Construction big shots don’t always get the chance to stroll around building sites on a regular basis. It just ain’t part of their job, because they’re all about handling the business side of things.
This means executives have to rely on reports to keep them in the loop about the progress of on-site activity. The problem is these reports are created manually, take weeks to compile and are therefore out-of-date by the time they reach the desk of an exec. So no surprise that executive managers are often out of touch when it comes to knowing what’s actually happening on the ground in construction sites. The result? They make poorly informed decisions that can lead to waste, screw-ups and blown deadlines.
Challenges at the top: navigating construction site blindspots
When the execs running construction companies don’t have a clear, concise picture of what’s going on at each site they are responsible for, they run into a bunch of problems. How can they figure out how things are progressing, which milestones are on track, which are in danger of falling behind, and which are already stumbling? When bosses can’t get the lowdown on what’s happening on construction sites, it’s usually because of the following roadblocks.
Limited Visibility: The old methods of tracking progress rely on manual reports and updates that come in as often as a comet. Execs end up with old news, clueless about delays until it’s too late to fix.
Data Screw-ups: Because the reports they get take weeks to compile, the data they contain is often past its sell-by date. This is a breeding ground for mistakes and mix-ups. Wrong or incomplete data messes up the progress picture, making smart decisions nearly impossible.
Communication Mess: With so many players on the ground with different and sometimes conflicting priorities, communication is often inconsistent at best and broken at worst.
Risk Blindness: Without real-time data, catching lapsed deadlines, activity logjams or other risks that impact on the health of a construction project is often impossible. This leads to fixing problems after they blow up, not before.
Progress Report Nightmare: Old-school progress reports mean executives can’t see the (current) forest for all the (outdated, inaccurate) trees. To try and compensate for this they often spend too much time and energy creating and wading through additional paperwork instead of actually making informed decisions.
These problems add up to a bunch of not-so-great outcomes, like missed deadlines, project delays, wasted money, poor risk mismanagement, angry investors, inability to optimize existing resources, and a lack of dynamic decision making thanks to a foggy view of what’s really going on.
Trusstor’s Progress Analyzer: Bridging the knowledge gap
Thankfully construction just got a whole lot smarter thanks to Trusstor’s Progress Analyzer, a new tool that bridges the gap between what’s happening on every construction site, across the entire portfolio, and what executives see at headquarters.
Using the data collected from Trusstor’s zero-intrusion IoT solution and inputted into Trusstors’ Dynamic Workplan, Trusstor’s Progress Analyzer provides a “bottom-up” approach, giving execs a crystal clear view of on-site activity, milestone and resource performance.
This means the execs can check out progress by milestone, profession, and week, and dive into more detailed analysis whenever they need to. And this progress report can be easily shared with other managers, subcontractors, stakeholders, and developers without any hassle.
The health of each project can also be kept tabs on using the Progress Analyzer’s nifty health indicator based on completed activities and milestones. This helps guide management on where to shift resources when things aren’t going as planned. And if they need a real-time snap shot they can turn to Trusstor’s Executive Dashboard, which gives construction managers the real-time status of each project.
Delivering the data needed to drive executive decision-making
Forget the old-school ways of spending ages collecting and crunching data manually. With the Progress Analyzer, everything’s digitized, saving you time and headaches combining the precise details of what is happening on your construction sites into a comprehensive big picture to inform decision-making. Now, executive meetings and decisions can be backed by up-to-date, accurate info thanks to Trusstor’s Progress Analyzer.
The Progress Analyzer transforms Trusstor into more than just a tool for folks in hard hats. Now, it’s a VIP decision-making tool. No more messing around with manual data — now execs can make smart moves to optimize projects, inform stakeholders and wow investors based on real-time info, not ancient reports.
This super sharp tool is the newest star in Trusstor’s lineup. It’s the key to a single source of truth for project performance, letting construction teams “build smarter” right from the ground up.
Empower the decision-making power of your top executives by Scheduling a demo with Trusstor today.
