Future Trends and Problem Solving in Australian Project Delivery

This report examines the future trends that will impact project delivery in Australia, focusing on industrialization, globalization, and digitalization. It highlights the current challenges in project implementation, such as failing to meet goals and extended timelines, and proposes solutions through the incorporation of emerging technologies and strategies. The report discusses how industrialization, with its emphasis on technology, can improve product quality, speed up production, and reduce costs. Digitalization is presented as a way to address issues like high project costs, low capital return, lack of skilled workforce, safety concerns, and corruption. Globalization is explored as a means to enhance trade, improve transportation, and streamline communication within Australian industries. The report concludes that embracing these future trends is crucial for overcoming existing challenges and improving the overall performance of project delivery in Australia. Desklib provides access to this and similar student-contributed assignments.

Future Trends in Solving Problems in Project Delivery in
Australia
Name:
Course:
Tutor:
Date:

INTRODUCTION
• Currently, the implementation of projects in Australia is faced with many
challenges
• The set goals, therefore, become unachievable or take longer than expected
• The research paper identifies ways in which future trends will affect project
delivery in Australia
• The paper introduces the concept then addresses future development in
industrialization, globalization and digitalization sectors
• A clear connection between the developmental trends of the sectors and
Australian project future delivery are discussed

INDUSTRIALIZATION
• Industrialization involves the setting up of factories which produce goods in
high quantities (Hendel, Messner & Thun, 2014)
• The development of industries will have a significant impact on the execution
of projects
• There is the possibility of the projects based in Australia to perform better in
future. It is because the industrialization sector is promising to perform
better in future
• The increased technology in industrialization will have various benefits.
Amongst the benefits are increased the quality of products, production within
a short period, reduced the expense of production and raised profit margins

Industrialization trends on future project delivery
Incorporation of technology
• The incorporation of technology will have various
impacts on industries performance and hence the
projects.
• The following are impacts of technology
incorporation in industries.

Improved quality of products
• The development of technology is experiencing a slow trend in Australian industrial
sector incorporation.
• However in the coming future is predictable that all companies will incorporate
technology in almost all their operation
• Technological advancement is directly associated with improved quality in
industries
• Technology improves the machines used for production. In most cases the machines
are digital, and they give the best quality compared to the manual machines
currently used
• The production of high-quality products has several advantages to the performance
of projects

• Projects delivery will be in a position to get high-quality products
locally
• The customer turns up will increase gradually, therefore,
increasing the profit margins
• . The project delivery will experience the best, and they will be in a
position to register good progress.
• The goals will be easily realized and will be very fruitful.

Quick goods production
• According to Babu (2012), adoption of technology in industries will ensure that
the production process is fastened
• The technology involves the acquirement of automatic digital machines which
produce goods for a short period.
• Companies relying on the industry for production will not experience delays since
the products will be readily available.
• The wishes of customers will be met since customers prefer businesses delivering
goods at their convenience.
• Many Australian projects have failed to deliver due to relying on industries which
are very slow in production

• The intended future fully technology incorporation will
ensure almost all Australian industries adopt the system
• Projects will, therefore, be in a position of acquiring products
within the intended time, therefore, avoiding inconveniences
• The Australian project delivery will end up curbing the
problem of slow goods supply hindering their performance

Reduced expense of production
• The incorporation of technology in industries will reduce the
expense incurred in production
• Currently, most of the Australian industries are relying on the
traditional method of production which is very expensive
• Whenever the cost of production is low, the industries will offer
their products at relatively low prices
• With reduced expenses of productions, projects can acquire
products ate relatively lower prices
• The project delivery will, therefore, be in a position to be efficient
and perform appropriately.

Digitalization
• digitalization is the utilization of digital technologies to change the
business models used and provide new revenue and value
generating chances.
• In other words, it the process of migrating an enterprise to digital
business.
• Australia is a country that runs numerous projects and faces huge
difficulties in the absence of digitalization
• These issues can be resolved once the country embraces
digitalization among other technologies in its operations
• This section of the report will explore the individual problems and a
review of how digitalization will be of help in resolving them

High project costs
• This is a major problem in Australian industries because lack of
digitalization forces the project management to use human labor
instead of machinery (Collin, 2015).
• Due to the high number of human resources within a project, a lot
of capital resources are used to maintain the workforce.
• . Digitalization saves the project costs in that; one machine used
can perform tasks that were done by many people (Bradley &
Keane, 2015).
• This reduces the incurred expenses gretely

Low capital return and supply issues
• The current trends used in project delivery in the Australian
industries takes a long time to plow back the capital which was
employed at the start of the project
• The manner in which capital is supplied in the overall project is a
trend that is hard to account for.
• The digitalized trends take account and keep track of all project
resources ensuring that they are all secure and perform their
specific tasks.
• Proper allocation of capital and resources ensures that the quality
project delivery and services which ensure return on capital within
a short period.