The construction industry in Australia is estimated to be worth 140 billion Australian dollars. Similarly, New Zealand employed over 180 thousand people in the year 2020, a dramatic increase since the previous years. These values show the scope and growth of this industry over the years. And with high growth, comes heavy paperwork.
Construction document management is an area where more contractors and builders struggle during their projects. But it need not cause nightmares if one has the right tools to deal with it. Technology has made all jobs simpler. And definitely, document management is one of the prime examples.
Software providers help construction projects by developing suitable tools to help them manage their work efficiently. Here are some useful insights into the working of construction project management software and how it can benefit builders.
What is Meant by Construction Management Software?
It is a set of tools for project management that can be used by construction firms as a powerful means to make significant improvements in project implementation. In the processes of:
It helps all construction management professionals, like construction managers, contractors, sub-contractors, builders, building-owners, remodelers, etc.
Aside from meeting the entire management needs of construction projects, this software also has the benefit of being customisable. The users, who are the construction professionals, can ask the construction management software developers to make the app or software to suit their specific needs. It is done so by following a three-stage process which involves:
- Design phase
- Tender phase
- Construction phase and
- Maintenance phase
Benefits of a Document Management Software
for the Construction Industry
Each business has unique needs. A one-size-fits-all philosophy cannot be a successful solution. Consequently, customisable project management software gives one the chance to find the best possible outcomes and to discover the following benefits:
- Real-time communication
Working on any project entails overcoming communication barriers. The right information must reach the receiver at the right time. This feature improves collaboration efforts, planning, and coordination of all operations within the construction firm. The software allows stakeholders to connect to the firms and share valuable information. It also gives a venue for workers to clarify their queries regarding internal matters of the project under progress. These results are achieved, through tools like:
- Shared Calendar
- Team dashboard
- Task prioritisation
- Helps in Budget Management and Accounting
A budgeting tool is indispensable for efficiently managing all operations from the planning to the construction stage. Project managers can heavily rely on the budgeting tools that the construction management software provides.
With the use of the software, it is easier to know the approximated costs and to prepare the project estimates, to have better control over the project. It can help establish bid prices, expense management, core accounting, etc. Some of the tools provided by the software that aid these processes are:
- Time Estimation
- Budget Dashboard
- Better Document and Resource Management:
A construction document management software helps in the maintenance of project documents that makes them easy to access at any time across devices. From drawings to audit trails, all documents can be loaded and made available to the construction professionals. It is easier to share information among stakeholders.
Error-checking tools are in place to avoid out of date or misplaced documents. Blueprints, wireframes, and other specifications can be uploaded, via an integrated or an internal tool to make the work easier.
Having an efficient system in place helps to have one’s business streamlined and aids in business expansion. The software ensures that all data is trackable, analysed, and kept in-order, thus saving sleepless nights.