Raising the odds Six areas where AI can help with project management By Lucas Hayden
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rtificial intelligence (AI) has played an important role in the construction industry for years, particularly in the
design-build side of the business, where virtual tours, drone-enabled inspections and similar kinds of capabilities can be found in the tech toolbox at many firms. Lately, that role has expanded as the range of AI-driven capabilities grows, as the large language models behind these capabilities learn, and as firms become more knowledgeable and comfortable with using these tools inside their business. One of the areas where AI shows the most potential for delivering value to a firm is in the intricacies of managing a project throughout its lifecycle, from initial proposal, to preconstruction, right through to final delivery. With its ability to surface insight to improve decision-making for both projects and pursuits, and to automate manual processes so project teams work more efficiently, freeing them to focus on the higher-value work that produces better outcomes for clients and owners, AI can be a true difference-maker for a construction firm.
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COMMERCIAL CONSTRUCTION & RENOVATION — ISSUE 9, 2024