Construction Industry Innovations

The Incredible Value of Project Information in Construction Projects

Posted on January 12, 2012

Valuable Information Generated Throughout the Project

When starting a new project, contractors, construction managers and clients are all worried about completing a project on time and within budget. Almost no one is thinking about what will happen to all of the information that is generated throughout the life of the project.

The operations and maintenance team should be, but they are used to being handed large volumes of paper manuals that provide little value with today's technologically advanced plants. Often these manuals end up in a basement or storage facility to decay along with bankers boxes full of project documents. Considering the amount of money spent on building the plant and the amount of valuable information that is generated, construction managers, and clients especially, need to look at this gold mine of information differently.

This information provides ways to reduce operating costs, improve how the next project is designed, and provides historical costs for budgeting for the next project. New technology allows project information to be tracked electronically throughout design and construction, meaning that this rich resource is now easily accessible.

Instead of storing and shredding thousands of pounds of paper upon project completion, this information can be transferred to O&M teams, Plant Engineers, and Designers at the click of a mouse, thanks to collaborative construction management software.

With powerful search technologies and the ability to link this data to BIM models and GIS applications, these volumes of electronic information will continue to deliver substantial benefits and cost savings to the client. To reap the benefits of this electronic information, the project team needs to identify how they are going to manage all this project information electronically from the start of the job. By taking advantage of a collaborative construction management application from conception through design to project completion, managers build a repository of data that will pay for itself multiple times over during the life of the project. Project teams need to look at the information life cycle just as they look at a plant's life cycle cost and control it accordingly.

Death of the Transmittal

With today's collaborative construction management software moving information electronically across the project team, the paper transmittal is finally dead. The transmittal was originally implemented to track the sharing and exchange of project information between members of a project team. Originally it was shipped, then faxed and more recently emailed with project documents like drawings, submittals, and RFIs. This laborious and tedious task is no longer necessary for project teams using collaborative construction management software. These software tools log when information is sent, read, and responded to.

This is all the same functionality that a transmittal used to deliver without a user having to spend hours generating this information and tracking it. You also get the advantage of being able to run reports and search this information without having to re-enter it into an Excel spreadsheet. One less piece of paper to log, photocopy, and file on the project leads to cost savings; projects completed sooner, with one less chance for human error. And for those mindful of environmental impacts, this is a great way to go green while saving serious green on your next project.

Construction Industry Software

Posted on November 1, 2011

Enterprise resource planning (ERP) has provided the construction industry with a construction industry software system that is designed specifically for its needs. It's a system that can cover every area of construction and provide real-time visibility throughout the project. This one-piece system is distributed and all-inclusive. It's a cost-effective system that provides applications for all business processes. These include accounting, human resources, sales and marketing, supply chain management, manufacturing, customer relationship management... All of these applications are integrated into one platform, one database, that is also automated for speed and accuracy. The software will also monitor and track resources such as human capital and equipment

Business support today, whether for large or small enterprises requires reliable software tools that can handle a variety of tasks efficiently and in less time. Much of the demand in the construction industry is for just in-time delivery. The enterprise software system manages that aspect of the project with no problem at all. It coordinates the supply chain and gives you a monitor to track activity at each phase. From the office to the construction site you are fully connected and can receive information and data as it develops. All designated employees have the same access to information, which they can use to collaborate, communicate and share.

In order to effectively manage and track the costs of manpower, equipment and supplies, on an ongoing basis, you need a real-time view into operations. That is what you get with enterprise software. Your accounting General Ledger can record all transactions and expenditures as they take place. The enterprise construction industry software system also provides diagnostic tools to help you make analysis and provide business intelligence to management. An application module for project management helps you to stay on top of all areas of production and gives you the ability to report at any stage. Read more...

How to Start a Business in Construction Industry

Posted on September 10, 2011

Starting a business is never too easy and one would already know that. You have to work out several things before deciding upon a niche for your business. Moving into a well established construction industry is going to be tough with many great and reputed players already in the market. Most likely you need to concentrate on your existing contacts and try building few more, as it's a complete "word of mouth" type business where the reputation talks for itself.

If you have planned everything and are waiting for a time to begin, then most appropriate time is after hurricanes, twisters etc is the best, when several homes are destroyed within minutes and you can earn your living by making new homes for those affected. This way you can make a reputation for yourself by providing quality service related to construction.

Do you know: historical events like the Tsunami and hurricanes like Rita, Katrina have destroyed millions of home in seconds leaving a huge amount of mess to clear along with new re-construction opportunities worth trillions of dollars? Many construction companies are still feeding on the remains of those natural calamities and have made millions of dollars for themselves by now. That's called timing.

Technically speaking, construction work has to be first done on the paper just like traditional ways, where you will draw a blueprint of the structure that is going to be constructed. Time is changing rapidly and with the use of good construction design software's and construction estimating software you can easily define the stages of construction along with their pricing details. Every client wants a trustworthy construction company which is sincere and punctual in their commitments and can provide quality work on a long term basis. Takeoff software gives fast, accurate cost estimates and material takeoffs. Read more...

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