The Domino Effect of Idle Time in Construction

The construction industry is one of the least productive sectors worldwide and costs the global economy 1.6 trillion dollars per year in lost value. By tackling what is commonly known as idle time (aka lost productivity), the astonishing 98% of construction megaprojects worldwide that experience costs overruns of more than 30%, and 77% that are at least 40% late could be something of the past. 

The obsolescence domino effect

Benefits of a Forklift Preventative Maintenance Program

Idle Resources: Maximizing Productivity Amidst Excess Capacity - FasterCapital

How to Track and Improve Equipment Utilization

Equipment tracking to reduce idle time and avoid site delays

The MCS flowchart for failure propagations.

Idle Time: The Silent (Profitability) Killer - myComply

How Digitization, AI Provide Control on Construction Sites

Idle Resources: Maximizing Productivity Amidst Excess Capacity - FasterCapital

The evolution of digital twins in supply chain

The Domino Effect of Idle Time in Construction

Domino Effect Challenge, Collaborative Team Building Activity