Finishing projects on time and within budgetary constraints is critically important for success of companies in the construction business. Pandemic upheaval of 202 has shown that agility and quickness in adaptability is also necessary in situations when economic environment changes rapidly. Business professionals are quickly learning that technology can be of great help when faced with these difficulties. Digital technologies can provide solutions that can be profitably leveraged in construction, and survey data shows that laggards are those who still rely on manual solutions to productivity challenges.
Key Takeaways:
- Budgeting and scheduling have been even harder to do consistently with the pandemic.
- A new study shows that high performing businesses use digital tools to manage their projects.
- These digital solutions are more efficient and cost-effective, making them a good choice.
“Relying on manual processes at key project junctures like these is directly correlated with cost overruns, the survey reveals.”