Over 9000 projects, valued at $400 billion, and going on...

Solving a wrenching problem


Dubai: It wasn’t that long ago that everyone in the local construction and real estate sectors would swear by project management and everything that it stood for. Then the property markets eased and projects got delayed or ran aground, and it became a term of vilification. Now as a nascent revival is sighted in construction activity, the time has come to give project management its due and integrate it better within wider scheme of things. One company which hopes this will be the case is WRENCHTM and its founder Daniel Varghese. An organisation today wants to be totally on top of each deliverable and budget and [thus] ensure profitability on every project. We have received several enquiries in the last two quarters and are considering them at the moment. I believe this is a good sign and shows the correlation between the improving market conditions. The company, which launched its operations in India and later ventured into the UAE technology sector, specializes in automated process management solutions. Its local credentials have been boosted by winning contracts from engineering and architectural majors Al Habtoor and Murray & Roberts.