Management Information Systems for Cost Effectiveness in Construction

Abstract

This paper explores future requirements of Management information systems (MIS) for professional Project Management Consultancy. The Main Focus area would be to establish an effective MIS to control the cost. The overall objective of this paper is to investigate the contribution of MIS towards the controlling the cost of the project. At present all the existing literature in Information System focuses on Information System for the construction. There is comprehensive study, evaluation and assessment on Information System for Professionals . But there is lack of study and knowledge in understanding MIS to establish cost effective construction model. This paper will establish ways and mechanism to utilize the MIS for cost effectiveness. This will also help in understanding effective utilization of MIS by effective scheduling, process improvements etc. The expected outcome from this paper would be a comparative analysis based on case study to prove cost effectiveness by using MIS