Typically, when one thinks of artificial intelligence (AI),
computers using algorithms and data manipulation come to mind.
Interestingly, the construction industry, which has traditionally
been viewed as heavily labor dependent, has been increasingly
utilizing advanced technologies driven by AI. However, given the
early stage of this technology, the question remains: how it will
apply to your work and will it result in a safer and more
cost-effective project?
One main concern on any project is how to best mitigate risk
while maintaining profitability. Design issues and inaccurate bid
estimates have typically plagued projects in this regard. That
said, having the right project management team and software in
place is essential to reducing risk. AI is becoming increasingly
used by programs to aid in optimizing project layout and with
creating predictive modeling for material prices and scheduling.
This helps with efficiency of project phasing, potential
bottlenecks and
