Monday, June 27, 2011

BuildSystem : Demos

BuildSystem and Construction Industry

BuildSystem and Construction Industry

The last decade has seen our country take giant strides in development. Infrastructure and construction industry are integral part of this development process. The 10th Plan envisages a growth of 8% in the GDP. This requires development of infrastucture projects in power, road (highways and rural road connectivity), telecommunications, petroleum exploration and refining, railways, irrigation sectors, etc. at a faster pace. The role of the construction industry in the infrastructure development is well recognised. It is imperative that the performance of these industries should be not only at par with the technological advances, but also match the efficiency of the modern management practice.

Another important factor is the integration of the Indian economy with the global economy, through the processes of liberalisation and globalisation. This has enabled many multinational organisation to participate in the process of development, both directly and in collaboration with local firms. In this context, the need for a level playing field,common and consistent parameters, reliable cost databases cannot be overlooked. The Government's objectives of minimising time and cost overruns, maximising quality and optimising the utilisation of resources can be achieved through standardisation of cost estimation procedures.

In this background, the publication BuildCOST: Building Construction Cost Data (Book + CD), is a welcome step. For an industry, which has largely relied on an unorganised schedule of rates, this would be a giant leap forward. This book has itemised works under 16 divisions, based on the internationally accepted MasterFormat system, which most of the multinationals currently operating in India are familiar with. The 16 divisions cover the entire range of activities in the construction industry, including electrical, mechanical and air-conditioning, amongst others.....read all about 
BuildSystem and Construction Industry