Although prefabrication strategies have been utilized in construction for quite a long time, they are fairly new to the electrical industry. Modular construction, building offsite, and assembly on the jobsite connect components in a warehouse or facility before delivering partially or finished parts to the jobsite for installation. Working in a controlled environment has many […]
Bad Construction Data Costs Industry $1.8 Trillion Worldwide
Autodesk and FMI Consulting released a study on Sept. 14, 2021 on the prevalence of construction data usage and the losses resulting from data errors. It estimates that bad data in 2020 may have caused $1.8 trillion in losses worldwide and was potentially responsible for 14% of avoidable rework, amounting to $88 billion in costs. […]
