Construction teams love it when a project plan comes together—on time and under budget—and they're not alone. Three-fourths of employees rate teamwork as “very important” and 40 percent said they would even pay out-of-pocket for digital tools to help them work together more efficiently.
When implemented properly, software solutions that enable construction teams can have a very real impact on the bottom line. In fact, 91 percent of contractors and owners say that real-time collaboration reduces risk and improves outcomes on projects. Additionally, three out of four construction industry experts agreed that data integration and coordination dramatically improved the customer experience by reducing uncertainty.
A customer's experience throughout the design and build process translates into how likely they are to come back for more projects and offer referrals, which are the lifeblood of a growing business in the AEC industry.
Here are three real-world examples of how software integration helps teams work smarter in the field and the back office, while also controlling costs and keeping everyone on track with project schedules.
Job costing is a pretty basic requirement for all construction projects. You have to track and account for all costs associated with a project. To take it a step further, you should also categorize these costs based on their relationship to the project. Common examples of these include labor, materials, equipment, subcontract charges, and burden.
The devil’s in the details is a phrase that certainly applies to the construction industry. The success or failure of construction projects can be determined by communication, collaboration, and overall efficiency. All of the small details that go into a project. Data management is all about the details. Entire businesses run off of data, but each small piece is another detail to keep track of. Keeping track of those communications, allowing for free collaboration, and increasing efficiency along the way can be done through proper data management and integration.