Why the project is being built, what needs to be designed and constructed, and how this will be accomplished.
These things are crucial to strategic policy, both in terms of the new assets that we build, and how we operate the existing ones.As an industry, we have a moral obligation to do better.
The current opportunity for transformation and progress in construction has arrived at a critical time..Evaluating Risk and Driving Value.That said, there will be risks going forward and we need to guard against them.
We’ve got to try and avoid bad practices -and report them.We can’t focus exclusively on ‘cheap,’ driving a race to the bottom.
The focus must be on broader value.
In terms of implementing policy decisions, we need to provide more evidence, more data, more measurement.There is a lot of value in this because the client holds all the technical expertise about their process- more than we ever will.
A client’s proposed solution will probably already be well aligned with their engineering requirements but it will also be just one of many possible solutions and our job is not to settle for the adequate outcome but to find the best.. DIGITAL SIMULATION DELIVERS THE BEST PERFORMING DESIGN SOLUTION.This is another area where data analytics can help the construction industry.
Many aspects of a process can be considered a variable.For example, a warehouse can be made smaller by changing the delivery frequency or providing more in-process staging.