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Cost Reduction Strategies for Major Excavation Projects

René Morkos discusses five ways large general contractors can use AI-driven tools to trim costs and reduce risks when tackling major excavation projects.

Cost Reduction Strategies for Major Excavation Projects

By René Morkos | Tuesday, October 26, 2021

Large-scale excavation is among the most hazardous of construction activities. Effective management of the associated risks requires deep and detailed assessment of project planning and workflow. Whether planning for the construction of massive facilities or major infrastructure, the need for use of serious equipment can present enormous variable costs.

Efficient clearing of excavated matter and safe onsite staging of materials pose additional challenges to managing site traffic and workflow. And unexpected atmospheric hazards may not be revealed or encountered until a project is well underway. With so many unknown factors and moving parts, a comprehensive view of project scheduling, workflow, and progression is essential—and far too complex to be handled effectively by most human teams. New technologies and tools that incorporate the use of artificial intelligence offer powerful capabilities for addressing and managing risk—a use paramount to controlling cost and ensuring on-schedule completion in today’s ever-shifting construction environment. 

Read the full article on ConstructionExec to see the five ways large general contractors can use AI-driven tools to trim costs and reduce risks when tackling major excavation projects.

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