118-DYK: Investing in Collaboration
Did you know that supply chain engagement and collaboration during the early stages of procurement strategy development can greatly impact procurement and project outcomes. In the UK construction industry, investing in a collaborative approach and improving...
117-DYK: Benchmarking and Data
Did you know that benchmarking in construction involves using technology to collect and analyze construction data to gain insights and improve processes. However, there are gaps and challenges in the current data collection and analysis practices. Many contractors...
116-DYK: Standards Create Potential
Did you know that the lack of robust global arrangements on standards in the construction industry has resulted in missed opportunities for productivity gains and the potential of digital technologies. To address this, concerted action is needed within the industry....
115-DYK: Collaboration
Did you know that successful collaboration in construction leads to less wastage of resources, improved client relationships, and enhanced work quality. When team members are aware of their roles and responsibilities and have a shared understanding of project...
114-DYK: BuildUSA
Did you know that evolving market realities have begun to significantly impact the historical cottage industry nature of Building. Firms of all sizes will increasingly develop collaborative organizations that pool the required shared digital workflows, standards, and...
113-DYK: New Technology
Did you know that if digital technology is successfully integrated across the entire building team, the benefits will increase exponentially. Companies can promote positive outcomes by implementing new technology in sync with corresponding changes in organizational...
112-DYK: Challenges in Modular
Did you know despite the numerous advantages of modular construction, many North American owner organizations remain reluctant to fully embrace off-site project delivery methods. According to recent research, only 38% of owner organizations have a high rate of...
111-DYK: Sustainable Industry
Did you know that the engineering and construction (E&C) sector is putting a lot of effort into reducing greenhouse gas (GHG) emissions, overall energy consumption, and sustainable development. 39% of the total annual carbon emissions throughout the world are...
110-DYK: Underrepresented Group in Construction
Did you know that the construction industry was predominately male between 2003 and 2020. Despite the fact that the figures ranged from 9.1 million to 11.4 million, barely 10% of construction employees were women. The demographics of the construction industry are...
109-DYK: The Worldwide Construction Boom
Did you know that there are numerous construction firms all around the world that have experience working on projects both domestically and abroad. The Panama Canal and the Suez Canal, which were both built by foreign contractors, are two blatant examples of such...