Remove Innovation Remove Risk Remove Schedule
article thumbnail

Construction in the Digital Age: Embracing Innovative Tools for Successful Business

Construction Marketing

Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations. Safety and Risk Management Safety and risk management are paramount in the construction industry.

article thumbnail

Innovative Approaches to Industrial Construction Project Management

Construction Marketing

As in all walks of life, technology and innovation are changing the landscape of the industrial construction industry. With this in mind, keep reading for 5 innovative approaches to industrial construction project management in 2023. It streamlines scheduling. It eliminates the need for in-person meetings.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement Risk Management in Construction Projects: Strategies and Tools

Building Radar

Procurement risk management is a critical aspect of construction project management, ensuring that projects are completed on time, within budget, and to the required quality standards. Effective risk management strategies can help mitigate potential issues that may arise during the procurement process.

article thumbnail

Generative AI can bolster innovation in construction industry

BD+C

Generative AI can bolster innovation in construction industry 0 qpurcell Tue, 09/24/2024 - 10:48 AEC Tech Jeff Danley, Associate Technology and Innovation Consultant at Burns & McDonnell, suggests several solutions generative AI could have within the construction industry. Improve construction automation.

article thumbnail

Construction Liability Issues: Common Risks and How to Mitigate Them

Building Radar

Construction projects, by their very nature, involve a significant degree of risk. Understanding these risks and knowing how to mitigate them is crucial for anyone involved in construction, whether you’re a contractor, developer, or project manager. Common Construction Liability Issues 1. Documentation is also key.

article thumbnail

What is an Example of Construction Technology: Innovations and Applications

Building Radar

As construction projects become more complex, the integration of innovative technologies has become essential for staying competitive. It helps optimize resource allocation, schedule management, and cost estimation, leading to faster project completion. This ensures better budget management and reduces the risk of cost overruns.

article thumbnail

What is ‘Construction Management at Risk (CMAR)’: Understanding the CMAR Delivery Method

Building Radar

Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. Understanding Construction Management at Risk (CMAR) What is CMAR? Learn more about this method on ProjectSight.

Risk 40