LONDON, May 15, 2024
/PRNewswire/ -- AI construction technology leader Buildots has
announced the launch of its new Delay Forecast feature, an
AI-powered tool that predicts delay risks and alerts construction
teams about pace issues so that they can proactively mitigate
potential delays before they escalate. The feature also includes
granular, activity-level insights into the root causes of delays,
enabling project managers to continually improve performance and
strategy.
Intuitively integrated into Buildots' main dashboard, Delay
Forecast flags activities that are at risk of falling behind
schedule, quantifies those risks by providing projections of
forecasted delays, as well as recommendations for pace corrections
to mitigate and prevent delays. When users get delay alerts, they
can input new pace assumptions and see how these changes might
affect the timeline, allowing them to optimize and fine-tune
strategies and determine the best path forward. The dashboard also
enables project teams to track risk trends week by week, allowing
them to see the real-life impact of their decisions.
The feature was developed after research performed by Buildots
found that 62% of construction site activities consistently run
slower than planned, and that 25% of activities run at half
their planned pace. The findings also indicated that many times –
even when critical activities performed poorly week after week –
these issues go unnoticed until they have already significantly
impacted project timelines.
"At Buildots we believe that accurate progress data, performance
indicators, and data-driven insights are critical to solving issues
that plague almost all construction projects, such as delays and
inefficiency," said Aviv Leibovici,
Buildots co-founder and CPO. "Those core beliefs inspire all that
we do, from developing the Performance Driven Construction
Management (PDCM) method, to designing new tools like Delay
Forecast."
The new feature has been beta-tested on a number of global
construction sites and has been shown to facilitate a 50% reduction
in delay times when used together with the PDCM method. One of
those sites is a large-scale Danish government complex, currently
being built by leading Scandinavian contractor NCC Denmark.
According to project manager Niels Frank
Jensen, "Using Delay Forecast, not only can we now identify
risks very early, but also inform our trades of the exact pace
required to meet the schedule. Trades can adjust manpower resources
accordingly by viewing quantities of work. We're finally able to
back our instincts and prioritize activities based on actual
performance and what's really at risk."
Delay Forecast is now available immediately to all current
Buildots users and new customers.
About Buildots
Buildots is a global construction technology leader
bringing the power of AI and computer vision to automate on-site
progress tracking. The platform provides construction teams with
accurate data and previously unavailable predictive performance
metrics, empowering them to make data-driven decisions. Buildots'
platform improves project visibility and efficiency, leading to
reduced delays, enhanced error detection, and successful delivery
of projects. Buildots is helping increase efficiencies of
large-scale construction projects across North America, the UK and EMEA.
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SOURCE Buildots