Building information modeling – or BIM – is a powerful business platform that uses 3D visualization to convey a building’s materials, construction, and architecture. Its complexity and power have made it ideal for large-scale commercial projects…but the time is coming for its use in single family and multifamily residential applications.
In a new piece for Multifamily Executive, Continuum Advisory Group’s Clark Ellis argues that time is now:
“The benefits of BIM greatly outweigh the risks. In fact, a deeply ingrained human flaw may be at the root of the reluctance of many to get started: Most of us tend to underestimate the risk of not changing our habits, behaviors, processes, strategies, and the like. At the same time, we overestimate the risk of change.”
By examining a mixture of technological advances, consumer demands and operational efficiencies, Clark outlines seven reasons your multifamily residential company could benefit from BIM.
Read the full article HERE.Read more
Continuum Advisory Group Releases 2017 CURT Owner Trends Study:
Excellence in Total Project Performance: Differentiating High Performing Owners
Continuum Advisory Group has released the 2017 Construction Users Roundtable (CURT) Owner Trends Study, the newest installment of their Owner Trends series.
The study – a collaboration between both organizations – focuses on excellence in total project performance in the capital construction industry. Through this research, Continuum Advisory Group and CURT sought to understand the challenges facing owners related to optimizing capital program delivery and to delve into how owner A/E/C partners can understand these issues and collaborate on solutions.Read more
What happens when a business consistently tells Wall Street it is going to construct a specific amount of capital improvements each year but consistently misses? And what happens when any type of owner organization must react quickly to changes in regulations by replacing a significant amount of its asset base but can’t?Read more
Engineering, Construction & Facilities Maintenance Groups as Critical Drivers of Organizational Performance
While those embedded in corporate engineering, construction and facilities (E/C/F) teams have long understood the value they create for the corporate bottom line, internal business customers may not realize the vital role these teams could play in enabling corporate success. The role served by corporate E/C/F teams is becoming increasingly critical to the success and survival of the corporation. The Construction Industry Institute (CII) and Continuum Advisory Group joined forces to better understand the relationship between the internal E/C/F departments and the overall corporate strategic plan.
The CII and Continuum Advisory Group research team set out to:
1. More deeply understand the current relationship between corporate E/C/F teams and the internal clients they serve. Are E/C/F departments viewed as “order takers”, executing without question the facilities they are directed to build and maintain? Or do these teams sit at the highest-level strategic table, advising on corporate asset strategies and enabling corporate success on key metrics such as share price, return on assets, operating costs and speed to market?
2. Determine if that relationship is shifting. Are E/C/F teams gaining more strategic ground? If so, what strategies and tactics have helped position these teams as the high-value, innovative solution providers they are?
3. Capture invaluable lessons regarding how to align every employee, every team and every department to develop and execute the strategies and tactics that are critical to corporate success.
“After hearing Jon Pemberton speak on his directive to cut 30% of the cost and 50% of the time out of the capital program delivery process at Intel, I immediately approached CII about collaborating on this study. The need for transformational change and improvement in our industry is a critical issue.” Gretchen Gagel, President, Continuum Advisory Group
Continuum Advisory Group Releases 2016 CURT Owner Trends Study:
Insights to Leading an Agile Capital Program
Continuum Advisory Group has released the 2016 Construction Users Roundtable (CURT) Owner Trends Study, the newest installment of their Owner Trends series.
The study – a collaboration between both organizations – focuses on organizational agility in the capital construction industry. Organizational agility is a measure of a company’s ability to rapidly adapt to a changing market, either proactively or reactively.Read more