The answer to your question is based on the opportunity cost of the different opportunities you already have. Finding a suitable job as a new employee is typically very tough in the construction sector. Even if you want to work for free on a construction site, there are several challenges. The businesses would add you to their payroll, which would make for an excellent learning atmosphere but not a great career one. Therefore, I would suggest joining NICMAR if you're having problems obtaining a job that's decent.

However, if you have a job, I suggest you continue with your job and gather the learnings and later pursue a PGP in management from a better institution. 

NICMAR's experience makes it hard to balance pros and cons. 

Pros:

• NICMAR Pune students are wonderful. You'll see people from across the nation. Different cultures, languages, and traditions under one roof. Great exposure.
• Alumni Power: Over 15,000 NICMAR alumni are engaged on social media. AGNI is the industry-changing Global Alumni Platform.
• Well-Structured Syllabus: All courses have industry-leading syllabuses. Subjects span the construction industry. The syllabus contains a good combination of technical and management disciplines, but many subjects are lacking.
• Placements: No other college in the nation can recruit over 100 construction companies for campus recruitment. A great strength.
• Campus life: Countless ethnic festivals, thousands of events, frequent club meets, 4 main fests. Live the NICMAR Pune campus life.

Cons:

• Intake: NICMAR's intake has been rising over 6–8 years. The tide appears unstoppable. 1300+ students have degraded the institution and hurt placements.
• ROI: Average Packages are falling every year, hence ROI is gone. Two or three years ago, it wasn't. It was justifiable with 600 applicants and 10 Lakhs in fees. No more.
• Faculty Quality: Some prominent faculty have joined RICS or other competing institutes. Students think most NICMAR instructors are below average. 
• Placements: Companies have various options due to the huge candidate pool. L&T receives about 400 applications. Thus, the company largely relies on Resume Shortlisting and just a few students get to sit for process. 

Finally, is the course worth it?

Depending on the student and expectations, yes or no.

If you have an education loan and want to find a nice company with a good package, choose a good placement agency. They charge less and give you more.

If you're a student seeking personal and professional growth. Yes. The college won't help, but it's nice. Grow yourself. Teaching, research, and crowd support are below average.

In the ACM program offered by NICMAR, you will learn about, Construction Planning and Control, Procurement and Contract Management, and Digitization. CPM is a subject that is taught to Civil Engineering students during their Final year.

Construction planning and control is just an extension of CPM. You have studied about calculating the slack time in CPM but in CPC you use those concepts for scheduling the projects and keeping the projects on time (Like Operations management). It encompasses three Ms i.e., Manpower, Material, and Money. 

You will learn about the cost associated with every activity that may be while using or storing as an inventory. It is an interesting subject to study and quite an applicable subject in an organizational setting

Here are the most important subjects taught to ACM and PEM students at NICMAR. 

• Economics
• Contracting
• Managerial Accounting
• Tendering and Bidding
• Construction Techniques and Methods (ACM)
• Modern Construction Materials (ACM)
• Organizational Behaviour
• Project Management Systems and Techniques
• Applied Statistics and Research Methods

Apart from these, there are also many other important subjects taught at NICMAR.

Yes, pursuing Advanced Construction Management program from NICMAR is a good decision. ACM is the flagship program of the institute. It has a good placement record. Students of ACM get placed in every area of the construction sector. NICMAR Pune placements show an average package of INR 6.75 LPA. Usually, the top job roles offered are in project management, project controls, contracts, valuation, etc.