Innovation and technology plays a very important role in order to remain in competition within the market.It is a major key for long term success of the companies in today's economy. Innovation is a very wide concept in which the ideas regarding any invention are converted into services which leads to creation of value on basis of which a specific amount is paid by the customer. New ideas are generated which proves to be helpful for any company hence increasing its competitiveness.
Construction industry holds a very important place in the development and growth of economy of a country. Increase role of technology in different sectors of the industry leads to quality service as an outcome and in a less period of time.
A standardised management of innovation and technology leads to a lot of tremendous changes-