Tag: dodge analytics

Lean Projects are Three Times More Likely to Complete Ahead of Schedule According to Dodge Data & Analytics’ Research

Dodge Data & Analytics recently benchmarked the current state of capital project TRESTLES - HIGH vs. LOW INTENSITY LEAN PROJECTSdelivery performance and found a statistically significant correlation between use of Lean methods and better project outcomes. High Lean intensity projects were three times more likely to complete ahead of schedule and two times more likely to complete under budget.

To establish a benchmark, eighty-one owners responded to Dodge Data & Analytics’ Owner Satisfaction & Project Performance survey by answering questions about their perceived best project and a typical project in the last three years — providing data on schedule, budget, quality and safety performance as well as information on how the project team was organized, the commercial terms for the project and the management methods used. Continue reading “Lean Projects are Three Times More Likely to Complete Ahead of Schedule According to Dodge Data & Analytics’ Research”

Economic Update: US Construction Employment Remains Steady

Image result for association of builders and contractorsWASHINGTON, D.C., May 5—National construction employment remained largely unchanged for the second consecutive month, adding 5,000 net new jobs on a seasonally adjusted basis in April, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).
The nonresidential construction sector added 3,200 net new jobs in April after adding 8,500 net jobs in March (revised down from 13,300), while the residential sector added just 900 net jobs for the month. Construction employment expanded 2.6 percent on yearly basis, well above the year-over-year growth rate for all nonfarm industries (+1.6 percent).

“Today’s employment report confirms that the U.S. economic expansion remains firmly in place,” said ABC Chief Economist Anirban Basu. “That said, Continue reading “Economic Update: US Construction Employment Remains Steady”