Prefabrication and Modularization Increase Productivity:
Details Outlined in New McGraw-Hill Construction Report
McGraw-Hill Construction has released its latest SmartMarket Report, Prefabrication and Modularization: Increasing Productivity in the Construction Industry which provides insight into the role that prefabrication/modularization can have on improving productivity in construction—including impacts on project schedule, costs, safety, quality and waste reduction. Through techniques that have been around for decades, prefabrication/modularization are seeing a renaissance as technologies, such as BIM, have enabled better integration of prefabricated/modular components; as changes in design such as the emergence of green have made certain advantages of prefabrication/modularization more important; and as innovative offsite techniques have emerged. Out of over 800 architecture, engineering and contracting (AEC) professionals surveyed:
- 66% report that project schedules are decreased - 35% by four weeks or more
- 65% report that project budgets are decreased - 41% by 6% or more
- 77% report that construction site waste is decreased - 44% by 5% or more
"Prefabrication and modular construction processes have been used for years, but today, with the emergence of new technologies and construction practices, we have the ability to utilize these strategies to create innovative and quality buildings, while also improving construction productivity," said Harvey Bernstein, Vice President of Industry Insights and Alliances at McGraw-Hill Construction. "These reported productivity benefits of prefabrication and modularization are particularly exciting in today's economy given the benefits of creating superior buildings while saving cost, time and waste."
The Modular Building Institute held a session presented by Harvey Bernstein, F.ASCE, LEED AP, Vice President, Global Thought Leadership & Business Development of McGraw-Hill Construction discussing the results of the survey at its recent World of Modular event in Las Vegas. View the free podcast here.