Resources
Insights, trends and tips about the latest in construction technology and productivity.
How Automated Progress Tracking Helps Healthcare Construction Stay On Schedule
Healthcare construction is a specialized niche in the industry, and the projects within it require a high standard of attention...
Leaders in Construction Leverage Technology to Improve Billing Accuracy
At their core, construction projects rely on cash flow. But it isn’t always simple—considering the complexity of projects and the fact that a company is likely managing multiple of them at once. Some projects take months or years to complete, and payments happen throughout the entire duration. With so many payments coming and going over the course of a project, it’s crucial for project teams to stay on top of daily progress and constantly evaluate where it stands financially. Otherwise, a project is at risk for being under or overbilled.
4 Reasons Work In Progress Reporting Is Essential On Every Project
From estimation and bidding to delays and change orders, there are many stages and factors that go into determining the cost (and profits) of a project. How can companies know if they’re on schedule and under budget before the project closes? Work in progress is the answer.
3 Construction Workflows Companies Can Streamline For Operational Excellence
While certain conditions and factors in the industry can’t be controlled, there are 3 construction workflows that can reduce the margin of error to ensure a project stays resilient. This requires operational excellence in the areas that can be predicted and made more efficient. What are the 3 construction workflows a company should prioritize?
Using Objective Insights to Align and Connect Construction Teams
Communication can make or break a construction project. A report from the Project Management Institute found that ineffective communication was the main contributor to project failure one-third of the time. An even more alarming finding from the research is that 56% of budgets allocated to projects are at risk due to poor communication. Without objective insights alignment among field and office teams, knowing what’s happening on a project becomes a daunting task—one that could put a project (and its profitability) at risk.
5 Uses of Artificial Intelligence and Machine Learning in Construction (And What They Mean for the Industry)
Now more than ever, construction companies are looking for ways to stand out from the competition—and that starts with staying on top of the latest technology that helps them build more efficient, profitable projects. The future of construction technology will be a hybrid of artificial intelligence (AI) and machine learning working alongside the industry’s workforce. But what does that mean?
Bridging The Generational Gap: How Progress Tracking Has Changed to Embrace Technology
Many construction companies are at a crossroads as they think about the future of their business, and who will be a part of it. More than 40% of the current U.S. construction workforce is expected to retire over the next decade. This generation of seasoned...
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