Enhancing productivity through technology is a key priority for construction firms, as the industry aims to boost its approximately 1% productivity growth rate for projects. Firms are leveraging the top construction management software, site robots, drones, and IoT based real-time updating solutions to assist teams in generating greater output. Technology is playing a vital role in empowering construction firms to deliver projects more profitably and in a timely manner.
Developers are also aiming to improve offline and online integration for a truly connected construction ecosystem using the right solutions. Firms that invest in data-driven digital technologies can lower their engineering hours by 10% while saving nearly 5% in construction build costs. The impact of a truly connected ecosystem is multi-faceted, driving better productivity and transparency while streamlining management across processes.
Digitizing project functions for enhanced output
The digitization of functions and processes helps align resources within a unified platform. Teams can execute seamlessly and provide real-time updates within a centralized cloud-based solution. From budgeting to procurement, all functions are highly optimized when processes are mapped within a highly organized software solution.
Digitizing key aspects of projects also helps standardize them, enabling managers to drive consistencies across multiple sites. Teams can request materials, upload documents, test quality, and provide inspection details in a highly structured process environment. In fact, these benefits can help improve productivity by around 14% when digitization is introduced at scale for all projects.
Productivity is also significantly improved when a digital solution is leveraged for progress tracking as well. Vital project milestone information can be stored and tracked dynamically within the project management solution, giving managers more data than traditional methods. Managers can also track the productivity levels of their teams within the digitized solution based on KPIs, performance, output, margins, overruns, and other factors.
Boosting collaboration for execution efficiencies
A key strategy to streamlining project management is to improve collaboration via dedicated engagement platforms for teams. Construction management platforms provide video, chat, data sharing, and file access tools that can be centralized and secured for ease of management. Key areas, such as budgeting, scheduling, and inspection management, become more productive when collaboration tools are embedded for ease of communication.
There is also a reduction in the risk of the formation of silos within construction firms when teams leverage a comprehensive project management solution. Information is shared efficiently across functions and updated by various team members in real-time. This improves stakeholder communication and enhances productivity through streamlined engagement across all project stages.
Project teams can also coordinate better when using project management software. By using a leading construction engagement tool, such as Zepth Meet, firms can streamline virtual communication, minutes of meetings, task management, scheduling, and progress tracking, for any project. This centralizes collaboration within a single tool, thereby reducing the risk of information leakage, communication gaps, tracking issues, etc.
Automating processes for enhanced output
A key reason behind the growing adoption of the leading project management solutions is the benefits of automation for streamlining project management. Automation helps reduce friction and improve transparency within processes, as they can be scheduled, monitored, and controlled within a project management dashboard. The productivity levels of teams are boosted, as manually intensive tasks are automated within the cloud-based solution.
Additionally, processes are also executed with greater precision when automated. This is vital to ensure timely project completion, as there is an inherent risk of overruns and delays, especially for larger projects. Developers can also leverage a singular solution to review all activities, which simplifies management, boosts productivity, and empowers decision-makers.
Automation also helps drive a culture of innovation within construction firms that are delivering projects across multiple geographies and sites. Teams can seamlessly expedite progress and execute site work with an innovation-oriented approach. Problem-solving becomes increasingly streamlined as workers deliver milestones through dynamic on-ground decision making.
Establishing a unified common data environment
Productivity is significantly enhanced when teams utilize a common data environment through project management software. Cloud-based project management systems provide secured access to key data sets that include historical project data, planning details, mandatory compliances, inspection reports, budgets, etc.
Uploading documentation within a common data environment helps preserve data integrity and secures information within an analytical framework. Information can be automatically mapped and analyzed at scale, to provide impactful insights that can help improve performance. Team members can also perform multivariate forecasting initiatives with ease and expedite key planning processes for better productivity.
Productivity is also improved when a common data environment is leveraged for historical data storage and referencing. Past insights on prior projects can significantly streamline crucial processes such as supplier negotiation, material pricing, manpower requirements, site training, and equipment use. Resource utility can also be tracked and optimized, which can improve site work quality significantly as well.
