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McKinsey Construction Trends



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McKinsey Construction Company is a building contractor that submits competitive bids for dwellings and other types of construction projects. They perform a variety of construction activities, but are primarily responsible for scheduling, planning, and supervision. 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 is a partner at the McKinsey Global Institute (MGI), the business and economics research arm of the consulting firm. He oversees work on infrastructure, construction, productivity and competitiveness. He previously worked for McKinsey as a consultant. He is currently a speaker regarding these 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%. Implementing technology successfully requires transparency in data and leadership that is willing to collaborate. McKinsey discovered that many construction companies are adopting technology. Companies are finding new customers, and better ways for them to carry out their projects. McKinsey’s research found that many businesses have adopted new technology in order to improve productivity and decrease costs. The benefits of increased productivity and efficiency are also being enjoyed by self-performing contractors.

Jose is the McKinsey North America Construction and Engineering Manager. He is an expert in construction technology and real property and provides advice to capital project leaders through the entire lifecycle of a project. His previous experience includes leading hundreds of engineers through complex projects and working for Europe's largest E&C company. He has deep experience unlocking value by embedding digital capabilities and scaling new technologies.


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Accepting technology

The rise of technology is transforming construction, engineering, and communication. Earlier, manual sketching and illustrations were used to convey project details and communicate progress to workers. The technology of today makes it easier for construction companies and workers to maintain constant communication. It also allows for 3-D modeling of projects and the simulation of various aspects of a project, including its cost.


Increasingly, construction companies are embracing technology to keep pace with the changing landscape. Construction firms are facing new challenges due to clients' increasing awareness of rapidly changing markets. The future of infrastructure will be built on modularity and optimizing health, security, as well as energy parameters. New possibilities are emerging as technology becomes more affordable and more efficient. McKinsey’s construction technology landscape scan (CTP) is one example of this technology.

Lack of labor

In a recent report, the U.S. Bureau of Labor Statistics revealed that construction workers are in short supply. According to the report, the average hourly wage for construction workers has risen by 2.6 percent, compared to 2.1 percent for all U.S. workers. Several factors are to blame for the shortage, including the recession, which forced many workers to seek other occupations, and restrictive immigration laws, which have largely prevented undocumented immigrants from filling the gap. The education system has also been slowly phasing away vocational training as parents encouraged their children to pursue university degrees.

The shortage of workers is not limited to the construction industry in McKinney. This affects virtually every industry within the region. It affects not only construction workers but also code regulators and designers. According to the 2020 Construction Outlook Survey of Associated General Contractors of America, almost 80% of construction companies claim they are having difficulty filling salaried positions. This problem is likely to increase as housing costs continue their rise.


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FAQ

Which US states allow drones?

Legally, you can operate a drone to perform hobby tasks. The Federal Aviation Administration (FAA), has established guidelines that allow the use of small unmanned aircraft systems (UASs). These UASs must first be registered with FAA to be allowed to be flown. If certain conditions are met the FAA will allow commercial operators to fly these drones.


What is the law about drones flying on private property?

Recently, the FAA issued new rules regarding commercial drone flight. These rules apply to UAVs with a weight less than 55lbs and that fly at a height of below 400 feet from the ground. Commercial operators must register with FAA to receive a license. They also need permission from local authorities when operating near airports or other restricted areas.


Is it necessary to have special training in order to fly a drone

No, you don’t need any special training in order to fly your drone. You just need a remote-control unit and basic knowledge in flight mechanics.


Are Drones Banned Where?

The FAA bans drones flying in restricted areas such as airports, stadiums or sporting events, nuclear power stations, hospitals, prisons, and other sensitive areas. They allow them to fly at nights using GPS technology.


What are the laws around flying drones?

The Federal Aviation Administration (FAA), regulates drone operations in the United States. You must first obtain a FAA certification before you can operate a drone commercially. You must then complete a course on piloting skills and pass an examination. The final step is to pay the fee.


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. The FAA does require you to register unmanned aircraft systems (UAS), which include the registration number of your model, weight and size, serial numbers, manufacturer's names, date manufactured and other information.



Statistics

  • According to industry research from ZipRecruiter , there are 10 cities where the typical salary for a Drone Pilot job is above the national average. (dronesgator.com)
  • According to ZipRecruiter, the minimum hourly wage of drone pilots is $20. (thedroneu.com)
  • According to Indeed, a drone pilot gets paid $25.73 per hour on average in the US. (dronesgator.com)



External Links

dji.com


nps.gov


iacra.faa.gov


uavcoach.com




How To

How to choose the best drone for photography

In this article, we explain how you can choose a good drone for your requirements. We will explain what features you should be looking for when selecting a drone.

First, let's take a look at some general tips to help you choose the right drone for you.

Size is the most important thing to consider before you purchase any product. If you intend to take photos above ground, you'll find that a larger size camera is easier than one that's smaller. This is especially true when you're just starting out as a pilot. You don't want get in trouble for being too afraid to take the plunge higher.

Second, be sure to check the quality and size of the sensor. The higher the sensor size, the better images you can capture.

A remote controller might be worth your consideration. They help you track where your drone is in space and make it much easier to fly.

Finally, you'll want to consider whether you'd like to buy a fixed mount or a gimbal. You can shoot stills while flying with a gimbal. It is easier to keep the gimbal steady and offers more freedom of movement. These are more costly depending on what you want.




 



McKinsey Construction Trends