When it comes to innovation in construction project management, the impact is increasing.
With more companies looking to implement and deploy high-performance project management software, companies such as Oracle continue to lead the way as the construction industry embraces new technological solutions.
Innovative solutions to scheduling, project progression and team collaboration can augment efficiency, as well as mitigate risks that construction teams face.
From connecting project teams and managers to full process synchronisation, platforms such as Oracle Smart Construction can revolutionise the use of artificial intelligence (AI) and Internet of Things (IoT) across construction project management.
The use of technical innovation in construction management is not designed to replace professional personnel, it is created and deployed to assist and complement their processes and procedures, maximising efficiency, and results.
Embracing the use and harnessing the power of AI and the benefits of the IoT continues to bring dividends.
If successful, the combined usage of web-based, mobile, and cloud platforms can bring advantages to the construction industry and process, but any vulnerabilities must first be addressed.
Decentralising certain processes can be fiscally and functionally beneficial, but only if the use of AI and IoT is carefully executed and effectively converged.
In terms of the overall value chain, using AI in construction project management, the rewards can be observed and appreciated across the entire project process, from conception to completion.
As well as helping to deliver sustainable construction project management, the adoption of these emerging technologies highlights the genuine value to be found in high-performance project management software packages.
AI in construction project management
Though not used across the board, the growth of AI in construction project management continues.
From scheduling project timelines to allocating resources, assessing costs analysis to creating risk mitigation, the application of high-performing project management software can make a fiscal and practical impact.
Add to this the introduction of AI in construction project management and the benefits continue to mount.
Within any construction project, there are elements of risk, sometimes high-risk. Multiple processes, materials, and workforces, all contribute to the possible issues that can arise, which is where AI comes in, and the benefits of artificial intelligence in construction project management emerge.
Used effectively, AI can represent a true innovation in construction project management, a genuine contributory factor to outstanding fiscal and on-site results.
From stakeholder information to project documentation and planning, artificial intelligence in construction project management can enhance the overall effectiveness and streamline processes from project conception to completion.
Delivering projects that are a success from start to finish is something Oracle project management software users achieve.
With this high-performing software, users can establish a complete and accurate project record that is instantly retrievable and fully searchable, as well as securely access a central record of all captured project documents and communications on-premises or in the cloud.
Users can also control and manage risk by better supporting quality assurance requirements and avoiding, or more quickly resolving, claims and disputes.
Investing in software that can provide innovation in construction project management not only augments project performance but also allows industry leaders and disruptors to highlight both the application, as well as the tangible value of artificial intelligence in construction project management.
Internet of Things (IoT) in construction project management
As IoT becomes more diffuse in terms of industry adoption, the construction world continues to utilise it more and more.
Though not yet ubiquitous, companies are increasingly aware of the benefits that can be delivered by this technology.
IoT in construction project management can augment standards of efficiency in terms of both time and cost, streamlining operations and matching bespoke project requirements.
With a multitude of applications, Oracle Project Management software offers a wealth of benefits for construction companies.
From assessing project cost projections through accurately calculated estimates to assessing profitability prospects and safety concerns, this software offers genuine innovation in the construction project management field.
Tracking the progress of a construction project in real-time offers a significant benefit. An example of this would be through wearables. These allow managers to map and track site movement and team efficiency.
This specific use of IoT in construction project management affords the opportunity to maximise productivity, heighten efficiency, and even identify any issues that cause delays, issues, or setbacks to a project.
Beyond this, the use of IoT in construction project management gives total remote control to construction process bosses.
Connected machinery effectively affords the possibility of safer construction by sending those machines into areas that are either unsafe or even inaccessible to a physical workforce.
Coupled with the ability to monitor operations remotely in general, safety and efficiency can clearly be improved using IoT hardware and applications, and the selection of the best project management software.
Sustainable construction project management – Oracle leading the way
In short, sustainable construction means a building process that uses renewable and recyclable resources, as well as materials.
Innovation in construction project management can be seen in the use of sustainable operational procedures and practices, and the deployment of cloud applications.
This sustainable approach delivers both cost and energy savings to companies, something that effective project management software such as Oracle can potentially accelerate and contribute to.
From reducing waste production and energy consumption to protecting the environment on and around a construction site, sustainability now plays a leading role in construction project management, highlighting innovation in construction project management.
During construction projects, care must be taken to reduce waste and energy consumption where possible and protect the natural environment around the site.
For companies looking to achieve and deliver successful construction project management, the inclusion of sustainable elements is key.
Planning, scheduling, resource management, cost management, and control; each of these elements contribute to the goal of creating and implementing sustainable construction project management.
As part of the core planning procedure for increasing numbers of construction projects, sustainable management needs to be more sophisticated.
Using project management software contributes to this improvement, but it also underpins it.
As a leader in the field, Oracle continues to show an entrenched commitment to sustainability.
Reduced costs and energy, raised productivity, and streamlined processes, are just a few of the benefits enjoyed by embedding sustainability as part of any construction project management process.
Sustainable project management in construction can be seamlessly dovetailed with IoT applications.
Data collection relating to workforce efficiency and equipment usage can help provide useful information to project management teams, something Oracle continues to drive forward.
With IoT platforms, and the targeted application and use of project management software, sustainable construction project management is achievable.
Risks and threats, productivity expectations, and even precision cost and time estimates can all be part of construction project strategies.