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Final discussion paper for Foundations and Frontiers released

Final discussion paper for Foundations and Frontiers released

The Australian Constructors Association has unveiled its final discussion paper for Foundations and Frontiers, a new event for the construction industry.

Titled Data-rich future, the paper focuses on enhancing productivity in the construction industry through smarter data utilisation and practical metrics, addressing the well-documented flatlining of construction productivity growth as reported by the Australian Bureau of Statistics.

Jon Davies, CEO of the Australian Constructors Association, highlighted that current productivity metrics are often complex and inaccessible. However, this paper envisions a future where easily understandable measures can be used to effectively benchmark and track performance improvements.

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“Despite the wealth of data generated by construction projects – including engineering calculations, project costs, equipment usage and weather conditions – most of this information remains underutilised,” said Davies.

“It often ends up in obscure storage or is only referenced in contractual disputes, leaving a critical gap in opportunities for process improvement, forecasting and design refinement.

“The paper imagines a transformative approach where historical and real-time data drives decision-making.

“Predicting project completion dates and costs with high accuracy, comparing design options quickly and effectively – these are just some of the opportunities in reach if we get this right.”

Foundations and Frontiers will be held on 8 August 2024 in Sydney, with registrations now open.

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