Roughly 70% of projects surpass their budget by at least 10%, and 90% of large-scale construction projects are delivered late.
Construction management software can be the perfect solution – it can help to prevent you from exceeding your budget and failing to meet deadlines, whether you’re dealing with private money or public sector funds.
In this blog post, we explore the key benefits of having software for your construction projects, from managing your budget to getting more value from your contracts.
Ensures Total Compliance
Construction projects need to adhere to a variety of regulatory (and legal) requirements, from the Building Act 1984 to the Construction (Design and Management) Regulations (CDM).
Failing to comply with these regulations can not only compromise the safety of the project, but can lead to delays, legal complications, and extra costs. The fine for breaching building regulations can be unlimited, and lead to imprisonment of up to two years, according to Section 39 of The Building Safety Act 2022.
Thankfully, software for construction projects can ensure you remain compliant throughout the process.
Project management software can identify potential compliance risks before they occur, and implement the right measures to mitigate them. This makes it much less likely to breach compliance and be subject to costly penalties or delays.
Compliance Chain can ensure you adhere to the relevant regulations and standards, improving your reputation and keeping your project on track. We give you the project management tools you need to identify, assess, and mitigate risks effectively.
Manage Documents Easily
Project management software in the construction industry can help you manage your project documents with ease. At Compliance Chain, for example, we give you a secure platform to manage and control relevant documents, such as:
- Certifications
- Permits
- Licences
- Other compliance requirements
Under the CDM 2015, you need three key documents – the pre-construction file, the construction phase plan, and the health and safety file. However, at Compliance Chain, we understand that there are many other documents involved in construction projects, and it can be difficult to keep track of them all. This is why we make document management easier for you with our easy-to-use platform.
Keep Your Budget in Check
In the UK, only 31% of construction projects stay within 10% of their original budget. When it comes to larger projects, it can be difficult to determine the exact cost until you’ve been through the design process. Many project leaders end up with a project they can’t afford, which can have a huge impact on stakeholder confidence.
Construction project management software can help you set a project budget and stick to it as much as possible. It can provide valuable insights into cost projections, expenditure trends, and potential deviations. This can ultimately help you make the right decisions, track expenses and reduce the risk of budget overruns and delays.
Improve Collaboration
Collaboration across a construction project can lead to better project outcomes, and ultimately reduce the risk for everybody involved. In fact, 26% of construction rework is a result of poor collaboration across a team.
Construction project software can allow for seamless collaboration, ensuring stakeholders remain aligned and informed throughout the project lifecycle.
At Compliance Chain, we understand the importance of collaboration. With our collaboration tools, you can:
- Easily share your documents through exportable PDFs
- Make the most of seamless document sharing
- Benefit from efficient real-time updates
Whether you need to consult with architects, liaise with clients or coordinate with subcontractors, our platform enables optimal collaboration.
Boost Productivity
Time is of the essence in the construction business, but software can help to accelerate project timelines by:
- Automating repetitive tasks
- Minimising paperwork
- Eliminating stoppages
- Managing resources and resource allocation
The Compliance Chain project management software can boost productivity across your project throughout the project lifecycle.
We offer a range of project management features to streamline all aspects of project oversight, from project scheduling to resource allocation. Our centralised platform allows you to oversee projects with ease.
Streamline Your Construction Project With Compliance Chain
If you’re looking for the ultimate software solution that can improve efficiency, accuracy, and ultimately, project success, you’re in the right place.
At Compliance Chain, we stand for efficiency and reliability in the construction software domain. We are the project management tool tailored to streamline project management, enhance communication, and ensure regulatory compliance.
We’ve made it easier than ever to manage your construction projects whilst demonstrating complete compliance with your construction projects. We can boost client satisfaction by ensuring your project is delivered:
- Without delay
- Within budget
- With 100% compliance
Our all-in-one software solution can give you complete control over not only project management, but supply chain and social value management too. Our software adapts to the unique needs of each organisation, meaning you’re ready for the future.
The bottom line is that using a Compliance chain for project management will increase the efficiency of your construction project, and ensure it will stay on track, from inception to completion.
To get started, simply book a demo! Take advantage of our comprehensive project management platform, and reap the benefits today!
Beth supports users to optimise solutions, ensuring the success of clients’ projects. She actively listens to industry feedback, contributing to the ongoing development of software solutions.