10/1/24

Integration to Technology and Preconstruction

While many construction companies focus on technology for efficiency and transparency during construction, significant opportunities remain in applying advanced tools to the preconstruction phase. Michael Ho, CEO of Bespoke Metrics Inc. discusses the importance of tech stack integrations, growing concerns around data ownership and security, and the role of prequalification in preconstruction. 1:00 Sponsors 7:23 Bespoke Metrics Intro 9:17 High Risk Prequal and Bringing Structure 10:30 Owner Developer GC Risk Management 11:20 Not Pricing Risk Appropriately/Eliminate Low Bidder Wins 12:30 Prequal will grow 16:00 Working on Prequalifications 16:12 Larger GCs Tracking Metrics and Data Points 17:09 Is Prequal Part of Precon? 17:56 Consider Personas: Partner Vs. Risk Who is the decider? 19:40 May have a Predisposition or desire to get a cheap price? 23:08 AI in Prequal Process 26:51 Data Collection, Data Verification and Standardization 28:28 Generative AI 31:30 All-In-One Solution? 33:05 Concept of Building Tech like an App 36:25 Tech Overload, Need Fewer Choices 37:43 Get a Tech Plan Now 38:48 Choose Best in Class 40:20 Has Tech made us more profitable yet? 41:20 Apples to Apples Pricing: Flat to Lower- Price Tech Accordingly 42:49 Invented Terms and Pricing Thank You to Our Sponsors: Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit https://www.themorninghuddleconstructionshow.com/about Subscribe to our weekly e-newsletter for the latest updates. https://lp.constantcontactpages.com/s...

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Time Impact Analysis with Project Scheduling