The End of RFIs?
Autodesk Construction Cloud
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Wasteful processes are a significant pain point in the construction industry costing businesses millions of dollars annually. Take RFIs for instance, where there are 9.9 RFIs for each $1M of construction project value, costing a typical large-scale construction project almost $900,000 in RFI processing costs. While RFIs aren't going to disappear completely overnight, there are key ways teams can reduce wasteful processes on the whole. So today, we talk about how to cut the process waste and improve operational efficiency and profits.
IN TODAY'S EDITION:
The end of RFIs (& other wasteful processes)
When it comes to RFIs, technology undeniably helps streamline the workflow. But they are still a wasteful process that we’re better off working to eliminate in construction. Although RFIs won’t disappear overnight, what if we started “small” and could cut them down by 25%? Think of the time and hundreds of thousands of potential dollars that could improve your bottom line, not to mention reduce the aggravation your project team endures. Our vision starts at the beginning: by shaking up the entire digital construction system so it’s optimized for success from the start. So, how do we get there? We're glad you asked...
The construction exec's guide to protecting margins
Let’s face it–construction business and project leaders are feeling the pressure to do more with less. That being said, we all have the opportunity to build smarter. That's why we asked six industry leaders how they’re managing profits, projects, and people. Each executive had different, dynamic takes on how their company is protecting margins, from leveraging BIM data for competitive bids to letting workers focus on the tasks they do best.
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Expert planning & financial health tips
How can you prepare for unplanned cost spikes? By understanding the financial health of your project from the start. In this upcoming webinar, you'll get a snapshot of current construction challenges, solutions, and trends from AGC’s Chief Economist, Ken Simonson. Hear real-life stories from construction experts on how they improved project takeoffs and estimating in preconstruction, then learn about preventative tools to help your team minimize rework and maximize profits.
PODCAST: Delivering operational excellence
Behind every successful project is a slew of operations processes and team members that ensure project stakeholders have everything they need to complete the job on time with consistency and high quality. Without robust operations practices in place, projects can be doomed before they even begin. With that in mind, we’ve invited Giana Morini, Operations Technology Leader at DPR Construction, to share how operations thrive at DPR Construction and how their operational success can be replicated at any organization.
Keep Digging
PHOTO OF THE WEEK
Improving current processes is paramount to future success on projects. We are all about innovation, especially when it comes to RFIs. ??