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A 1% increase in costs can make all the difference between profit and loss, so having better visibility and control over all project phases beginning with estimating is essential.
Whatever you call it—modular construction, offsite construction, prefabricated construction, manufacturing-blended construction or construction integrated manufacturing, operating in a shop environment instead of the construction site makes sense.
In the wake of the turbulent Covid-19 pandemic, the Construction and Engineering industry will need to continue in its fight to become more resilient and agile.
Many construction and engineering companies are so focused on winning projects that they overlook the importance of managing plant and equipment cost-effectively.
EPC (Engineering, Procurement, and Construction) companies are responsible for designing and constructing some of the most complex bridges, buildings, energy grids, power plants, etc – in the world.
In a recent webinar, construction experts from IFS and Bryden Wood discussed how converging technologies can deliver: cost and time savings, the ability to meet the modern challenges of construction and a sustainable way of working.
In addition to a complex operation model, EPCs are constantly faced with fresh challenges that can further complicate their projects. Having visibility into capabilities and commitments can help manage the challenges.