A study conducted using 108 professionals, 40% of whom had more than 15 years’ experience in the construction industry, ranging from executives in large firms with more than 1,000 employees to small boutique firms. The study set out to find out how poor documentation causes delays in construction projects.
“The study aimed to quantify the effect document management has on the productivity, efficiency and costs of construction project management. 75% of the respondents said up to one third of project cost overruns are due to project document difficulties and issues; 33% found accessing the latest set of documents and having the most current information to be a challenge in completing a project; 25% said inaccurate project paperwork, or too many versions of documents, has contributed to construction delays.”
Among the findings also included that online access for all documents on any device platform is one of the most efficient ways to increase productivity and reduce costs. Version control is defined as the management of changes to documents, computer programs, and other collections of information. Poor version control of important construction documents has been a detriment to the construction industry for ages. Poor version control often leads to project rework and lost money in the field.
All too often, large construction firms find in-house excel experts quitting, sometimes with little notice, which leaves firms scrambling to re-hire and train a new excel guru. The issue is, the same problems continue to occur. With piles and piles of documentation for everything on a construction site, it seems almost impossible to keep everything in sync.
SaaS providers, such as eSUB, are here to help you stay on top of work documentation, and ensure proper payment! eSUB project management software seamlessly links the field and office. eSUB standardizes project management procedures so project managers can easily enter data, site events, labor activities, material costs, workforce information and more into a fully searchable database updated in real-time. Best project management practices are built into the interface of eSUB’s software based on 30 years experience as construction consultants working to protect your profits.
eSUB is your excel guru’s new best friend. Poor version control becomes a non-issue, and rework/lost money from fieldwork becomes a thing of the past. The future of the construction industry is found within SaaS software. Those who are in the know have found their productivity levels increasing substantially, and those who have not adopted company-wide software’s to help organize and manage documents continue loosing their excel guru’s to the process.