Case Study

Multi-purpose reporting tool for day-to-day construction operations monitoring

Multi-purpose reporting tool for day-to-day construction operations monitoring

Pages 1 Pages

CONTEXT Why construction progress tracking matters Delays and budget-overrun are all too common in the engineering and construction sector. 98% of megaprojects in mining, oil and gas and infrastructure face cost overruns or delays according to a 2015 McKinsey report (The construction productivity imperative). With so many moving parts and different disciplines, keeping a site on track is critical. Among the main factors accounting for schedule and cost challenges, inconsistent progress reporting and inadequate communication are often on top of the list. As a result, productivity has remained flat for decades in the construction industry while spending is on the rise (US construction spending has hit its highest level in 13 years, with a seasonally adjusted rate of $1.28 trillion*). Y

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