The industry’s old-school ways mean contractors waste time and money mailing revisions to blueprints, tracking paper receipts and invoices, or traveling long distances to do on-site inspections of small changes.
95% of construction and engineering professionals think tech/innovation will significantly change their business2.
As construction professionals shoulder even more pressure to boost razor-thin profit margins, leaders are beginning to embrace the digital revolution. Fifty-five percent of construction and engineering professionals said their industry is ripe for disruption in a 2017 global survey conducted by KPMG; 95% think technology/innovation will significantly change their business; and 74% believe such a change will happen in less than five years2.
Digital disruption doesn’t have to be a burden. Here are three ways to harness digital tools to your advantage.
Manage Projects From Anywhere
Hard drives and technology are more visible than ever on the job site. Crews are now using tablets, for example, to review and inspect plans instead of old-fashioned paper blueprints. Some new applications help managers inspect remote sites by providing digital photos.
In addition, project management software can save time and increase transparency by ensuring that updates, revisions and plan changes are shared in real time, cutting down on errors and delays.
Manage Jobs Better On-Site
Increasingly, on-site job leaders are using tech to monitor and improve operations in real-time.
New mobile platforms allow foremen to update blueprints immediately on-site, instead of having to make the trip back to the office. Workers can annotate and track punch lists from the construction zone, letting them work nimbly in the field when inevitable changes on-site arise.
New mobile platforms allow foremen to update blueprints immediately on-site, instead of having to make the trip back to the office.
Being able to adjust or change plans in real-time reduces or eliminates the time-delay that can be a killer on projects. Some digital tools allow foremen to immediately retrieve and compare data on actual project hours, budgeted hours, and remaining hours, which helps keep projects on or close to budget.
Harry, a VP of Operations at a midsize construction firm, said the way that work gets done is definitely changing. “There's not too many contractors that don't have somebody that’s schooled in software,” he said. “Most of them have gotten smart enough to know that that helps.”
Track Expenses, Everywhere, Digitally
Having centralized expense control enables the home office to get a birds-eye view of all the project expenses — even those out-of-state.
Owners of mid-size construction firms say that it helps control expenses when their out-of-state workers are aware that their spending is being reviewed regularly.
Jake, the owner and operations manager for a construction firm that does about $25 million in annual sales on projects in multiple states, said, “We want our guys that are out of state to be aware that we're reviewing what they’re spending.”
Turning to the latest digital solutions helps construction leaders quickly and easily tabulate expenses and other various needs for projects. Additionally, by avoiding paper, expenses don’t fall through the cracks and pile up without your knowledge.
Custom business Credit Card programs allow firms to digitize their invoices, track expenditures and automate payments through online dashboards.
“We know ahead of time what our costs are going to be,” said Robert, president of a mid-sized construction firm. “We break up those costs, allowing our field personnel to make purchases for specific projects, up to a certain amount.”
Custom business Credit Card programs allow firms to digitize their invoices, track expenditures and automate payments through online dashboards.
“When we were looking around, I asked a couple of friends what they were doing as far as controlling their expenses and what they thought was the best way to go,” Robert said. “Most of them are using a combination of corporate cards and online financial management tools to manage their cash flow.”
Related Stories
Libraries | Jun 1, 2018
New library offers a one-stop shop for what society is craving: hands-on learning
Beyond lending books and DVDs, the Elkridge (Md.) branch library loans household tools like ladders, wheelbarrows, and sewing machines.
| May 30, 2018
Accelerate Live! talk: Seven technologies that restore glory to the master builder
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), AEC technophile Rohit Arora outlines emerging innovations that are poised to transform how we design and build structures in the near future.
| May 30, 2018
Accelerate Live! talk: Why the AEC industry must adapt to the Internet of Things boom
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), building systems expert Jeff Carpenter explores established and emerging IoT applications for commercial and institutional buildings, and offers a technology roadmap for navigating the IoT landscape.
| May 30, 2018
Accelerate Live! talk: T3 mass timber office buildings
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), architect and mass timber design expert Steve Cavanaugh tells the story behind the nation’s newest—and largest—mass timber building: T3 in Minneapolis.
| May 30, 2018
Accelerate Live! talk: An AEC giant’s roadmap for integrating design, manufacturing, and construction
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), Skender CEO Mark Skender and Chief Design Officer Tim Swanson present the construction giant’s vision for creating a manufacturing-minded, vertically-integrated design-manufacturing-build business model.
| May 30, 2018
Accelerate Live! talk: From micro schools to tiny houses: What’s driving the downsizing economy?
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), micro-buildings design expert Aeron Hodges, AIA, explores the key drivers of the micro-buildings movement, and how the trend is spreading into a wide variety of building typologies.
Market Data | May 29, 2018
America’s fastest-growing cities: San Antonio, Phoenix lead population growth
San Antonio added 24,208 people between July 2016 and July 2017, according to U.S. Census Bureau data.
Contractors | May 27, 2018
Swinerton rebrands to call attention to its broader portfolio
Renewable energy is the kind of higher-margin business sector into which this GC has been expanding.
| May 24, 2018
Accelerate Live! talk: The rise of multi-user virtual reality
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), two of CannonDesign's tech leaders present their early findings from pilot testing multi-user VR technology for AEC project coordination.
| May 24, 2018
Accelerate Live! talk: The next frontier of post-occupancy evaluations
In this 15-minute talk at BD+C’s Accelerate Live! conference (May 10, 2018, Chicago), ZGF Architects’ Chris Chatto outlines methods for conducting meaningful, holistic evaluations from design to occupancy.