IT (information technology) way in reducing time and cost overruns in Research Proposal

IT (information technology) way in reducing time and cost overruns in Malaysia Construction Industry - Research Proposal Example These problems effect to the productivity of construction industry. There are several problems caused by the manpower, quality of productivity and time. There is a lack of trained manpower. In Malaysia many contractors do not have good skills in engineering construction. More ever there is a problem of good management. So as a result mostly constriction projects in Malaysia do not follow the proper timetable. There is a lack of trained manpower in Malaysia so information technology has a great significance in making lives simpler and easier. So Malaysians industry should use Information technology as a weapon against all these problems. Having a good technical skill in construction can produce remarkable results in the output. At the end in the forms of table, it shows that the out after the implementation of information technology in the domain of construction on Malaysia enhanced rapidly and in the future the out put of these construction projects would be much better as compared to today. In the 1980s, the relationship among information technology and the productivity became a source of debate. The amazing improvements in the underlying capabilities of computers proved that now it is nearly impossible to estimate their effectiveness in order to increase productivity in any field. Recent research in the field of information technology is indeed more encouraging. There are several researchers who documented positive effects of information technology in the construction industry as well. Information technology is a key component that plays an important role in order to minimize cost overrun Cost overrun is the common term that can be seen in the in projects of infrastructure, and building. It has been estimated that average cost overrun was 43 percent; nearly 71 percent of projects were over budget, over time, and under scope. So it is very necessary to involve information technology to handle