How AI Helps Eliminate Waste on Construction Sites - Before You Even Break Ground
The construction industry presently contends with numerous challenges that lead to waste. Wasted time. Wasted money. Wasted manpower. And yes, wasted materials. Product complexity and margin pressure continue to increase and the persistent labor shortage is exacerbated by a low productivity rate of just 42% with the rest of workers’ time on the job spent waiting, necessarily handling materials, or reworking poorly completed projects. As such, there is an extreme and urgent need for a solution to eliminate waste and enable construction companies to make the most of their assets.
The average construction project wastes 25-50% of its resources, but smarter planning based on actionable insights can generate leaner, more profitable incomes. How? Through the power of artificial intelligence (AI). When applied to the construction planning process, AI collects and analyzes all relevant data to learn the project’s needs and constraints and teach contractors how to allocate their resources to maximize productivity and minimize waste throughout the project’s lifecycle.
Construction is just one of those industries that is enveloped in risk. Risks to personal safety and property in the form of theft and damage are the major contenders. And the larger the project is, the more risk is involved. Luckily, AI is rapidly being adopted as an assistive tool for real estate developers, contractors, designers, and other stakeholders to proactively assess and mitigate risks before they occur on the job site. AI software can constantly glean data from real-time monitoring systems, such as cameras and sensors, to identify and alert users about potential risks, including structural stability, constructability, bodily wear and tear, inadequate visibility/supervision, and more. These insights can inform the construction planning process for present and future projects engaged in by a given development company, assigning priority to certain issues while limiting waste caused by all kinds of incidents on the job and ensuring compliance with regulations.
More accurate handling of funds
The construction industry can draw inspiration from the retail industry, which is already using AI to forecast demand and plan supply chains and production accordingly. A BIM (building information modeling) approach can be adopted, swapping blueprints and drawings for digitized workflows informed by AI data collection and analysis and enabling greater communication and collaboration throughout the project’s lifecycle. The result: better, data-driven cash management that streamlines and automates the purchasing and allocation of materials (and workers) for each job site, reducing expenditures and overruns from the start - and potentially saving millions of dollars as the project progresses.
Faster time to completion
There are many ways in which artificial intelligence can speed up a construction project’s progress, ensuring deadlines are met with minimum hiccups. AI algorithms can collect information on similar past projects. Using information gleaned from IoT sensors or other remote monitoring that were on other job sites, the algorithms can assess and analyze the myriad of available scenarios and alternatives to learn how to improve project planning and scheduling before ground is broken on future projects. Doing so can help envision realistic timelines for any given project, based on manpower, equipment, and budget constraints while limiting idle time and improving energy efficiency. The algorithms can additionally help workers remotely access training materials based on real-life experiences to quickly bolster their knowledge and practical skills, swapping the time previously spent on onboarding for expedited execution and project delivery. And, once the project does get underway, connected machines, vehicles, and other technologies can be stored in the cloud and regularly analyzed by AI software, for the purpose of continuous self-correcting and optimization of slow-performing practices.
Beyond all of the benefits of using AI to eliminate waste highlighted above, the information gathered using artificial intelligence sensors and software can help construction industry workers make the most of their time on the job. This, by learning how to schedule various workers and shipments, so that every professional has the time, space, and materials they need to get their jobs done when they are ready to do so. The software can anticipate and forecast how long it takes for supply orders to be fulfilled, how long specific professionals take to get complete jobs and fit all these puzzle pieces together while considering the order in which various projects are performed, and any changes in schedule - as they arise.
The bottom line - less waste
Artificial intelligence eliminates waste on construction sites by learning about each site’s unique needs, as well as from the experiences - positive and negative - of similar job sites under similar constraints. Adopting an AI-driven software platform, like SWAPP, to your construction planning process can help you maximize your resources and minimize waste - before you even break ground.
What are you waiting for? Say goodbye to waste, with Swapp today!