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By Looq AI Addressing the Challenges of Utility Vegetation ManagementManaging vegetation around America’s electric transmission and distribution infrastructure is crucial for ensuring uninterrupted power delivery. A CNUC survey found that nearly a quarter of U.S. energy outages are vegetation related.
Meanwhile, cloud-based customer relationship management (CRM) software company Salesforce has an AI product that works with its CRM system to write follow-up emails, generate texts, and so on. It may take several months for a land acquisition manager to find that answer (and perhaps you’ll lose out on the deal in the meantime).
Economic conditions are obviously a major one, economic downturns, recessions and changes in government policy can all impact the profitability of the construction industry. According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes.
Overwhelmingly, digital risk, cyber security breaches, and the unknown liabilities associated with constantly evolving artificial intelligence technologies cause the most significant litigation trend concerns for the business owners and in-house lawyer clients responding to the Norton Rose Fulbright Twentieth Anniversary Litigation Trends Survey.
By Peg Landry Our new study, “Finding Common Ground: The Future of Project Information Management,” examines challenges related to sharing project information, including model data. Many of our survey respondents (67 percent) indicated that they do have a BIM process. It is constantly changing and it’s hard to keep up with it.
By focusing on detailed planning from the outset, businesses can mitigate any risks and move forward confidently. Land surveys are an essential component of this phase. These surveys provide precise data on property lines, topography, and existing structures.
By Steve Smith , EVP of Infrastructure at Graham Construction and Catie Williams, VP of Product Development at InEight A volatile risk climate worsened by ongoing reverberations from COVID-19, geopolitical conflict, and severe weather events is reshaping the traditional relationship between owners and contractors. Construction 4.0
The General Survey Act of 1824, signed into law April 30, 1824, authorized Army engineers to chart transportation improvements vital to the nation’s military security and commercial growth through the design of state and private roads, canals, and railroads determined to be of national interest.
Incomplete Scope Definition: A poorly defined project scope can lead to scope creep, causing additional costs due to unforeseen changes and additions. Inadequate Risk Assessment: Not factoring in potential risks like weather delays, permit issues, or unforeseen complications can lead to significant cost overruns.
Project management firm Hill International (Hill) has played a crucial role in supporting Metro constructing this ambitious project. Changes in elevation mean that the Project must contend with cuts and fills as well as a bridge replacement, seven bridge widenings, and 43 new retaining walls.
Cyber incidents such as data breaches, ransomware attacks, and IT disruptions are the biggest business risks for companies globally in 2025, according to the Allianz Risk Barometer. The Risk Barometer also surveyed Construction and Engineering risk experts to identify the threats keeping them up at night.
While using power tools and high-voltage welding rigs over a lake would still be complex, we were confident that the barge would be the most efficient approach, with the lowest safety risk. Then, create a solid backup plan, in case site conditions or logistics change for any of the stakeholders.
According to KPMGs 2015 Global Construction Survey , a staggering 69% of projects experienced cost overruns of 10% or more. When budgets, documents, and schedules are scattered across spreadsheets and emails, teams struggle to identify risks and managechanges effectively.
How to ManageRisk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid riskmanagement strategy is critical to the security of your company and project.
The headline news from the most recent Arcadis survey of global disputes is that the sums involved in disputes have more than doubled but the number of disputes has stayed about the same. Worryingly, some 60% of survey respondents expect the number of disputes to rise this year. Nick Barrett.
Traditional construction cost management remains problematic for most real property owners. Traditional Construction Cost Management Failure. The recently published survey of 243 owners (122 public, 121 private), 240 general contractors and 241 specialty trade. Quantitative performance metrics. Regular third-party audits.
Only two in five (39%) have undertaken occupational safety and health training about risks related to their work. Data taken from the World Risk Poll shows that almost one in five (18%) of the current global workforce has personally experienced harm at work in the past two years. The risk environment in construction is volatile.
From grappling with a heightened focus on riskmanagement to embracing automation, today’s industry leaders are navigating a landscape peppered with challenges and opportunities. RiskManagement Takes Center Stage in 2024 For both CRE developers and lenders, 2024 magnified the focus on riskmanagement.
It feels like the world is changing, and changing fast. It’s probably hard to imagine that in the midst of all this innovation, some things haven’t changed much—if at all. But let’s say there was minimal visibility into how one person’s risk data compared to another.
“The Resilience Improvement Plan development process, which includes a vulnerability assessment, will be a great opportunity to get all of our partners in infrastructure together to determine critical investments that will keep Kansas going during catastrophic events,” said David Schwartz, KDOT project manager for the Resilience Improvement Plan.
The Challenges of Traditional As-Built Documentation: The traditional approach to creating and managing as-built drawings is fraught with difficulties, often resulting in delays, budget overruns, and potential safety hazards. The painstaking manual revision of drawings further exacerbates the risk of inaccuracies.
