Cost Bearing of Individual Project due to Use of Modern Software in Project Management and Detailed Analysis of Same for Making Cost Effective Path

Abstract

Abstract: Project management in India is witnessing impact of IT Development on its core field. Particularly in India project management had undergone lot of changes. Post industrialisation era demand of skilled project management had reached a statutory requirement. Introduction of RERA enforced private developer and builders to develop the project in stipulated time. The requirement of quick update, organised effort, errorless drawing and documentations, integrated approach demanded use of IT infrastructure alike other Field. As per the other infrastructure Cost of modern use of Software’s demanded Financial Planning and Consideration for Annual basis. The study aims at study of IT infrastructure required for individual project. To list out strategies to control this cost and make a cost-effective way.