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What Do Commercial Construction CEO's Worry About?

Posted by Don Henrich on Wed, Apr 21, 2010 @ 12:08 PM
  
  
  
 

The world economy seems to be slowly mending and so those companies with adequate projects and finances will be able to continue working and paying their employees.  That is little comfort to a CEO who has watched their company's annual revenue drop anywhere from 20 to 50% over the last 18 months, especially when all new projects now have 20 to 30 companies competing for the work!  So, the question is how do you differentiate your company from others?  What are Owners looking for?  What has worked in the past that could provide a competitive advantage to your company as you compete for projects?

 

I am working directly with very large owners in the health care industry who have always had the most difficult projects with the highest risks and I can share some things that are common requests:

 

  • 1. They want companies that will work with them, partners who will do a good job with the conventional requirements of the project, but they also want partners who will work with them on project and process improvements.
  • 2. They want BIM to be used on their projects and definitely not just on the design. They want their teams to use 3D models on design, and unless the project is IPD or the design team will share that model they want the Contractor to build a 3D model as well.
  • 3. They want a schedule that they can understand and they want to see it monitored and updated every few weeks during the project.
  • 4. They want to decrease the amount of time it takes to coordinate projects. They are happy with the reduction in problems from 3D coordination but have seen either no decrease in coordination time requirements or often an increase in the amount of time it takes to coordinate using 3D.
  • 5. They want great visual aids that can be shown to them, their customers, and others involved with the project.

 

What if there was a process, called Coordination Resolution, that leveraged a BIM model and actually significantly reduced the coordination time requirements while simultaneously improving the ability of the subs to create their shop models and drawings?  Well, that could be something that would help a Construction CEO sleep better at night.  Join our webinar on this topic on Friday, August 6th, at 12 Noon Eastern >> https://www1.gotomeeting.com/register/693311521.

 

What would help you feel more secure during your next project?

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