Menu
09/10/2003
Poor Communication Costs Construction Industry Billions
BSI Business Information has launched PD 7503, an 'Introduction to Knowledge Management in Construction', which aims to serve as a guide to embracing effective knowledge management.
It is estimated that defects in the UK construction industry - many of which are the result of the inefficient use and communication of information - cost at least £20 billion to correct every year.
Building projects that adopt effective knowledge management systems, such as better communication and sharing of information between designers, engineers and contractors, are more likely to be on time, on budget and experience less snagging problems.
David Williams, head of construction market development for BSI said: "Relatively few companies operating in the construction sector have fully embraced knowledge management. We hope PD 7503 will help to change that, as it offers an introductory guide on how to effectively manage the wealth of knowledge involved in the complete construction process from design to construction, handover and occupation and to ensure it is properly communicated and applied."
It is estimated that defects in the UK construction industry - many of which are the result of the inefficient use and communication of information - cost at least £20 billion to correct every year.
Building projects that adopt effective knowledge management systems, such as better communication and sharing of information between designers, engineers and contractors, are more likely to be on time, on budget and experience less snagging problems.
David Williams, head of construction market development for BSI said: "Relatively few companies operating in the construction sector have fully embraced knowledge management. We hope PD 7503 will help to change that, as it offers an introductory guide on how to effectively manage the wealth of knowledge involved in the complete construction process from design to construction, handover and occupation and to ensure it is properly communicated and applied."
Related Northern Ireland Business News Stories
Click here for the latest headlines.
13 December 2002
Winning results as Belfast company partners Microsoft
A new enterprise document management product by Belfast-based technology company Meridio was awarded first place in the Document Management Product section at the recent UK-based Information Management Awards 2002.
Winning results as Belfast company partners Microsoft
A new enterprise document management product by Belfast-based technology company Meridio was awarded first place in the Document Management Product section at the recent UK-based Information Management Awards 2002.
11 April 2024
NI Firms To Attend National Construction Summit In Dublin
Hundreds of construction companies and experts are set to travel to Dublin next week for the annual National Construction Summit at the Sport Ireland Campus, Blanchardstown.
NI Firms To Attend National Construction Summit In Dublin
Hundreds of construction companies and experts are set to travel to Dublin next week for the annual National Construction Summit at the Sport Ireland Campus, Blanchardstown.
26 October 2001
‘Safe T Cert’ spells new way forward
The Construction Employers’ Federation (CEF) is set to participate in an initiative known as ‘Safe T Cert’.
‘Safe T Cert’ spells new way forward
The Construction Employers’ Federation (CEF) is set to participate in an initiative known as ‘Safe T Cert’.
07 June 2019
Belfast Hosts International Construction Conference
Over 400 delegates gathered at the Crowne Plaza Belfast today, Friday 07 June, for Northern Ireland's largest digital construction conference.
Belfast Hosts International Construction Conference
Over 400 delegates gathered at the Crowne Plaza Belfast today, Friday 07 June, for Northern Ireland's largest digital construction conference.
02 April 2015
Lagan Construction And H&J Martin Announce Merger
Building firms H&J Martin has joined the Lagan Construction Group of companies. H&J Martin will continue to trade under their existing brand name, the entity will come under the structures of the Lagan Construction Group of companies.
Lagan Construction And H&J Martin Announce Merger
Building firms H&J Martin has joined the Lagan Construction Group of companies. H&J Martin will continue to trade under their existing brand name, the entity will come under the structures of the Lagan Construction Group of companies.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
