The Blueprint #01: Construction Careers, The Future of Project Management, 2023 Events
Hello, readers, and welcome to the first edition of The Blueprint - your monthly digest for great news, data, trends, and ideas coming from the built environment.
Every month I send out a construction industry market update worth knowing. What is happening in construction, and why? How is the market and technology changing? What does this mean for hiring managers and for those navigating their careers? I cover patterns and trends heard within the built environment so you can stay up to speed on all of the opportunities out there.
This month, we look at careers in the construction industry, the future of project management, and see what new construction trends are gaining traction. Read on!
As always, please share what you are reading and listening to, and what you think may be missing from this month’s installment. I read every comment, and the top recommendations just might appear in next month’s edition.
NEWS
7 Projects to Watch in 2023
A number of the country’s largest construction projects are set to hit major development milestones in 2023.
Priced from the hundreds of millions to the tens of billions, these developments-in-progress are notable for their size, impact and importance to their respective sectors. They include an NFL stadium, a major airport expansion and a massive manufacturing plant. Below are just a few of the projects Construction Dive is planning to keep an eye on in the year ahead:
CAREERS
The Future of Construction Careers: Trends to Watch in 2023 and Beyond
As technology and automation reshape the construction industry, job seekers wonder what the future holds.
The growth of technology in construction is having a significant impact on the careers of construction professionals. For many, technology is providing new opportunities for growth and innovation. For those with a passion for design and a love of creating, careers in architecture and construction provide a unique blend of art and engineering to create functional, aesthetically pleasing buildings.
It is also changing the skills and competencies required for many construction job titles, with many positions now demanding a higher level of technological proficiency. Individuals interested in careers in architecture and construction must have a combination of technical skills, creativity, and project management experience.
TECHNOLOGY
How AI Will Transform Project Management
Only 35% of projects today are completed successfully. One reason for this disappointing rate is the low level of maturity of technologies available for project management. This is about to change.
Sometime in the near future, the CEO of a large telecom provider is using a smartphone app to check on her organization’s seven strategic initiatives. Within a few taps, she knows the status of every project and what percentage of expected benefits each one has delivered. Project charters and key performance indicators are available in moments, as are each team member’s morale level and the overall buy-in of critical stakeholders.
NETWORKING OPPORTUNITIES
For 2023, more of the construction industry’s major conferences, meetings and other events are looking to return to their in-person roots.
Take a look to see what the road ahead looks like for 2023’s biggest industry events. Please check conference websites linked below for more information and the most current schedule.
Share the The Blueprint
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Do you know any owners, architects, engineers, contractors, or co-workers who would benefit from receiving insights on the construction market.