What Makes Onshore + Offshore the Most Effective Way to Manage Construction Projects with BIM?
The USA construction industry is facing labor shortage s. As per the Bureau of Labor Statistics, over 200,000 positions in the construction industry lie unfilled. This happened after the industry went through a cycle of shrinkage over the past decade. A report by Deloitte states that the labor shortages are reaching crisis proportions and are expected to continue through 2019 as well. Also, the productivity growth in the construction industry in the past two decades averaged just about 1%. This is 1/3 rd of the growth which the rest of the global economy averaged during the same period. And that is not the only issue with the industry. A report from McKinsey & Co. finds that “ While many U.S. sectors including agriculture and manufacturing have increased productivity ten to 15 times since the 1950s, the productivity of construction remains stuck at the same level as 80 years ago.” In this scenario, construction firms run the risk of respondi...