Despite the bursting residential housing bubble that plunged the US economy into recession, Construction Project Management Services industry firms weathered the recessionary conditions well through the ensuing recession as a result of backlogged work and funds from the American Recovery and Reinvestment Act. Continued public-sector construction funding, rebounds in private-sector construction and greater construction project oversight demands will be the primary drivers of growth in the next five years.
The Construction Project Management Services industry includes companies that provide planning, supervising and budgeting services to construction projects. This includes all aspects of clients' projects, including estimating, scheduling, designing, engineering and contracting. Industry operators may also oversee community relations, safety programs, labor, cost control and coordination with the owner and other construction specialists.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.