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Construction Consulting

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ValuStrat team of specialized experts service the construction and building material industry to provide invaluable detailed understanding of the industry. Our professional expertise and technical know-how to tackle even the most complex valuation and strategy assignments differentiates ValuStrat from the rest.

The construction and building materials sector is one of region’s biggest industries. The sector is very important for the UAE economy and particularly to Dubai. The sector in the UAE employs more than 500 thousand people, of which Dubai contributes with around 30 per cent.

The construction and building materials industry is large, complex and diverse and covers a wide range of business interests and activities, united by their common usage and development of land. It is comprised of clients including house-builders and commercial property developers who determine what should be built and where; designers who decide on the detail of what should be built; materials and components suppliers who extract and/or manufacture materials and components and contractors who carry out the building.

‘Building Green’ is a global trend which is quickly becoming an industrial norm in the GCC. According to a recent research report from Navigant Research, the worldwide market for green construction materials will grow from $116 billion in 2013 to greater than $254 billion in 2020. The benefits of green building – energy savings and techniques have become more accepted, where more and more construction projects across the region and globally want a green building certification and this has created a new demand for traditional materials and methods to reduce the impact on the environment.

Another growth area is concrete production from recycled materials, such as ash from power furnaces. Wood from proven, sustainable forests is another area that is set to boom, as are water-efficient plumbing fixtures and energy-efficient lighting fixtures, both of which were expected to see double-digit growth every year to 2013, according to a green building materials report by market analysts the Freedonia Group.

The construction sector in the GCC is poised for a rebound, with $286 billion (Dh1 trillion) in projects set to be awarded between 2012 and 2016, according to a new research report.

FAQs

What is construction industry consulting?

Construction consulting offers expert advice and support from the start to the end of a project. It covers planning, design, management, and execution. This helps businesses face challenges, work more efficiently, and reach their goals.

How can consulting services benefit a construction project?

Consulting services improve project management and outcomes by offering specialised knowledge for better decision-making and efficiency. They identify issues early and suggest cost-effective strategies, ensuring projects meet standards and deliver strong investment returns. This expertise minimises risks and boosts success, highlighting the value of consulting in construction.

What types of consulting services are available for construction projects?

Services offered cover many areas, including advice on architecture, engineering, project management, environmental issues, cost, and compliance. They also cover sustainability, tech, safety, and risk management. These services tackle the specific challenges of construction projects, leading to efficient and successful results.

How do consultants contribute to cost management in construction?

Consultants play a key role in cost management by providing analysis, cost estimation, value engineering, and cost control practices. They help prevent budget overruns, allowing clients to make informed financial choices and stay within budget.

Can consulting services help with project scheduling and planning?

Yes, consulting services are instrumental in project scheduling and planning. They employ expertise to develop realistic, efficient project timelines, considering all critical milestones. Through the use of advanced management tools, consultants ensure optimal resource allocation and mitigate delays, aiding in meeting project deadlines and scope.

What role do consultants play in ensuring quality and compliance in construction projects?

Consultants ensure projects comply with quality standards and regulations. They conduct audits, review materials, and navigate regulatory requirements, maintaining project integrity and adherence to best practices.

How do consultants assist with risk management in construction?

Consultants identify, assess, and mitigate risks, preparing strategies to manage potential challenges proactively. This approach reduces the impact of unexpected events, ensuring project stability.

What is the process of selecting a construction consulting firm?

Choosing the right firm means knowing what your project needs, researching different firms, checking their past work, and reviewing their offers. It's also important to interview them to see if they match your project's specific needs. Picking a firm that fits your project's goals and budget is essential for a successful partnership.

How do consulting services adapt to different scales of construction projects, from small renovations to large developments?

Consulting services adapt to the scale of the project, offering cost-efficient strategies for smaller renovations and thorough management for larger initiatives. They customise their approach to match the project's extent, covering aspects such as innovation, budgeting, risk evaluation, and environmental considerations.