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:
- 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).
- 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.
- 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. IoT – Internet 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. Wearables – Wearables 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:
Call 800.925.6085, 435.586.1205, or contact Construction Monitor.