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McKinsey Construction Trends



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McKinsey Construction Company, a contractor for building projects, submits bids for dwellings. While they can do many things, they are responsible for scheduling, planning and supervising. They put a lot of importance on avoiding delay and using a PERT(Project-Related Timing and Cost) method to cut down on the time spent on every construction project.

Jan

Jan Mischke works as a partner at McKinsey's Global Institute (MGI), which is the consulting firm's business and economics research arm. He is responsible for infrastructure and construction, productivity, as well as competitiveness. As a consultant, he worked previously for McKinsey. He is currently a speaker on global trends. Learn more about Mischke and his work here. These are the top books and resources on the subject.

Jose Luis Blanco

Recent McKinsey reports showed that technology can increase productivity by up to 50%. Successful implementation requires transparency and collaboration from the leadership. McKinsey discovered that many construction companies are adopting technology. Companies are discovering new customers and using technology to help them execute their projects. McKinsey research also showed that many firms are using new technology to increase productivity, and lower costs. Also, self-performing contractors are reaping benefits from higher productivity and efficiency.

Jose is McKinsey’s North America leader for engineering and construction. He advises capital leaders on all aspects of the project's life cycle and focuses his efforts on real estate and technology. His previous experience includes leading hundreds of engineers through complex projects and working for Europe's largest E&C company. His deep experience includes integrating digital capabilities and scaling up new technologies to unlock value.


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Embracing technology

Technology is changing the way we communicate, build, and engineer. The traditional method of communicating project details and tracking progress to workers was manual sketching and illustration. Today, technology is making it easier to create digital records that allow construction companies to keep constant communication with workers and control costs on the jobsite. It allows 3-D modeling of projects, as well as simulation of various aspects of a given project, including cost.


To keep up with changing landscapes, more construction firms are adopting technology. The growing sensitivity of clients to rapidly changing markets is creating new demands for construction firms. The future of built infrastructure will be based on modularity and optimization of health, security, and energy parameters. Technology is becoming more affordable and more efficient. This opens up new possibilities. McKinsey has scanned the construction technology landscape.

Labor shortages

Recent data from the U.S. Bureau of Labor Statistics showed that construction workers are not in sufficient supply. According to the report the average hourly wage of construction workers has increased by 2.6%, compared with 2.1 percent for all U.S. employees. A variety of factors are responsible for the shortage. The recession forced many workers in other occupations. And restrictive immigration laws have made it difficult for undocumented immigrants to fill the gap. Another factor is the education system. As parents pushed their children toward university, they have been gradually eliminating vocational training.

McKinney's shortage of workers isn't just affecting the construction industry. This affects virtually every industry within the region. A lack of workers in construction means that there are fewer code officials and designers. Nearly 80% of American construction companies report that they have difficulty filling positions in salaried crafts, according to the 2020 Construction Outlook Survey by the Associated General Contractors of America. This problem is likely to increase as housing costs continue their rise.


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An Article from the Archive - Visit Wonderland



FAQ

How can I keep drones off my property?

Drones are becoming more popular for home security and surveillance. If you want drone attacks to be avoided, you can install motion sensors all around your property. These sensors will detect any flying objects that are not authorized.


Can I fly my drone indoors?

Yes, your drone can be flown indoors. Your home should be free from obstacles and hazards. You should not fly near windows, doors or heating vents.


Is it possible to fly a drone at high altitudes without a license?

The FAA doesn't limit how high you can fly your drone. They do require that you register your unmanned airplane system (UAS), which includes registration number, model number, weight, size and manufacturer's names, as well as other information.


What's the difference between quadcopters and hexacopters?

A quadcopter is an four-rotor helicopter which flies in the same manner as a conventional helicopter. It has four rotating rotors. A quadcopter has four rotors. The hexacopter has six. Hexacopters can be more stable and maneuverable that quadcopters.


Where are Drones Banned?

The FAA has prohibited drones from flying close to airports or stadiums, sporting events and nuclear power plants. They do allow drones to fly at night with GPS technology.


Are drones permissible at public events

The rules are not required for drone flying. If you want to fly your drone in public events like parades, festivals, concerts, etc., you must get permission from the event organizers.



Statistics

  • According to the multiple listing service (MLS), houses and apartments with drone photographs are up to 68 percent more likely to sell than those without pictures. (thedroneu.com)
  • Research and Markets predict a growth rate of 51.1% over the next five years. (thedroneu.com)
  • According to Indeed, a drone pilot gets paid $25.73 per hour on average in the US. (dronesgator.com)



External Links

dronepilotgroundschool.com


uavcoach.com


dji.com


nps.gov




How To

How to Repair a Damaged Motor on a Drone

First, identify the broken part of the motor to repair it. The best way to do so is to take the propeller off the motor shaft. Then you should remove any wires attached to the motor and look at the inner workings of the motor itself. If you find something wrong, it is time to identify the problem.

If there are no damages to the motor you don't have too much to worry about. However, if your motor looks anything like these images, then you will need some parts replaced before you can fly.

Let's say that a motor is bent so that it can no longer turn. The motor will need to be bent back into its original shape. You could use a vice grip or a pair of pliers to hold the motor while bending it back into shape. After you've completed the above, ensure that you inspect the motor for signs and wear.

Once you're satisfied that everything's ok, put the propeller back onto the motor shaft and reattach the wires. You are now ready for your drone to fly.




 



McKinsey Construction Trends