Operations

Why Subcontractors Need Construction Data

Subcontractors too may need to collect, analyze, and update key data points. For instance, subcontractors need to keep track of their progress for reporting purposes. They usually must document their hours worked, as well. The bottom line is that subcontractors can benefit greatly from owning their own construction data, especially if it's consolidated into a state-of-the-art digital platform.

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Many solutions in the construction data management industry today skew towards the needs of general contractors. That's not a huge surprise. After all, GCs are typically the ones who collect, analyze, and own project data.

Nevertheless, subcontractors too may need to collect, analyze, and update key data points. For instance, subcontractors need to keep track of their progress for reporting purposes. They usually must document their hours worked, as well.

The bottom line is that subcontractors can benefit greatly from owning their own construction data, especially if it's consolidated into a state-of-the-art digital platform.

Why Construction Data Is So Valuable

In basic terms, the quality of any construction company is proportional to the quality of the company's data. For example, think of the construction of an office building. Real-time sensors embedded into the structure can provide an accurate data stream to the project management team regarding temperature, humidity, and other factors.

When that data indicates that prescriptive measures need to be taken (such as mold inspection/remediation, for instance), then the management team can quickly take action with minimal cost in terms of time or money. Of course, construction data can benefit all parties involved in a project: from the engineers, to the general contractor(s), to the subcontractors.

The 3 Keys to Helpful Construction Data Management (for Subcontractors)

There are 3 important elements that construction data management must contain in order to be helpful to subcontractors. These key elements are:

●      Accuracy. All collected data must be correct, reside within a certain threshold of precision, and be up to date.

●      Portability. Subcontractors usually don't have the luxury of spending hours per day in an office to analyze project data. Therefore, they need to access and edit project information while onsite.

●      Accessibility. Subcontractors also need to ensure that other key stakeholders can access their data quickly and easily. For example, if a subcontractor discovers data that will affect another team on the project, then it is best if that team has visibility into what's been recorded.

At the end of the day, an accurate, portable, and accessible data management solution will promote clear communication between teams onsite, and will help to prevent misunderstandings, costly mistakes, and delays.

The Benefits of Cloud-Based Construction Data

There are several benefits associated with the collection and use of construction data. These benefits include:

●      Better collaboration. A centralized data collection system promotes transparency between teams, and helps team leaders effectively schedule upcoming tasks to minimize conflicts.

●      Increased productivity. When mistakes are made on a construction site, then the costs in material and labor can be substantial. On the other hand, when relevant, accurate data is visible to all key stakeholders, it can reduce the frequency of mistakes and boost productivity.

●      Faster analysis. When construction data is consolidated in one centralized, easy-to-use platform, then construction companies (and by extension subcontractors) can quickly analyze the information received and make any necessary adjustments to keep the project on track.

In summary, subcontractors that have access to a well-designed construction data management solution are in position to be more productive, more focused, and ultimately more valuable to the project.

Briq is a financial platform that enables construction companies to be more efficient and profitable. Briq automates financial workflows by connecting the people, processes, and systems that contractors use to run their business. Hundreds of construction companies rely on Briq to manage their budget, forecast, and spend.