Posts Tagged 'BIM'

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The Power of Prefabrication to Generate Efficiencies and Cost Savings

Prefabrication no longer means “looks like all the others.” Today, the power of prefabrication exhibits how design technology and manufacturing can work together to improve the industry while still producing unique and visually appealing structures.

Study: BIM Use Picking Up Steam for Infrastructure Projects

The use of BIM for infrastructure projects is on the rise, with 52 percent of horizontal construction companies surveyed reporting that they used the technology on more than half of their projects, according to a SmartMarket report from Dodge Data & Analytics.

Three Reasons Contractors Should Finance Software Investments

Software investments can (and should) be financed, just like heavy equipment such as bulldozers, cranes, trenchers and dump trucks. Even if a firm can afford to purchase its software systems upfront, financing is the smart choice for three main reasons. 

Taking the Risks out of Project Profitability With BIM

High risk, low margin. This all too familiar description of the construction industry is at the heart of contractors’ laser focus on bottom line profitability and overcoming the variables that can (and often do) go awry.

The proof of that challenge is in the numbers. According to KPMG’s “Climbing the Curve, 2015 Global Construction Project Owner’s Survey,” just a quarter of construction projects in the last three years came within 10 percent of their original deadlines. And Turner and Townsend’s 2016 International Construction Market Survey found that the average global construction project margin fell from an already low 6.3 percent in 2015 to 6.1 percent.

No matter the size of the project or the timeline, there has always been a harsh reality: Expect the unexpected. But what if you could remove more of the surprises and reduce risk—all with increased profits? 

PMIS: Revolutionizing Owner-Contractor Relationships

Facility owners have historically been left out of the construction project management technology game, as most platforms and tools focused on innovations for contractors, architects and engineers. That trend is changing with the rise and expansion of project management information systems (PMIS) designed specifically for owners. Even so, PMIS usage among owners and contractors has room to improve to facilitate better project execution.

Forecasting IT Trends in Construction

With the promise of IoT, mobile, cloud and other emerging technologies, contracting companies cannot slow their pursuit of technology. In fact, construction companies are going to be faced with more options, greater demand, increased complexity and higher costs. 

Generate Laser-Focused Estimates Using BIM

With progressive BIM technology, construction professionals reduce project errors and generate upwards of 50 percent time savings during estimation periods. 

To BIM or Not to BIM: Looking at It From the Owner’s Perspective

Facility owners and even many AEC firms perceive BIM as a tool that increases the cost of a project. This perception is exacerbated by the fact that training staff on this emerging and evolving technology, and its processes and tools, requires additional financial investment. 

U.S. and U.K. Building Owners Anticipate More BIM Usage

Forty percent of U.S. owners and 38 percent of U.K. owners expect that more than 75 percent of their projects will involve BIM within the next two years, according to a recent McGraw Hill Construction SmartMarket report.

Supplementing BIM With 3-D PDFs Enables Better Communication

What happens when project partners don’t have access to or technical knowledge of solutions leveraging BIM? How can teams make sure that all members—including consultants, engineers, contractors and clients—can contribute to the conversation as early as possible?

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