One of the first sectors to be project-based in nature is the building industry. The Egyptian pyramids from the third millennium B.C. and the Roman aqueducts built in 312 B.C. that carried water to cities and industrial locations are two well-known examples. All of these historic buildings have one thing in common: they all organize, plan, coordinate, and manage people and material resources with the express purpose of completing the projects.
Environmental and cultural factors have always had an impact on construction. For this reason, the architectural design of ancient Nigeria mirrored the customs of the local populace. Building style was impacted by surroundings as well as culture.
These days, similar materials are commonly available due to modernity. Bricks, glass, and tiles are among the materials that are either imported or produced locally. Nigeria’s building sector has made an effort to adhere to international norms.
From crudely hewn stones to ones that are exquisitely polished to smart houses that obey commands, they have progressed. In a same vein, the economy has changed as a result of this evolution in construction. A good change, as before the pandemic, building made about 3-6% of Nigeria’s GDP. In 2022, the Nigerian construction market had a valuation of $135.9 billion. In 2024–2027, the market is expected to grow at an annual rate of growth of more than 2%.
The purpose of this blog post is to explore the importance of project management systems in the construction industry and how despite all the doubts, it holds an evidently promising future.
The importance of Project Management Systems
Due to the increased demand for construction practices, there is a greater requirement for effective planning and resource management throughout the building process. The construction industry professionals are in charge of making decisions and may also participate in construction practice as Project Managers (PM). The utilization of construction project management systems is directly related to the construction industry’s success in Nigeria.
The notion of project management is not a novel one to the industry at large, having been implemented in various domains across the country, including the public sector. Both traditional and contemporary project management methods and instruments have made work on completed projects easier. Building construction projects, both public and private, rarely get finished on schedule, within budget, and with the required materials and quality. Consequently, one method to prevent these industry-wide diseases is through enhanced project management delivery system practice.
So, what project management systems have worked?
Within the last decade of these controversies, research has shown an improvement in project management systems as companies have began adopting information and communication-based methods as well as better sourced materials and professionals to ensure the longevity of a building’s structural lifespan and one of these is the APD Project Management Limited.
The Firm APD is a partnership between Africa Plus Fund, the Largest Naira Infrastructure Fund in Nigeria and Dolphin works Limited, an Indigenous Construction Management firm with 25 years’ experience in the local construction market. It provides services of project, construction and development management and execution, and has embarked on the quality of the Nigerian construction industry through the overseeing of million naira projects.
One of such is the Paramount Twin Towers, completed in 2022 and located in Lekki, just a few steps from the Atlantic. It redefines luxury with a mix of simple communal living and breath-taking scenery, right at the very heart of one of Lagos’ most premium locations.
From studio apartments, to a maisonette; from three-bedroom apartments to a penthouse, Paramount Twin Towers offers the very essence of living with its living units. Motivated by an aim to redefine refinement, this cutting-edge architectural project presents a fresh perspective on opulent living with incandescent gardens and top notch security.
The APD Project Management Limited has also embarked on other various remarkable projects such as:
1. G2 BY CRUXSTONE: An ultra-luxury residential development of a stunning 17-floor architectural masterpiece nestled on Glover Road, Ikoyi- one of the wealthiest neighbourhoods in Lagos, also popularly known as home to the most affluent strata. It offers the highest class of sophisticated urban living and exclusivity with a choice of spacious luxury apartments, lavish duplexes, and presidential penthouses.
The project consists of 4 Bedroom Maisonette, 5 Bedroom Maisonette, and 6 Bedroom Maisonette with a high-quality finish, crafted with modern leisure design facilities and amenities to offer residents a very comfortable lifestyle.
2. Nautica Rise: A mixed-use prime waterfront development set to transform the real estate landscape into a world-class resort and tourist destination. It holds a prime position within the sprawling waterfront community at Oniru, Lagos, with 0.23km overlooking the Atlantic Ocean.
With quick and easy access to top leisure and recreational centres, Nautica Rise boasts of exclusive access to beautiful sandy shores of the Atlantic Ocean and ease of connectivity through well-established road networks to major shopping malls, private beaches, public transport links and schools.
3. The Nexus: Located at Adebisi Omotola Close, Victoria Island, behind the new Zenith Bank multi-storey carpark, The Nexus redefines the neighbourhood with raised standards. With easy accessibility to trendy lifestyle, relaxation centres, malls, quality healthcare and schools, The Nexus is an ideal place to live and flourish.
4. The Autograph Plus: The Autograph Plus, located at Adeola Hopewell Street, Victoria Island, is a 22-storey commercial development consisting of 86 unit of apartments ranging from stylish Hotel Suites, Studios, 1 Bedroom Apartments and Lofts, Luxury 2 Bedroom Apartments, 3 Bedroom Apartments, and 4-bedroom Maisonette which have all been beautifully crafted.
5. Iconic Towers: A cutting-edge architectural landmark located at Sinari Daranijo Street, Victoria Island, Lagos, Nigeria. The Iconic Towers comprises of 4 blocks of beautifully crafted luxurious towers of 12 floors each (The Silhouette, The Portrait, The Cynosure and The Nexus), and a signature hotel apartment tower, The Autograph, set to redefine the City Skyline. The multi-story residential dwelling exudes class, taste, and a high standard of living, giving a true definition to Luxury Lifestyle.
In conclusion, there is no doubt that there is promise of an increase in the involvement of project management systems such as the APD Project Management Limited and with an even more active introduction of professionalism and technology, the construction industry is sure to have an outstanding growth this year 2024.
