The AEC industry is the largest industry in the world, according to McKinsey and makes up 13% of global GDP.

AEC project owners face various challenges in adapting to changing market demands and technology advancements. The industry has seen a steady increase in demand for sustainable and energy-efficient designs, as well as for innovative building materials and construction techniques. Additionally, digital technologies such as Building Information Modeling (BIM), cloud-based collaboration, and requirements management tools have become more prevalent, enabling better communication and project management across different stakeholders.

At the same time, project owners may grapple with issues such as a shortage of skilled labor, rising material costs, and increasing regulatory requirements. They must also meet the evolving needs of clients and society while navigating a rapidly changing business landscape.

In this whitepaper, we will explore the top challenges that project owners face and how a requirements management solution like Jama Connect can help solve them, including:

• Cost Overruns and Budget Management
• Schedule Delays
• Stakeholder and Communication Management