Efficient Management of Engineering Change Orders Using Operational Data

In construction engineering, an extremely complex industry with many participants, the optimization of design and construction has become a major problem because the acceptance of project quality and the determination of time frames are difficult and time-consuming.

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Why Engineering Change Orders Are Slowly Empty Your WalletEvery construction project manager knows that projects under construction often encounter various situations that require changes to the original contract. A recent report found that, on average, a commercial construction project involves56 change ordersNot surprisingly, this is the most common cause of project delays, budget overruns, and lawsuits. The most troublesome point is the dispute caused by verbal changes, usually over validity and additional costs. Litigation lawyers also admit that the biggest dispute comes from the price set in the contract, because there will be subcontractors according toUnwritten Change Orders

The condition of construction.In fact, the root cause of the mountain of change orders is that the construction site data management system is not in place or its functions are not perfect. Optimizing internal workflows and introducing corporate tools is a necessary and critical step in managing the flow of construction data. But the reality is,There is a reliable system to efficiently collect transaction data.

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Rely on operating data to optimize change order managementMcGraw-Hill ConstructionTaking technical optimization communication as the core strategy has greatly reduced the number of changes and errors in construction, and another report also shows that extracting feasible solutions from operational data can, at most,Improving $117 billion in global profits for businesses

. In order to leverage the power of data analytics and reduce construction uncertainty, all parties need to adopt a lean tool set to efficiently collect and manage change order transaction data.

• 1. Collect 100% credible data

• Pull the data points to a scalable cloud platform, and view the progress of the project in real time in 360 degrees without dead ends

Manage change orders in a single interface, signed by all parties responsible and automatically time-stamped.

2. Utilize preventive monitoring

For the project, a reliable data collection system can ultimately optimize the time and asset management of the construction site, control the cost of change orders at a low level, and facilitate subcontractors to associate and track information. Such a system can be realized through a flexible cloud-based data acquisition solution, consisting ofdistributed ledger technologydistributed ledger technology