WebEd: Business Case for Lean Construction

Business Case for Lean Construction from the General Contractors Perspective
Member Price: $0
Non-Member Price: $99

Description:
Countless studies and research reports from the Construction Industry Institute, the Lean Construction Institute (LCI), Dodge Data & Analytics and other organizations continue to release studies showing that most traditional projects are being delivered later and over budget. At the same time the construction industry is facing a historic workforce shortage, with 80 percent of firms reporting difficulty filling hourly craft worker positions and 56 percent of firms reporting difficulty filling salaried positions. Lean Construction and its focus on reducing waste and inefficiency, increasing early collaboration and problem-solving could be a big player in solving these on-going challenges however many GCs continue to resist due to lack of evidence that it can be implemented in a way that produces project satisfaction without busting the budget or eating away at profit.

In 2016, LCI in partnership with Dodge Data & Analytics sponsored an Owner outcome study titled “Why do Projects Excel? The Business Case for Lean Project Delivery”. LCI followed up their research from the Owner perspective by including designers in a study called “Why Projects Excel-Great Design Enabled by Lean” which compared best vs. typical projects, as well as design firm-relevant metrics to establish a benchmark of performance to reveal the impact of Lean methods. 
In 2021, Associated General Contractors of America (AGC) partnered with LCI and Dodge Data & Analytics to conduct research into the benefits of Lean Construction methodology on projects for the general contractor including Building/Highway/Federal/Specialty Contractors. Members from all three organizations worked together to provide the industry evidence that utilization of Lean methodology provides benefits across the board for:

• Schedule 
• Cost 
• Safety 
• Employee Engagement
• Client Satisfaction 

This is the first-time research of this magnitude on Lean Construction methodology has been conducted for the general contractor and the findings will be presented in relation to the previous two research projects by the leading organizations in the field of Lean Construction.
When
2/16/2022 2:00 PM - 3:00 PM
Online registration not available.

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