“Collection of innovative equipment, machines, alterations, software and other technologies utilized throughout the construction phase of a project” is what construction technology is defined to be. The goal of construction technology is to progress the industry, spur innovation, and increase efficiency.
Construction technology, which is sometimes referred to as “con tech,” is essentially a separate area of technology. Manufacturing, medical, energy, transportation, agriculture, and construction are just a few of the many subfields of technology today. Having its own category shows how valuable and innovative construction technology is.
The Boom of Construction Technology:
A “boom” in the construction technology industry is difficult to identify. You may suppose that just the most recent technological advancements are responsible for the industry’s growth. The definition of construction technology is different; it’s evident that this isn’t the case at all!
Blockchain, drones, and fleet management systems are part of the construction technology revolution.
Since “new tools, machinery, software… employed during the building phase of a project” is what construction tech is described as, machine-powered equipment and GPS or fleet management software can be considered construction tech. It was a major turning point in economic history on a global scale. Without it, the industry would be nowhere near where it is now. Consider how far the industry had come since its beginnings in the late 19th century when it was still a relatively new phenomenon. In terms of construction history, it’s a significant item and should not be overlooked.
But the twenty-first century is a whole different animal.
In the 1990s, a new world opened up when the internet was made widely available. Technology has advanced at a breakneck pace since the days of modems and floppy discs. People are now able to operate in new ways thanks to tools like user-friendly databases and readily available software.
In order to effectively manage the project’s schedule, costs, quality, safety, and scope, construction management professionals are hired by the project’s owner(s). All techniques of project delivery are compatible with construction management. The owner and a successful project are the primary concerns of every Construction Manager (CM), regardless of the project’s location.
Three parties (excluding the CM) make up a capital project at its core:
The owner orders the project and provides funding for it in a number of ways, whether directly or indirectly.
The architect/engineer who creates the project’s blueprints and specifications.
General contractors are responsible for overseeing and managing the project’s many contractors.
This person represents the owner’s interests and oversees the entire project on behalf of the owner. In order to meet the owner’s expectations for quality, scope, and function, he or she must collaborate with all parties involved to complete the project on time, within budget, and as planned.
As a result of their training and expertise in the field of construction management, CMs can work with other parties like the owner, architect, general contractor, and others to figure out the best way to carry out the various construction activities and develop a detailed schedule and budget for the project. Project management information systems (PMISs) and advanced planning methodologies, such as the critical path method, are required.
This study by McGraw-Hill Construction and the CMAA Foundation found that experienced construction managers saved money, avoided or minimized difficulties, and generated higher quality results for the project owners.
Projects are successfully managed by CMs who follow the best practices set forth by the industry. The CM Body of Knowledge and Standards of Practice encompasses all six aspects of construction management services: schedule, cost, safety, quality, function, and scope..