Construction costs are escalating at a rate three to five times the national inflation rate. This is in despite of innovations like BIM, Lean, Integrated Project Delivery (IPD). Furthermore, there has been no way to objectively measure the impact of these innovations on overall project design or cost effectiveness. Without objective measurement, measurable improvement is not possible.
Except for some retail, multi-unit residential, and a few other franchise chains – the construction process continues under a one-off mentality. Even
Building CATALYST’s parent company, Performance Building Systems, is unveiling a new Vertically Integrated Building System. This will be presented on September 1, 2018.