McKinsey & Company, the global management consulting company, is introducing clients of the firm’s Operations practice to the concept of generative construction scheduling, as pioneered by ALICE Technologies. By 2027, investment in infrastructure and sustainability capital projects is projected to hit $130 trillion, and the firm’s Operations Practice is focused on helping its clients to maximize the efficiency of their projects in this area.
McKinsey partners Justin Dahl, Mark Kuvshnikov, and Piotr Pikul, along with associate partner Mark Pitcher, describe generative scheduling this way:
“A generative-scheduling approach works by building a model that considers the physical and spatial constraints that govern how work needs to be done on-site. Once the model is created, it is asked “what if” questions about subjects including labor, equipment, installation rates, access, and productivity, producing hundreds of thousands of scenarios for how the work could be completed. An advanced-analytics algorithm then rapidly tests these scenarios to explore different options and generates a resource-loaded schedule that forecasts the costs and timing of the project, allowing project owners to select the option that best delivers their objectives.”
Read their blog post to learn more about McKinsey’s Operations Practice: here.