Construction inefficiencies occur because of delays and budget overruns. According to a research, construction efficiency rates hover consistently as low as 30%. The colossal amount of time, money, and labour wasted puts a huge negative impact on the industry as a whole. The construction industry is notoriously poor at completing projects on time and within budget.
It goes without saying that improving planning will improve productivity. You can start by analyzing the entire construction process from end-to-end on previous jobs to locate and determine productivity weaknesses and strengths.
Labour also has a huge impact on efficiency. There is a long list of issues that can occur to make the labour situation inefficient. Absenteeism and turnover are often the result of poor working conditions, including excessive overtime and extreme weather. Awaiting replacements and getting them up to speed can take its toll on productivity typically four days of lost work per worker.
But a new solution to these problems has been sweeping the industry that is cloud based project management software. It can help to keep the projects organized and streamline the construction process, helping eliminate inefficiencies. This allows workers to focus on the actual building, as the software handles many tedious, time-consuming tasks such as invoicing, document management, incident reports, timesheets, and much more.
Tracecost provides a cloud based software for real time management and use of precise data and reporting. By using this software in the planning process, one can access all the necessary information all in one place and ensure everyone in the project is kept up to date with any changes made to the scope of the project.
It also helps the project manager to break down the overall construction project into more manageable parts to identify of improvement and monitor worker productivity. With this information, the project manager can more easily make changes to the project plan, improving productivity and project efficiency.
In order to maintain operational efficiency, it is important to maintain effective communication between all workers on the construction site. Consistent communication can help clarify the role each worker plays and minimize the chance of delay or rework. Tracecost also uses mobile application to allocate quick and convenient movements to improve work efficiencies, improves team collaboration on projects and monitors team performances.
In short, changes that lead to inefficiencies affect schedule and cost performance throughout the construction industry, resulting in significant schedule slips and cost overruns. Although a lack of productivity is the primary factor contributing to these negative outcomes, there are many quick and easy ways to make productivity improvements that will have a dramatic effect on your bottom line. Adopting new technology and using more data in the planning process are just two of the most expedient means to reduce inefficiencies.