Construction Sites Overflow with Data, Yet Scheduling Remains a Challenge

Owners in the construction industry are investing more than ever in jobsite documentation, yet they still struggle to accurately track project schedules. This paradox highlights a critical gap between data collection and actionable insights, a challenge that resonates deeply with AECM professionals.

What Happened
The construction industry has seen a dramatic increase in the amount of data collected on jobsites. Technologies such as 360-degree cameras, drones, and laser scans are now standard, creating exhaustive archives of project progress. Despite this, a significant disconnect remains between data collection and schedule management. A 2021 report by Autodesk and FMI revealed that only 12% of construction professionals consistently use project data for decision-making. Furthermore, bad data was responsible for 14% of all rework in 2020, costing nearly $89 billion. This inefficiency persists as a large portion of captured data, about 95.5%, goes unused, according to earlier studies by FMI.

What This Means for Your Business
For AECM stakeholders and government contractors, the implications are substantial. The gap between data collection and its application in project management means potential cost overruns and schedule delays. As project management platforms acquire reality capture companies, there's a shift towards creating integrated systems that transform raw data into actionable insights. This trend suggests that businesses should invest in advanced data analytics tools that can process and interpret jobsite data effectively. Doing so can enhance competitive positioning by minimizing rework and optimizing procurement processes, directly impacting ROI.

What US Operators Should Watch
US operators should monitor advancements in integrated project management platforms that offer enhanced data processing capabilities. Keeping abreast of these developments will be crucial to maintaining a competitive edge. Additionally, federal deadlines and procurement opportunities may increasingly require demonstrable data-driven project management capabilities, making it essential for businesses to adapt to these evolving standards.

Source: https://propmodo.com/owners-are-drowning-in-jobsite-data-and-still-guessing-at-the-schedule/. Read the original story ->