The Construction Industry: The Way Forward

Description

This final course in the specialization provides an introduction on types of the construction projects as well as the main concern of the productivity challenge in the construction industry. Through case studies, you will learn the industry characteristics and its unique environment that led to such productivity performance as well as touch base on other several examples of challenges we are facing internally in the industry.

In the 2nd part of the course, Professor Odeh will give an overview of 10 mega trends that are making us change the way we think about construction. Furthermore, Professor Odeh will discuss the main role of three levels on what needs to be done: an industry collaborative effort and role; a government role; and last but not least a company role. In this discussion, Professor Odeh will also touch base on several technological and innovative trends that are rising in our construction industry.
By the end of this course, you will be able to:
-Understand the overall history of construction industry
-Analyze the optimal ways to respond to the opportunities and challenges brought by current industrial trends such as aging infrastructure, climate change, sustainability trends and tools, the rise of urbanization, and an aging/shrinking workforce
-Recognize the importance of collaborating with governments and public officials in pursuit of industry transformation
-Comprehend the rising technological trends in the AEC industry and give examples of how to apply technology to the construction industry

What you will learn

Introduction

Welcome to the course. In this module Professor Odeh will give an overview of the construction industry and its history. This will be followed by an exploration of the various characteristics of the construction industry globally as well as common internal challenges.

Trends in the Construction Industry

The second module highlights ten examples of trends that are reshaping the way we deliver construction projects, such as: aging infrastructure, climate change, sustainability trends and tools, the rise of urbanization, and an aging/shrinking workforce. Along the way, you’ll learn the optimal ways to respond to the opportunities and challenges brought by these trends respectively.

Transformations Needed: Industry and Government Level

In this module, Professor Odeh discusses the way forward for the construction industry based on his work with the World Economic Forum. Moreover, Professor Odeh will discuss the importance of collaborating with governments and public officials in pursuit of industry transformation.

Transformations Needed: Companies Level

This module builds on the previous one by digging deeper into the role of companies at the AEC industry by covering the areas of innovative strategy, dealing with the workforce dilemma and culture, as well as business operations and processes.

What’s included