Spurred on by the gradual shift toward digital transformation to improve project outcomes, contractors are zeroing in on performance and progress data to monitor how well projects align with those outcomes. Many are using earned value management...
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Spurred on by the gradual shift toward digital transformation to improve project outcomes, contractors are zeroing in on performance and progress data to monitor how well projects align with those outcomes. Many are using earned value management (EVM)https://ineight.com/process-solutions/earned-value-management/, widely considered to be an industry standard for calculating and tracking project performance metrics, as their method […]
We’ve all heard the familiar saying, “Garbage in, garbage out.” In construction, we could rephrase it as, “Bad input, bad outcomes.” Because while there’s no shortage in the quantity of data being produced at any given moment during a capital project, what matters even more is the quality. But for all the discussions around the […]
The latest Global Capital Projects Outlook (GCPO) is out, and with it have come many rich construction industry insights. Among these for 2023 is the reality of data “haves and have nots.” This phenomenon centers around the advantages provided for project outcomes for those with solidly digitalized technology tools and techniques versus those organizations without […]
Every jobsite task has a tool or piece of equipment specifically designed for it. Equipping field teams with the hand tools, power tools and heavy machinery they need ensures they can do the work correctly, accurately, efficiently and safely. There’s one more thing they need to do their jobs more effectively: data. With data being a […]
Today, in construction’s fast-paced and complex world, owners and operators face the ongoing challenge of making critical decisions that impact their projects’ success. To ensure informed decision-making, it is imperative for any owner/operator to gather, organize, and present vital data effectively. With this goal, let’s explore strategies and best practices for optimizing data management, and […]
For many years, studies have been reporting the relative lack of using the latest technology in the construction sector. One of the most cited reports comes from McKinsey, a global management consulting firm, where they calculate that technology can improve productivity by up to 50%.[1] They have summarized that technology can be leveraged to provide […]