Construction Cost Management in India
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Questions and Answers

What is the focus of the Construction Cost Guide India 2022?

  • Cost of Key materials across various cities
  • Construction outlook across sectors (correct)
  • General considerations for costing
  • Market intelligence
  • What industry displayed resilience in 2021 despite the pandemic impact in 2020?

  • Healthcare industry
  • Hospitality industry
  • Real estate industry (correct)
  • Automotive industry
  • What did the construction industry witness in the second half of 2021?

  • Unprecedented price increase
  • Fortunes turning back in its favor (correct)
  • Cost of Key materials across various cities
  • General considerations for costing
  • What is emphasized in the Construction Cost Guide India 2022 regarding cost management?

    <p>Key Cost Risks and Cost Management Approach in Construction Projects</p> Signup and view all the answers

    What industry bore the maximum brunt of the pandemic in 2020?

    <p>Construction industry</p> Signup and view all the answers

    Study Notes

    Construction Cost Guide India 2022

    • The construction industry in India exhibited resilience and regained momentum in 2021 after being heavily impacted by the pandemic in 2020.
    • The Indian construction and real estate industry experienced a surge in sentiment, particularly in the second half of 2021, reaching an all-time high.
    • The guide covers the construction outlook across different sectors and identifies key cost drivers for each sector.
    • It provides information on contract models and procurement routes in the construction industry.
    • The guide includes trend analysis, market intelligence, and general considerations for costing, along with a glossary and abbreviations.
    • It highlights key cost risks and the cost management approach in construction projects.
    • The construction cost data is provided for various asset classes in INR per square foot.
    • It outlines the cost of key materials across different cities in India.
    • The guide emphasizes an unprecedented price increase in construction costs.
    • The construction cost data and insights are provided by JLL, a leading professional services firm that specializes in real estate and investment management.
    • The guide is a comprehensive resource for understanding and managing construction costs in India for 2022.
    • This guide serves as a valuable tool for professionals and stakeholders in the construction and real estate industry in India.

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    Description

    Test your knowledge of construction cost management in India with this 2022 guide quiz. Explore sector-specific cost drivers, contract models, procurement routes, market intelligence, and more. Perfect for industry professionals and students seeking to enhance their understanding of construction cost management in India.

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