The future of the construction industry and the implications for construction project management and education

Abstract

<p>Developing an understanding of the future is an important aspect of every planning process; planning in the construction industry is no different. Construction is an industry that is very closely linked to the economy and society as a whole. As such, when developing an understanding of the future of the construction industry, it is important to understand the future of the economy and society as a whole. This document puts forth visions for the construction industry based on an understanding of economic, social, and environmental factors. The world is at an interesting crossroads. There are great problems being faced throughout the world while simultaneously amazing new tools are being developed. The construction industry has often been characterized as a fragmented industry that is slow to change. Given the state of current and probable future affairs, the construction industry may begin to experience change at unprecedented levels. It is important for organizations within the construction industry and institutions for construction education to remain constantly cognizant of the state of the future. This study provides a look into the future and serves as a foundation for additional research into the future of the construction industry.</p>