_Create_Construction,
  author    = {Fatemeh Pariafsai and Sadjad Pariafsai and Manish Dixit and Stephen Caffey and Bryan Lunt},
  title     = {Ability to Create Construction Project Cost Estimates: Perception of the Global Academia},
  booktitle = {Proceedings of 60th Annual Associated Schools of Construction International Conference},
  editor    = {Tom Leathem and Wes Collins and Anthony Perrenoud},
  series    = {EPiC Series in Built Environment},
  volume    = {5},
  pages     = {229--237},
  year      = {2024},
  publisher = {EasyChair},
  bibsource = {EasyChair, https://easychair.org},
  issn      = {2632-881X},
  url       = {https://easychair.org/publications/paper/7Mcq},
  doi       = {10.29007/tm7w}}
Download PDFOpen PDF in browser