CPM|axis: Bridging the Schedule Gap

| April 24, 2019

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It is commonly understood that construction projects often suffer time and cost overruns. A recent June 2016 study published by McKinsey and Company states as much, confirming The construction industry is ripe for disruption. Large projects across asset classes typically take 20 percent longer to finish than scheduled and are up to 80 percent over budget.

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CONSTRUCTION

How investing in infrastructure can build a better quality of life

Article | May 7, 2021

Every five years, in the approach to the Welsh Parliament /Senedd Cymru elections, I put together a Manifesto for ICE Wales Cymru outlining our recommendations for the future with the aim of influencing the new ‘order’ and achieving what we consider to be important goals. This year our report is making three main recommendations in the areas of Resilience, Skills and an Infrastructure Pipeline.

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ENGINEERING TECH

Infrastructure Policy Watch: cost of climate change to UK finances, public views on New Zealand infrastructure

Article | May 7, 2021

The Office for Budget Responsibility (OBR) in its latest Fiscal Risks Report has forecast the cost to the UK public finances from climate change (physical risks) and the transition to net-zero (transition risks) across a range of different scenarios. Describing the challenge, the OBR states: There are many other policy challenges to overcome, so the path to net zero can be expected to involve many policy levers on top of carbon taxes and emissions trading schemes, including bans and other regulations, and public subsidies and investment. These will all have economic and fiscal implications of one sort or another – either directly (via taxes and spending) or indirectly (via wider economic outcomes). Taking early action to achieve net zero would add 21% of GDP to public sector net debt by 2050, a smaller amount than that added by the Covid-19 pandemic. This amount comes from increased spending on net-zero investment, the loss of tax revenues (such as fuel duty), revenues from tax on carbon and other costs such as increased debt interest payments.

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ENGINEERING TECH

AI in Real-World Robotics

Article | May 7, 2021

While experts debate the finer points of what constitutes a true general artificial intelligence (AI) and the various steps that can get us there, it isn’t in any doubt that robots are getting smarter –and learning how to make better decisions-- thanks to various AI-related systems. From the autonomous cars on our roads and the autonomous mobile robots in the world’s warehouses through to AI-powered machine vision systems, edge computing in manufacturing environments, and agricultural drones that can process huge amounts of data on the fly, AI greatly enhances robot performance by providing bots with intelligent decision-making capabilities based on an analysis of billions of data points coupled with neural network and deep learning strategies. Crucially, AI enables robots to be more flexible, while at the same time enhancing traceability across all types of automation processes.

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Why Design-Assist Should Be Used in Complex Projects

Article | May 7, 2021

Throughout history, construction has always followed the Design-Bid-Build delivery method. This straightforward, 3-step process first involves an owner hiring an architect to design a building, followed by a bidding process that results in a general contractor – typically the lowest bidder – being selected to build the project. Finally, the winning contractor takes the architect’s design drawings and begins construction.

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