Emerging technologies are changing construction management services. They aim to improve project delivery, data analysis, and communication among stakeholders. Using the latest tools for data management helps organizations make more informed decisions, optimize processes, and minimize risk.
Construction management services are crucial for the successful planning, coordination, and control of a project from inception to completion. While 2023 will surely bring challenges, current trends in the industry are already having a positive impact. According to a study by McKinsey & Company, the use of digital tools in construction management can help reduce errors by up to 30% and increase productivity by 15%. Some trends to look out for include:
1. Increasing reliance on data visualization technology: Show me the data. The use of data visualization technology such as drones, virtual reality, and artificial intelligence (AI) is on the rise, helping to gather and visualize data to improve project efficiency. As AI continues to evolve, it is poised to become one of the most important tools in CMS. That’s because AI can analyze historical data -- including costs, timelines, and potential risks -- to support construction managers making smarter decisions. This can make a huge difference in areas such as budgeting, scheduling, and risk management.
2. Sustainability: It’s easier being green. Organizations are trying to reduce their carbon footprint by incorporating more sustainable practices into construction projects, such as using energy-efficient materials and reducing waste. CMS will likely play a greater role in promoting sustainability in the industry by implementing practices that conserve resources and reduce CO2 emissions. To help identify opportunities to reduce the environmental impact of construction projects, CMS can perform data-driven life cycle assessments to evaluate the environmental impact of construction materials and processes. Management Solutions frequently supports clients in achieving their sustainability goals. For example, by providing the San Diego County Water Authority with cost estimates and constructability review services toaddress their supply water pipeline deteroriation conditions, we helped the client improve its infrastructure efficiency, conserve resources and avoid a possible service failure.
3. Offsite construction: Out of site, not out of mind. There is an increasing trend towards the use of offsite construction methods, such as prefabrication and modular construction. By leveraging data on the advantages of offsite construction methods, CMS can help improve quality, reduce costs, and accelerate project timelines. Modular construction allows components to be standardized, reducing cost while ensuring predictable results. Industry experts anticipate that this combination of speed, efficiency, and accuracy will make pre-fabrication and modular building the way of the future in construction.
4. Many tools in the toolbox. Whatever works for you. Construction managers have a wide array of software tools at their fingertips to meet the unique requirements of each project and set of stakeholders. Having a range of software options allows construction management professionals to choose software that is compatible with their existing systems, reducing the need for additional IT infrastructure and training. In 2023 and beyond, the increasing adoption of a variety of software tools and data bases (including Bluebeam, P6, RS Means, NECA, Fieldwire, Procore, and more) in CMS is likely to result in significant benefits, including improved project coordination, reduced errors, optimized design, and enhanced collaboration among stakeholders.
5. Value engineering: Less is more. The construction industry is under pressure to extract more value from less. A key component of value engineering – a ‘lean construction’ practice used to identify ways to optimize the value of a project while minimizing the price tag – is cost estimation. Cost estimation provides an accurate picture of the cost of the project, enabling the project manager to make data-informed decisions about budget, resource allocation, and scheduling. Industry trends point to prioritizing cost estimation as an essential part of value engineering to stay within budget while upholding quality standards. Management Solutions is an industry leader in cost estimation, providing Class 1-5 services to the Department of Energy (DOE) and U.S. Army Corps of Engineers (USACE) clients on complex projects critical to national security and preserving natural resources.
Management Solutions provides a comprehensive array of Construction Management Services to lead clients into a brighter future, improving project performance through proven sustainable solutions.