The author says construction must take advantage of technological advances such as AI and digital twins to innovate and ...
Those of us in the construction industry, whether we want to admit it or not, are faced with an unpleasant truth: we haven’t increased our productivity in more than 50 years. According to a research ...
The process of designing and constructing a building is markedly different from that of manufacturing a product. But adapting lean production-management concepts from manufacturing for use in ...
So why do materials hold so much sway over productivity? Because procurement governs time and certainty, the two currencies that determine whether crews are doing direct work or stuck in pre-work and ...
U.S. contractors lost between $30 billion and $40 billion in 2022 due to poor labor productivity, according to a new report from FMI Corp. The survey focused on self-performing contractors, those ...
Many of today's construction sites are powered by technologies that are helping contractors deliver projects on time and on budget—from surveying technology that pinpoints exact locations, connecting ...
Compared with other industries, the construction sector is unique due to some specific features and own inherent ...
We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then ...
High inflation and labor shortages are a major challenge for many industries, and no more so than in the construction and engineering (C&E) sector, where productivity has historically always been low.
A recent survey reveals that less than half of construction companies consider themselves productive. FMI recently surveyed general contractors and subcontractors with annual revenues from $15 million ...
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