Problematic trends for the future of project delivery in Australia

Please ensure the below is followed; – This 4000 word group report should describe and analyse problematic trends for the future of project delivery in Australia. The report should be based around issues such as industrialisation, digitalisation and globalisation of industry processes. With also a executive summary, contents page

Executive summary

The Australian industry of Architecture, Building, and Planning is an important component of the economy. The size, capital, and employment capacity make a pillar for the growth, development, and sustainability of other sectors. The industry has had a gradual growth since the 20th century, but faced economic challenges due to the 2007 global recession. Since 2008 the sector has recovered with new challenges emerging regarding industrialization, digitalisation, and globalization. Future delivery of projects will require timely, cost effective, and personalized results. Multinationals are to some extent able to meet these needs due to their financial capacity and technological advancement. Challenges faced by domestic companies cripple their efforts and it might be detrimental for future projects. In this context, the use of natural resources, availability of skilled labor, intense competition, and segregation of the industry. The difficulties faced in major projects such as a high number of participants and poor resource and time management need to be handled for delivery of future projects to be successful. The government needs to protect domestic industries and at the same time strategise on how to reduce the costs of production for them to achieve competitive advantage. Accomplishments that need to be met include full integration of technology, checking the negative impacts of globalization, and stabilizing the economy for sustainable industrialization.

Table of Contents

Executive summary. 2

Introduction. 4

Industry profile. 5

Difficulties in major projects. 6

What the future needs. 7

Trends impacting the industry. 8

Industrialization. 8

Extent of industrialization. 8

Problematic trends associated with industrialization. 9

Digitalization of industry processes. 12

Extent of digitalization. 12

Problematic Trends. 13

Globalization of Industry processes. 15

Extent of globalization. 15

Problematic Trends. 16

Conclusion. 17

Reference List 19

Introduction 

With the beginning of the 21st century, there have been significant changes in all sectors of the economy. Advancements in technology, industrialization, and globalization have had a profound effect on the architecture, building and planning industry. Quezada et al. (2016) reviews that advanced technologies are likely to lead to up to 75% automation in the coming decades. Since the end of the Second World War, the world has witnessed increased economic growth that has fueled the development and efforts are underway by both government and private organizations to achieve a globalized economy. Increased movement of people and better communication channels have led to an exchange of ideas, and technologies that have revolutionized the architecture, building and planning industries. The increased trading activities and the need for more products with the increasing world population, as well as the availability of advanced technologies,  has led to the development of new approaches to manufacturing. In line with this, as companies seek higher returns, there has been increased automation of industrial processes, and strategies that guarantee less reduced cost of labor than in the past. Continuing into the future, innovation will be critical in establishing divine ways of handling the built environment. The architecture, building, and planning sector will be required to develop structures that are more useful for the daily activities while ensuring that they are viable, have aesthetic value, environmentally friendly, and easy to construct. Nevertheless, some trends in the Australian industries suggest that the future of the architecture, building, and planning might face challenges. The intent of this paper is to review the problematic trends for the future of project delivery in Australia in the architecture, building, and planning sector.

Order a Similar or Custom Paper from our Writers