The Synergy of Artificial Intelligence and Project Management: A New Era in U.S. Residential Construction Cost Control

Citation: Sergei Zharkov, "The Synergy of Artificial Intelligence and Project Management: A New Era in U.S. Residential Construction Cost Control", Universal Library of Business and Economics, Volume 02, Issue 03.

Copyright: This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The U.S. home building and remodeling industry is facing more and more financial problems, which makes traditional cost management methods useless. This article examines a novel framework based on the thorough integration of software with artificial intelligence and traditional project management tools. Having managed multibillion-dollar capital projects in Europe’s heavy industrial sector - a crucible that required radical efficiency - has uniquely shaped the author’s perspective. This article describes how those tried-and-true ideas are currently being modified to meet the unique requirements of the housing market in the United States. The author examines the critical transition from reactive monitoring to predictive cost control made possible by this synergy. The study looks at important uses of AI, such as automated quality assurance, proactive risk mitigation, and high-precision budgeting and dynamic schedule optimization. The article’s conclusion, which is based on an examination of recent research and data from the U.S. industry, is that by 2025, the integrated use of AI-driven tools will be a crucial component of profitability, allowing construction companies to drastically cut costs and improve project predictability.

Keywords: Project Management, Artificial Intelligence, Construction Costs, Residential Construction, Predictive Analytics, Risk Management, Construction Technology, Proptech.

https://doi.org/10.70315/uloap.ulbec.2025.0203010