The 2024 Class of Rising Stars in the AEC Industry Jeremy Mano Architect/Project Manager ARRIVE Architecture Group Bedford, TX Jeremy Mano is a bright architectural professional who stands out not only for his innovative designs but also for his commitment to teaching, research, public service, leadership, and exemplary time management.
or “What changes can we introduce to significantly impact our employees?” Let’s take a look at the distinctive traits that set the top-performing firms, specifically the 10 firms with the highest employee survey scores, apart within the AEC industry: Employee-centric culture. Contact him at kahern@zweiggroup.com.
It lies in its ability to proactively identify risk and thereby reduce safety issues before they even have the chance to occur. . By nature, jobsites are generally chaotic, busy, and always changing. So how do you reduce risk in a setting that many might describe as inherently risky?
The construction industry is no stranger to big changes. Every big change has certainly come with its challenges, but the construction industry has successfully overcome these pain points to advance processes and achieve new levels of efficiency. We are also an early mover in AI.
Here are a few resources from Procore to help drive the change. Panelists for the upcoming webinar include Stacee Barkley, global diversity, equity, and inclusion leader for DPR Construction ; Abby Ferri, CSP , chief risk officer for Insurate ; and Cal Beyer, vice president of workforce risk & worker wellbeing for Holmes Murphy.
The post The Importance of Topographical Surveys in Construction Planning appeared first on UK Construction Blog. Topographical surveys play a crucial role in this process, providing essential information about the land that will host the construction. Moreover, topographical surveys help in planning drainage systems effectively.
Alleged Violations (and Changes to Come) From the NAR Commissions Settlement Lawsuits filed against the National Association of Realtors, namely a Department of Justice (DOJ) antitrust suit , are changing the status quo of the buyer-agent relationship in a home sale quickly and potentially with great impact.
Minimizing risk through cost certainty and a fully communicated detailed scope of work is critical to every repair, renovation, and new build. Serious project planning, procurement, and project management errors and associated requirements for change orders. KPMG Global Construction Survey. Where is YOUR organization?
Introduction Construction management entails coordinating and overseeing various project corners including planning, scheduling, risk reduction, collaboration, budgeting, and quality assurance. Traditional processes and tools related to construction management aren’t able to cut it for complex, cost, and time-driven projects.
The job of construction project managers has gotten increasingly complex over the last few years. In fact , 78% of engineering and construction companies believe that project risks are increasing , according to a KPMG survey. Project managers can specify the default reviewer and coordinator for each of the RFI Types.
Project managers have always taken critical roles on construction projects. Over my career, I’ve worked as a project engineer, BIM coordinator, and MEP manager. Yet, undoubtedly the role of construction project managers is evolving. Yet, undoubtedly the role of construction project managers is evolving.
First and foremost is important to understand that all projects are exercises in managingchange. The key to consistent delivery of successful projects therefore lies in the ability to account for and/or manage variations as they occur. Senior management failure is the #1 cause of poor project outcomes. Edwards Demming.
SentriForce is a leading provider of managed video surveillance. With intelligent, scalable, and effective security services, you can minimize risk and keep your assets secure. However, safety risks are far from the only threat that construction sites are exposed to. The following is a guest article by SentrifForce.
Having spent seven years as the CEO of Altus Traffic, what was the largest traffic management company nationally, a major focus of his team was “getting you home safely”. The NTRO played a key part in the development of this report, surveying 1100 industry participants about their experience of safety on Australian roads.
Watch what they have to say: AR and Drone's Impact on the Industry Kelly Barber Division Chief, Systems Management, Pennsylvania Department of Transportation "Some of the biggest construction trends and innovations that we are starting to explore are the use of AR and drones.
While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. It’s so hard to hire a project engineer or even a project manager or superintendent. Recognize that risks are part of the territory Reducing risk starts by recognizing it.
A recent survey by Dodge Data & Analytics found that a significant majority of contractors (93%) indicated that their projects had been affected by rising construction costs due to supply chain issues. . To help you do that, this post covers the essentials of managing the supply chain in construction. Let’s dive in! .
Emma Stuart, Group HSSE Manager, Viva Energy It is critical to invest in helping leaders understand how to identify risk factors, have a conversation with their people and be supportive and responsive. This month, we asked the industry’s decision-makers, ‘How can organisations greater support employees when it comes to mental health?
As teams get larger and construction projects become more complex, proper document management needs to be an integral part of your workflow. Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. billion in rework alone annually.
Generative AI will be leveraged by more construction businesses to help collect and standardize the vast amounts of data they operate with – providing more actionable insights and reducing risk. “It all comes back to predictability. ” 6.
A new survey by Compare the Market AU reveals 57.8% A new survey by Compare the Market AU reveals that almost 60% (57.8%) of Americans have experienced road rage in some fashion. Over one-in-ten Americans surveyed said they had been a perpetrator of road rage themselves (16.9%), while 42.2% Constantly changing lanes 46.2%
Editor’s Note: This is Part 1 of a five-part series on Construction Project Management. How those projects are managed can make or break the company. That makes project managers (or in some companies, project sponsors who oversee teams of project managers) arguably the most important role in an organization.
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