The Most Powerful Construction Project Management Tool

Construction Project Management Tool

Spoiler alert: It’s technology. The most powerful construction project management tool is technology. In the last year alone, 53% of construction businesses have implemented specific project-management technology tools that are mission-critical to “helping construction leaders meet their business objectives…optimizing productivity, minimizing risk, and driving growth,” says Steve Cangiano, product management VP at CMiC.

Workflows & Construction Project Management Data

Three examples of project management workflows are:

  1. Bidding/procurement – Automated workflows manage risk exposure and provide bid comparisons. You can more efficiently generate pre-qualification questionnaires to streamline the subcontracting process, and issue RFPs (requests for proposals).
  2. Pre-task planning – PTP can be data-driven and automated to bring contractors into the planning stage requirements faster. It then promotes subcontractor information access.
  3. Project tracking – KPIs (key performance indicators) initiate comparisons and establish benchmarks for:
    • Defects/quality
    • Health/safety incidences
    • Inspections
    • Labor productivity
    • Project costs
    • Project deliverables

Construction Data Technologies

There are almost too many construction project management software platforms from which to choose. The in-demand technologies for construction jobs are:

1. BIM – Building information modeling software helps to create designs and documents. The right BIM software:

  • Applies historical data
  • Forecasts best-case/worst-case scenarios
  • Generates workflows
  • Increases safety
  • Integrates with other software/applications
  • Is easy to use
  • Lessens risks/liability
  • Predicts operational issues/risks
  • Reduces downtime/waste

2. IoTInternet of Things construction project data delivers:

  • Better budget tracking
  • Improved performance
  • Increased security/safety
  • Maintenance updates/material monitoring
  • Real-time concrete curing
  • Structural monitoring

3. WearablesWearables improve safety (Construction employs 7% of the global workforce but has 30%-40% of workforce fatalities.) A wearable can track progress and set safety goals, then challenge its wearer to meet or exceed goals.

It’s important to note that regardless of what technology a construction firm chooses to capture data, the real value is found not in the technology itself but rather in the data it reveals. -Steve Cangiano

Construction Monitor is the most powerful construction business-building tool. Let us share the value our data delivers:

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