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The Power of Data: Revolutionizing Decision-Making in Construction

The Power of Data: Revolutionizing Decision-Making in Construction

For too long, the construction industry has relied on intuition, paper-based processes and experience for decision-making.

Now, the industry faces several data-related challenges impacting construction project efficiency, cost, and overall success.

Research shows that almost 1 in 7 (14%) construction fixes are caused by mistakes in the data used, and over half of the construction rework happens because of problems with project information and unclear communication.

This article will explore how data and data analytics transform construction by; 

10 Data-related Construction Industry Challenges

1. Data silos are one of the major issues occurring in construction management processes. 95%of all data collected in the engineering and construction industry are not being used.

Information is often stored in disparate systems and formats, making it difficult to access and share across different teams and stakeholders.

This fragmentation leads to inefficiencies and miscommunication.

2. Data accuracy and quality present significant challenges.

Ensuring the accuracy and quality of data collected and analyzed on-site is crucial, as inaccurate or incomplete data can lead to poor decision-making and costly errors.

3. Real-time data collection is essential for making timely decisions. 

Collecting and processing real-time data from construction sites can be challenging due to the dynamic and often remote nature of these environments.

4. Data integration is complex and necessary for consolidating information from various sources, such as Building Information Modeling (BIM), project management software, and IoT devices, into a cohesive system.

5. Data security and privacy are critical for protecting sensitive information, such as construction project plans, other reports, financial data, and workers’ personal information.

Strong cybersecurity measures are needed to prevent data breaches and ensure compliance with data privacy regulations.

6. Data analysis and utilization require advanced analytics tools and skilled personnel. Many construction firms lack the resources or expertise to fully utilize data analytics to improve project outcomes.

7. The industry lacks standardization in data collection, storage, and sharing, which creates inconsistencies and hampers collaboration between different stakeholders.

8. Training and adoption of new data management technologies and practices can be difficult. 

Effective training is, of course, essential to ensure that workers use new tools efficiently. 

91% of businesses agree that their employees should learn digital technology skills to keep up with the new labor-saving technologies.

9. The cost of technology is a significant barrier, especially for smaller firms.

Investing in the latest data management, machine learning, and analytics technologies can be expensive, making it difficult for these companies to afford such investments.

10. Regulatory compliance is another layer of challenge, as construction companies must navigate and manage a complex landscape of local, national, and international regulations regarding data management and privacy.

So, what is construction data analytics?

Construction data analytics transforms knowledge gained from past projects into actionable data insights for future endeavors.

By analyzing real-world data from similar projects, construction companies can craft more accurate budgets and timelines, setting the stage for success from the very beginning. 

This data-driven approach also empowers proactive problem-solving.

What is the value of construction data analytics?

Construction teams can take preventative measures and avoid costly rework by pinpointing potential issues like material shortages or weather-related delays.

It helps optimize workflows and streamline processes, increasing job site efficiency.

Ultimately, construction data and predictive analytics empower informed decision-making, guiding critical choices throughout the project lifecycle – from material selection to subcontractor selection.

Here are some of the benefits and values of using real-time data in construction.

Accurate & Complete Data

Real-Time Data Analysis

Data-Driven and Informed Decisions

Improved Communication & Collaboration

The Construction Data Analytics Solution

Properly managed real-time data boosts workforce productivity by allowing for immediate tracking of employee attendance and location, which increases accountability and enables managers to make on-the-spot adjustments.

MobiClocks®️ significantly boosts data efficiency in construction projects through advanced technologies and comprehensive workforce management features.

Our true face recognition technology ensures precise recording of labor hours, preventing fraud like buddy punching and ghost employees while enabling employees to clock in and out in less than 2 seconds, reducing delays and errors.

Real-time data collection through geo-fencing and GPS breadcrumbing accurately monitors employee locations, ensuring their presence at designated job sites.

The flag alert system notifies managers of any irregularities, enabling prompt corrective actions.

Advanced cost coding facilitates precise job costing and budget management by assigning labor hours to specific tasks or projects.

The drag-and-drop interface simplifies cost allocation, reducing manual errors and saving time.

Integration with major systems, such as payroll and ERP, automates data transfer, reducing manual entry and ensuring smooth data flow between workforce management and broader business operations.

The eased reporting suite provides detailed insights into labor costs, productivity trends, and project profitability, offering real-time analytics for immediate access to workforce data and supporting informed decision-making.

To learn more details on MobiClocks®️ usage and benefits, Request a FREE DEMO

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