The revolution in factory organization that transformed the world of manufacturing has never had an exact parallel in construction. Based partly on new research findings, a recent survey suggests a decisive moment is at hand for construction: productivity, safety, environmental quality, building information modeling and collaborative management can all be enhanced by or used to facilitate modular construction and prefabrication techniques. “It's amazing to think of all the pieces coming together now to transform the construction industry,” says Harvey Bernstein, vice president of industry insights and alliances for McGraw-Hill Construction, the parent of ENR, at a Construction Users Roundtable meeting
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.