Construction Technology

Hi,
Construction Management (CM) or Construction Project Management (CPM), has its roots in Project Management (PM). PM in turn has its roots in aerospace projects, which have the distinction of being the projects which exceed their budgets by sometimes as high as 400% and get delayed by decades. Infrastructure; Construction projects too have faced similar problems, but, to a lesser degree.
In India, most civil engineering graduates who opt for a Masters (M.Tech/ME) mostly aim for Structural Engineering, as it is considered the toughest and the one with the most perceived value by both the industry and academia. CPM was a niche field and mostly unheard of, in India, as most infrastructure projects were publically funded and ultimately the government pulled the strings. Delays were the norm and cost overruns were tolerated.
But most projects (after economic liberalisation of India) are being funded by loans from the World Bank, Asian Development Bank and other nations such as Singapore (Amravati, Capital of Seemandhra), Japan (Bullet train between Mumbai and Ahmedabad) and other investment entities. These investors and funding agencies recommend best standards and delays; cost over-runs are not tolerated. Hence the need for project managers and construction managers.
Real Estate in India is funded by black money and corrupt politicians, this is the ground reality. But genuine real estate developers distinguish themselves, with timely delivery of property and try to kept debt to a minimum. Now this can happen only if their projects are completed on time and within the budget, so that they can make a profit and maintain their reputation simultaneously.
Therefore, job openings for construction management professionals have increased in India faster in comparison with structural engineering. A structural engineer and a construction manager are still sought after by infrastructure and real estate developers. But recently CM and CPM have witnessed an upward trend, which leads to the popular conclusion of CM having a better scope than SE (which is also partly true because the structural engineering job market has saturated in recent years). All the best.