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Modern Construction

A Comprehensive Guide to Economics and Management

  • 2025
  • Book
Author
Bruno de Carvalho Matos
Book Series
Contributions to Economics
Publisher
Springer Nature Switzerland
Part of
Springer Professional "Business + Economics & Engineering + Technology"
Springer Professional "Engineering + Technology"
Springer Professional "Business + Economics"
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About this book

This book offers a comprehensive and integrated view of the global construction sector, using language that is accessible to all interested readers.

It explores the historical evolution of construction, the political, economic, social, and technological challenges the sector faces, and proposes strategic measures to promote growth and strengthen resilience.

The life cycle of construction projects is examined with particular emphasis on project management, with reference to widely recognized regulations and standards. It also features opinion pieces by the author on contemporary issues and emerging trends in the sector, followed by an analysis of risks and opportunities, as well as guidelines for managing organizational change.

The book concludes by highlighting the value of construction to humanity, emphasizing its tangible contributions to housing, infrastructure, and employment. Construction is presented not only as an economic driver, but also as a fundamental pillar in the long-term development of societies.

Table of Contents

Frontmatter
Chapter 1. History of Construction
Abstract
The evolution of construction reflects humanity’s ongoing pursuit of progress through materials, technology, and design. From ancient vernacular structures to contemporary digital methods, the history of building reveals how societies have shaped—and been shaped by—their built environments. Milestones such as arches, masonry, reinforced concrete, steel, and industrialization transformed how we construct, while modern advances like prefabrication, BIM, and digital twins continue to redefine efficiency and sustainability. The study of construction history thus illuminates the intersection of culture, economy, and innovation that underpins the development of civilization itself.
Bruno de Carvalho Matos
Chapter 2. Macroeconomic Analysis
Abstract
Construction plays a pivotal role in global and national economies, acting as both a driver of growth and a reflection of broader macroeconomic cycles. Through the analysis of investment patterns, employment, productivity, and value creation across regions, the study highlights the sector’s interconnectedness with real estate, industry, and infrastructure development. It explores how fiscal policy, public and private investment, and innovation influence construction performance, while also examining cyclical fluctuations and long-term structural trends. By linking economic theory with practical data, the chapter offers insight into how construction both shapes and responds to economic transformation worldwide.
Bruno de Carvalho Matos
Chapter 3. Challenges in Construction
Abstract
The construction industry faces a complex array of challenges shaped by economic,political, technological, and social forces. Globalization, resource constraints, regulatory pressures, and rapid digital transformation have intensified both competition and uncertainty. Cyclical issues tied to market fluctuations coexist with structural challenges such as productivity gaps, labor shortages, environmental impact, and the need for innovation.Addressing these factors requires balancing short-term resilience with long-term sustainability. Understanding these dynamics provides a foundation for developing strategies that enhance the industry’s stability, adaptability, and global competitiveness.
Bruno de Carvalho Matos
Chapter 4. Strategic Measures and Actions
Abstract
Enhancing the performance and resilience of the global construction industry requires coordinated strategic measures across economic, technological, and organizational dimensions. By analyzing past patterns and future scenarios, the study identifies multifactor strategies aimed at fostering sustainable growth, innovation, and efficiency. It emphasizes the integration of policy, investment, and management approaches to strengthen competitiveness and mitigate risks. Through global benchmarking and evidence-based insights,the chapter outlines actionable pathways for governments, companies, and professionals to drive transformation and longterm value creation in the construction sector.
Bruno de Carvalho Matos
Chapter 5. Construction Projects
Abstract
Construction projects embody the practical realization of design, engineering, and management principles, transforming ideas into tangible assets that serve society. This chapter examines the full project life cycle - from feasibility and planning to execution, delivery, and operation - highlighting the roles of key stakeholders and the importance of coordination among them. It explores various types of works, contractual structures, and regulatory frameworks that govern construction activities at national and international levels. Emphasis is placed on integrating technical, economic, and organizational aspects to ensure quality, efficiency, and long-term value throughout the project development process.
Bruno de Carvalho Matos
Chapter 6. Project Management
Abstract
Effective project management is essential to achieving successful outcomes in the construction industry. This chapter explores principles, methodologies, and tools that support the structured planning,execution, and control of projects across all phases - from feasibility to post-construction. It discusses the role of the project owner, risk management, procurement models, and governance practices aligned with international standards such as ISO 21502 and the PMBOK® Guide. Emphasis is placed on leadership, communication, and integration of multidisciplinary teams to ensure alignment of objectives, optimization of resources, and continuous improvement in project performance.
Bruno de Carvalho Matos
Chapter 7. Emerging Trends
Abstract
The construction industry is undergoing rapid transformation driven by innovation, technology, and evolving social expectations. This chapter presents a selection of insights and reflections on emerging global trends influencing the sector, including sustainability, digitalization, artificial intelligence, prefabrication, blockchain, and smart cities. It also addresses topics such as ethics, diversity, emotional intelligence, and professional development, highlighting their growing relevance in modern practice. By connecting technological advancement with human and organizational dimensions, the discussion illustrates how innovation is reshaping construction toward a more efficient, inclusive, and sustainable future.
Bruno de Carvalho Matos
Chapter 8. Change Management
Abstract
Change management is a critical factor in driving innovation and improving performance across the construction industry. This chapter explores the principles, strategies, and behavioral aspects that enable organizations to successfully implement new processes, technologies, and management practices. It examines how architectural, engineering, and construction companies—and particularly project owners—can overcome resistance to change by fostering adaptability, collaboration, and leadership. Through analysis of global trends and real-world case studies, the discussion highlights how effective change management supports digital transformation, organizational resilience, and sustainable growth in an increasingly dynamic and competitive environment.
Bruno de Carvalho Matos
Backmatter
Title
Modern Construction
Author
Bruno de Carvalho Matos
Copyright Year
2025
Electronic ISBN
978-3-032-07339-6
Print ISBN
978-3-032-07338-9
DOI
https://doi.org/10.1007/978-3-032-07339-6

PDF files of this book have been created in accordance with the PDF/UA-1 standard to enhance accessibility, including screen reader support, described non-text content (images, graphs), bookmarks for easy navigation, keyboard-friendly links and forms and searchable, selectable text. We recognize the importance of accessibility, and we welcome queries about accessibility for any of our products. If you have a question or an access need, please get in touch with us at accessibilitysupport@springernature.com.