Based on the history of project management and the development process of domestic supervision industry,this paper puts forward the development and evolution of project management and the three stages of domestic engineering supervision industry development,and points out that the conformance of the capacity building to the development logic is the vitality of engineering supervision industry.Therefore,this paper puts forward the two grips and “five optimizations” of innovation and transformation and upgrading of engineering supervision industry,and points out that the starting point is to promote the realization of the “five optimizations” by integrating social resources to embody value from point to area.At the same time,to promote the realization of the “five optimizations” and the revolutionary and systematic innovation and promotion of the project management,corresponding policies and regulations shall be set up by urging relevant governmental departments and industry associations.