The United States is one of the largest construction markets worldwide with expenditure reaching over 1,162 billion US dollars. Industry trends range from emerging construction careers, new avenues of construction spending, changing workforces and green construction methodologies which have been successfully transforming the industry as a whole. The relevant industry statistics and facts can help you make important future decisions with regards productivity tools, preconstruction planning, workforce efficiency, and risk assessment. Continue reading Current Statistics about State of the Construction Industry
For the success of any project, cost estimates are very important. So reliable and the accurate estimates must be produced by the teams during the conception and definition phase of a project. Though it is a tough calculation to make, it is absolutely business’ bottom line. In fact, cost estimation is an ongoing process, and estimate revisions are common in order to ensure accuracy throughout project execution. However, you may put yourself at major risk, if you aren’t thorough with Total Cost of Ownership (TCO) analysis before investing in new technology. Continue reading Key Parameters of Assessing Technology Costs in Construction
The theft of materials and equipment from construction sites is an industry-wide epidemic. It is difficult for the construction managers to secure valuable equipment and materials inside a structure that hasn’t been constructed yet. According to the National Equipment Register’s (NER) 2013 Equipment Theft Report, poor site security, the high value of equipment, lenient penalties for thieves, and low risk of arrest are the factors that contribute to the frequency of equipment theft.
Whether you are a property owner or a contractor, it is important for you to have a clear and accurate forecast of how much building will cost and how long it will take before you begin. Construction cost estimation is a process of forecasting the cost of building a physical structure. Remember, a condition of the labor market for carpenters at the time of construction and specifics of the site and the building design differ, every construction project will have its own unique set of variables. Underestimating and overestimating can both have negative consequences.
Since 2011, the construction industry has been growing at a steady pace. With the beginning of a new year, it is important to note the new and emerging trends in the construction industry. In fact, to stay ahead of the competition, contractors and builders seek to know more about the latest trends in the construction industry. Besides technological growth, it is the labor issues, hiring and the expenditure that are setting trends for 2018.
Construction industry still remains as one of the most dangerous industries of all. According to the survey conducted by International Labor Organization (ILO), nearly 60,000 fatal accidents at construction job site occur every year. Well, technology can help but only if it is used properly and consistently. Technology is improving the construction industry in the office, through equipment and materials, on the job site and even with personal protective equipment. The advanced technology is making construction sites safer and more efficient. Recent advancements have seen many tech innovations that started out as novelties or gimmicks to quickly find their way to practical applications in the built environment sector. Here are six videos that explain how digital technology can advance construction safety.
One of the common considerations while constructing a building among the owners or decision-makers is the choice between using one firm for all aspects of your project (architecture, engineering, development, and construction), or using separate firms for each component. While cases can be made for each approach, we at A F Alber believe that integrated approach offers several unique benefits to the building owners. Integrated approach not only helps in improving the life-cycle costs but also offers a greater potential to reduce first costs. Many owners have assumed that high performance; integrated design solutions would always cost them more.
In the recent times, modular buildings are becoming the popular construction choice. More and more people are looking to build modular as they are cost-effective, flexible and aids in efficient construction. As modular components are pre-fabricated, this allows buildings to be easily expanded, relocated and reduced to adapt to changing business environment. Reduced material waste due to a pre-engineered aspect of modular systems and quicker installation timeframe are other major advantages. Besides, there are several other advantages to utilizing modular construction methods over traditional construction within the industrial commercial setting.
If you have been spending quality time in the construction industry, then you would have certainly come across the terms computer-aided design (CAD) and building information modelling (BIM). In the recent years, BIM – a process of laying out the building systems such as electric works, plumbing, and HVAC systems – is gaining popularity and set the new industry standards. This model has become an indispensable tool for the construction professionals and architects, especially for commercial building. Continue reading BIM v/s CAD – What’s the difference?
In the recent years, a growing number of construction firms are adopting the lean methodology. This method is simple and attractive in an industry where safety, budgets, and timeframes are all critical. This is because the lean methodology places emphasis on maximizing the value for the customer while minimizing waste. However, the approach utilized in the methodology is different when compared to the traditional construction methods.
Let’s take a deeper look at what Lean Construction methodology is and how it can help you.
Lean construction attempts at streamlining the construction process by eliminating waste and optimizing the existing resources. The lean construction re-evaluates how you currently do business, and how to deliver the very best projects possible with the help of some aspects of the modern business at a very nominal cost. Additionally, to add great efficiency at every level – from inventory and transportation to production – measurable values from the modern business world like key performance indicators (KPIs) and bottom-up personal accountability are incorporated.
Lean construction technology aims at reducing the high levels of waste that can occur in the construction industry and also targets at providing the best value to both builders and clients. Lean construction helps in organizing the whole construction process while making it more programmatic and predictable.
Lean construction, an approach developed by Toyota after World War II, points out eight major types of waste.
- Overproduction: Overproduction happens when a task is completed earlier than scheduled or before the next task in the process can be started.
- Defects: Anything not done correctly for the first time demands rework which further wastes time and materials.
- Waiting: Delay in delivery of materials when workers are ready is one of the most common scenarios that lead to waiting at a construction site.
- Transport: Moving of equipment, materials, and even workers to the construction site even before they are needed results in a waste of transport.
- Not utilizing talent: Many workers at construction site possess a range of skills and experience. When the right person is not matched to the right job, their talents, knowledge, and skills go unutilized.
- Inventory: Materials that are not required immediately are considered excess inventory. These excess materials not only tie up a budget but also demand proper storage and often degrade when not used.
- Over Processing: This happens when features or activities added have no value to the client. Many times, this occurs when contractors try to eliminate other types of waste.
- Motion: It is the distance between workers and tools or materials. In many instances, the movement proves unnecessary.
How can construction project help you?
If you are a developer or contractor and looking forward to avoiding unnecessary work and resources, lean construction is one of the easiest ways to control waste. Aforementioned, lean construction also helps in increasing the value of the output. All that lean construction demands is right collaboration and communication among stakeholders such as buyers, owners, suppliers, managers, and contractors.
Now that you know about this cost-saving method, adopt this in your construction activity and yield the results. Keep yourself logged in to A F Alber to read more about the latest news in the construction industry. We take the utmost pleasure in providing you with updated information.