Why Real-Time Data is Vital in Construction
In the construction industry, decisions must be made swiftly and without much time to consult with the multiple stakeholders involved with a project. In order make fast, educated decisions that will move your project forward, you must have the appropriate information available to you. If the correct, relevant information is inaccessible in this moments companies can be left making poor decisions that can set a project severely off course. The use of incorrect information in key decision making is a slippery slope for project managers, because one tiny mistake can set off a chain reaction that can be catastrophic for the profitability of a project. In this article, you will see all of the ways that the real-time data provided by construction software can take your business to the level.
Companies that are stuck using paper methods for reporting often require an employee whose sole purpose is reporting and data entry. Utilizing a construction software, like Kosmas, allows for more streamlined workflows so that office staff can spend their time on actual tasks rather than data entry or paper handling. No more paying employees for unnecessary tasks and shuffling paperwork. Real-time data also enables project managers to accurately monitor ROI by allowing them to closely track project costs and the flow of resources. This kind of informational transparency can lead to improved communications and a better understanding of projects as a whole.
How much time has your company wasted going back and forth between the office and the field because someone didn’t have the information they needed at their location? Unfortunately, when paper is used and documents are filed away employees have to spend a significant amount of time obtaining key information either traveling to the office or on the phone with someone who has to sort through hundreds of files to find that one form you need. Not only can construction software provide teams with real-time data, but it can save time by keeping field crews on the jobsite to record data, which can be seen and used in the office immediately.
When the flow of information is slow it can cause serious delays to a project and a decrease in productivity. In order to stay on track in the construction and service industries, it is imperative that teams are working effectively. However, when decisions cannot be made in a timely manner productivity can suffer, as can your bottom line. By getting rid of this unproductive time, a construction team will be able to get more work done in the workday.
Inaccurate information can lead to devastating mistakes that can negatively impact your bottom line. Companies can easily avoid these inevitable human errors by utilization a solution that allows key information to be created, stored, and shared in real-time. Construction software prevents errors that occur when information is manually entered or transcribed from messy paperwork.
When something goes wrong on the construction site, managers want immediate information from workers in the field. For this immediate flow of communication and information to be possible mobile technology must be in place. Once the communication reaches the construction managers, real-time data allows them to make informed, strategic decisions as well as offer helpful insights to the team based on the most accurate and current data. Therefore, these decisions are more precise and result in less rework, fewer mistakes and better bottom line.
Instant Issue Resolution
Real-time data is particularly important for tracking the progress of construction projects. Control mechanisms exist at every step of the process which requires constantly having the most updated information to be useful. By having real-time data at your fingertips, the project manager will be able to identify mistakes and fix them before they cause problems that can end in disaster.
It is absolutely vital that construction and field service businesses function like a well-oiled machine. In order for this to occur, everyone involved must be on the same page at any given time, and be ready to react to unanticipated events quickly and intelligently. Real-time data makes this possible by making it accessible to all team members at any given time while also expediting the flow of communication.