Remove Facility Management Remove Handover Remove Risk Management
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OmTrak’s Wish List for the Construction Industry in 2025: Building a Better Tomorrow

OmTrak

How we can do this : Adopt tools for real-time data validation before its used, ensuring compliance and reducing risks. As stakeholders demand more transparency, validated data will be crucial for making informed choices and mitigating risks. Leveraging historical data can help identify mistakes and improve project management methods.

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Manchester United New Stadium: £2bn 100,000-Capacity Vision to Replace Old Trafford

UK Construction Blog

Financing relies entirely on private investment rather than public funding, with the club exploring strategic partnerships to fund the £2 billion development whilst managing existing debts of over £1 billion. This diversified approach reduces financial risk and provides investors with a more stable return on their investment.

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When Speed Counts: EPCM Delivery for Industrial and Manufacturing Projects

Civil + Structural Engineer

Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. For owners facing this scenario, integrated services like the Engineering, Procurement, and Construction Management (EPCM) delivery method may be the best option for your project.

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Safety in Design Manuals: The Missing Piece in Project Handover

OmTrak

However, when it comes to project handover, it seems that the Safety in Design process is conspicuously absent. Conditions: Guidelines for ensuring that the designed entity poses no risks to health and safety during use. However, this report was merely handed over to the client’s project manager and filed away.

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Project Governance for Commissioning and Handover of Infrastructure

OmTrak

Effective governance helps facilitate communication between project design teams and facility management teams, thus bridging the gap that often leads to missing vital information. When governance is prioritised, it leads to better coordination among teams, which results in improved outcomes and reduced risks.

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Removing the Roadblocks to Sharing Model Data

Civil + Structural Engineer

By Peg Landry Our new study, “Finding Common Ground: The Future of Project Information Management,” examines challenges related to sharing project information, including model data. According to the National Institute of Building Sciences (NIBS), “BIM is a digital representation of physical and functional characteristics of a facility.

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Why Owners Need a Common Data Environment

Autodesk Construction Cloud

Owners are faced with rising pressure in today’s construction landscape with project risks and costs at an all-time high. Beyond that, the cost of building facilities is increasing. Meaning it’s critical for owners to operate their facilities efficiently to achieve long-term profitably. What is a Common Data Environment (CDE)?