article thumbnail

Key Technology Trends in the Construction Industry in 2024

Epicflow

At present, the construction industry is undergoing a substantial transformation. Innovations, economic uncertainty, construction workforce shortages, and other factors have forced building companies to change the way they work and deliver their projects. damage or cracking on buildings). [2] damage or cracking on buildings). [2]

article thumbnail

The Opportunities at the Intersection of AI, Sustainability, and Project Management

Harvard Business

It is essential for project managers to learn to implement “green algorithms,” specialized AI constructs designed to both enhance operational efficiency and prioritize sustainability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retire These Metaphors & Reframe the Discussion to be More Effective

Johanna Rothman

FTE for full-time Equivalent (as in human beings!) “Resources” instead of the words: people, or human beings Construction metaphors, such as: build, which describes how we organize and create a usable product. I've been part of several construction projects, and they all used an iterative lifecycle.

article thumbnail

Why the Construction Industry May Be Robot-Proof

Strategy+Business

There is something unique about building houses that inherently eschews efficiency and automation.

article thumbnail

Feedback: The “Secret Sauce” of High-performing Teams

Makarios Consulting

In our “ top ten ” list of characteristics that define high-performing teams, providing appreciative and constructive feedback is always a tough one to actualize. However, if you want a high-performing team, you have to tackle feedback head on because feedback is what makes teams productive, efficient, and motivated.

article thumbnail

Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

The Power of Project Management Software: Project Management software is engineered to assist teams in organizing, tracking, and completing projects efficiently. When to Use: Ideal for businesses aiming to enhance operational efficiency, manage multiple projects simultaneously, and foster team collaboration.

article thumbnail

Power of Business Consultants: A Comprehensive Look at the Benefits

Business Consulting Agency

Cost-Efficiency Contrary to misconceptions, investing in business consulting services often leads to cost savings. Consultants streamline processes, optimize resource allocation, and identify areas for operational efficiency, translating into tangible financial benefits over time.