Project management is an essential aspect of the interior fitout industry, where it is used to plan, execute, and monitor the construction of commercial and residential interior spaces. In recent years, the industry has witnessed a significant increase in demand for interior fitout projects, which has led to a rise in project management methodologies and tools. The following statistics illustrate the importance of project management in the interior fitout industry:

1. According to a report by Grand View Research, the global interior design market size was valued at USD 121.6 billion in 2019 and is expected to grow at a CAGR of 4.9% from 2020 to 2027.
2. The same report highlighted that the growing demand for sustainable and eco-friendly interior designs is driving the market's growth, requiring project managers to ensure that construction processes adhere to environmental regulations and standards.
3. Another report by Research and Markets forecasted that the global interior fit-out market would grow at a CAGR of 3.5% from 2020 to 2025, primarily driven by the growth of the commercial real estate sector.
4. With the increasing complexity of interior fitout projects, project management software and tools are becoming essential for tracking project progress, managing resources, and ensuring timely delivery. A report by Capterra revealed that project management software usage among interior designers increased by 32% between 2019 and 2020.
5. The interior fitout industry also requires project managers to collaborate with architects, engineers, and contractors to ensure that the project meets the client's requirements and budget. According to a survey by the Project Management Institute, 70% of construction industry professionals reported that collaboration is essential to project success.

This episode is hosted by Mr. Niyanth Vashist, Executive Director at Ascend School of Construction Business along with 2 esteemed guests

1. Mr. BhanuPrasad- Sr.VP at ANJ Interiors

2. Mr. Nayan Rawal- Head of Construction at Fabdiz Constructions