Real time data has the ability to increase productivity and profits. With real time data, project managers are able to make quick, in the moment decisions that can make a big impact on the construction job.
What is causing the issue with productivity in construction?
Construction companies are having a harder and harder time finding a skilled workforce. 73% of construction firms are planning on hiring more workers. Yet, 73% are also reporting that they are having difficulty filling their positions. Of that number, 75% expect it to remain difficult.
Construction estimates are off. Only a quarter of construction projects come within 10% of the original deadlines. Less than a third are coming within 10% of the budget.
Lack of Data
The issue seems to lie within the lack of data. Without being able to track productivity in the field and real-time data on materials and labor hours - how can the timeline and budget be accurately budgeted?
How do we fix the lack of productivity in construction?
Real time data.
Construction companies that use mobile technology are seeing
- 2+ hours of added productivity per day by using mobile project documentation apps.
- 58% of companies that switched to construction software cut printing costs.
- 78% of construction managers feel that construction management software reduced the amount of time it takes to manage a project.
Check out the infographic from APE Mobile here.