Role of Artificial Intelligence in Construction Project Management

The construction business currently contributes 13% of the world's Gross Domestic Product (GDP), and it is anticipated that by the year 2030, its value would have increased by 85%, reaching $15.5 billion globally. China, the United States of America, and India are the three countries that are m...

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Main Authors: Korke Pavankumar, Gobinath R., Shewale Manisha, Khartode Bhagyashree
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/42/e3sconf_icstce2023_04012.pdf
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author Korke Pavankumar
Gobinath R.
Shewale Manisha
Khartode Bhagyashree
author_facet Korke Pavankumar
Gobinath R.
Shewale Manisha
Khartode Bhagyashree
author_sort Korke Pavankumar
collection DOAJ
description The construction business currently contributes 13% of the world's Gross Domestic Product (GDP), and it is anticipated that by the year 2030, its value would have increased by 85%, reaching $15.5 billion globally. China, the United States of America, and India are the three countries that are most responsible for the demand in the building business. Keeping subcontractors, contractors, designers, clients, and other parties routinely supplied with vast amounts of information has been one of the most challenging difficulties in the construction industry. The application of Information Technology (IT) has significantly contributed to the integration of disparate pieces of information within the context of widely dispersed construction projects. The construction sector, including the full construction value chain, is presently going through a period of transformation. The amount of money that is being invested into Artificial Intelligence (AI) is rising at a rate that is almost impossible to keep up with. Because of this, there is the potential to enhance the productivity of human work by forty percent and double the annual rates of economic growth by the year 2035. This research presents a discussion of the numerous methodologies that have been researched by the researchers along with a review of the artificial intelligence that is used in the construction industry, specifically Construction Project Management. Additionally, this research offers a review of the artificial intelligence that is utilized in the construction business.
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spelling doaj.art-607e9ffc48ac4a18b1bde31093dab3322023-08-02T13:18:12ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014050401210.1051/e3sconf/202340504012e3sconf_icstce2023_04012Role of Artificial Intelligence in Construction Project ManagementKorke Pavankumar0Gobinath R.1Shewale Manisha2Khartode Bhagyashree3Research Scholar, Department of Civil Engineering, SR UniversityResearch Scholar, Department of Civil Engineering, SR UniversityDepartment of Civil Engineering, Dr. D Y Patil Institute of Technology, Pune and Research Scholar, SR UniversityDepartment of Civil Engineering, Dr. D Y Patil Institute of TechnologyThe construction business currently contributes 13% of the world's Gross Domestic Product (GDP), and it is anticipated that by the year 2030, its value would have increased by 85%, reaching $15.5 billion globally. China, the United States of America, and India are the three countries that are most responsible for the demand in the building business. Keeping subcontractors, contractors, designers, clients, and other parties routinely supplied with vast amounts of information has been one of the most challenging difficulties in the construction industry. The application of Information Technology (IT) has significantly contributed to the integration of disparate pieces of information within the context of widely dispersed construction projects. The construction sector, including the full construction value chain, is presently going through a period of transformation. The amount of money that is being invested into Artificial Intelligence (AI) is rising at a rate that is almost impossible to keep up with. Because of this, there is the potential to enhance the productivity of human work by forty percent and double the annual rates of economic growth by the year 2035. This research presents a discussion of the numerous methodologies that have been researched by the researchers along with a review of the artificial intelligence that is used in the construction industry, specifically Construction Project Management. Additionally, this research offers a review of the artificial intelligence that is utilized in the construction business.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/42/e3sconf_icstce2023_04012.pdfartificial intelligence (ai)construction project management (cpm)data- driven management information technology (it)
spellingShingle Korke Pavankumar
Gobinath R.
Shewale Manisha
Khartode Bhagyashree
Role of Artificial Intelligence in Construction Project Management
E3S Web of Conferences
artificial intelligence (ai)
construction project management (cpm)
data- driven management information technology (it)
title Role of Artificial Intelligence in Construction Project Management
title_full Role of Artificial Intelligence in Construction Project Management
title_fullStr Role of Artificial Intelligence in Construction Project Management
title_full_unstemmed Role of Artificial Intelligence in Construction Project Management
title_short Role of Artificial Intelligence in Construction Project Management
title_sort role of artificial intelligence in construction project management
topic artificial intelligence (ai)
construction project management (cpm)
data- driven management information technology (it)
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/42/e3sconf_icstce2023_04012.pdf
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