By incorporating Artificial Intelligence (AI), the Architecture, Engineering and Construction industry can gain greatly from ideation through construction. So, it’s no surprise that the market is growing. A report from the market research and consulting company Reports and Data forecasts the industry will spend $4.51 billion by 2026.
What’s driving this innovation? “The easy risk mitigation of quality, and safety, coupled with the time and cost consumption requirements of the construction industry, will drive the growth of the market,” according to the report.
With large construction projects regularly running late and overbudget, AI offers hope that on-time projects can become more the norm. And as we noted before, scheduling is ripe for innovation.
In an interview with Construction Dive, InEight’s Chief Design Officer Dr. Dan Patterson says of AI and scheduling, “Scheduling tools are now starting to assist in the planning process by making informed suggestions as to what durations, sequence and cost of work should be. That is a pretty amazing breakthrough and arguably the most interesting step forward in critical path method, or CPM, scheduling in the last 20 years.”
AI is a game changer in terms of construction scheduling. Traditionally, only one or two schedules were created for large projects. Even this was a challenge, because developing schedules is time-consuming. By using AI, hundreds or even thousands of fully resource-loaded schedules can be developed within hours, along with a clear cost and time impact of each iteration.
AI can manipulate the massive amount of parameters involved in a project that impact construction, including labor, equipment and material availability or construction methods. This rapid data manipulation can only happen with parametric software.
Management Consultant firm Roland Berger describes the process this way: “Designers and engineers can simply input design goals together with parameters such as spatial requirements, performance, materials, cost constraints and many more into the generative design software. Enabled by artificial intelligence, the software then explores all possible permutations of a solution, generating design alternatives that meet all previously specified requirements.”
Continuum, a creator of "optioneering" software for the project development process and the linear infrastructure space, notes its software tool is “proven to compress programme timelines as much as 40% and reduce whole life cost by up to 10%.”
Again, AI is helpful in all phases of construction – not just design. Roland Berger notes, “Artificial intelligence is expected to increase efficiency throughout the entire value chain – from the production of building materials to the design, planning and construction phase itself, and facility management as well.”
While AI companies that develop parametric software, such as SpaceMaker and nplan, can clearly help companies develop more options to consider, the usefulness comes from the analysis it inspires.