All eyes are on the next generation.
Over the last three years, new project data has doubled across the industry. As new technologies create more and more data, many firms are struggling to capture, analyze, and manage it all. This problem can have a significant impact on decision-making based on data. In fact, it’s estimated that poor decisions based on poor data may be impacting costs in the global construction industry at upwards of $1.85 trillion.
The amount of data we create isn’t going to decrease. The big question then is who will manage all of this data? And how? Data management is critical to maintaining a competitive advantage, finishing projects on time, and staying on budget.
All eyes are on the next generation. These soon-to-be industry-newcomers are acquiring the skills for data management in educational institutions across the world. Below you’ll find highlights from our recent interviews with educators at Birmingham City University (BCU), University College London (UCL), and Technology University Dublin (TU Dublin). They share how today’s educational institutions are building curriculums to prepare students for data-related roles.
How are modern students being taught to use data?
The rooms of today’s undergraduate classrooms are primarily filled with students from Generation Z. These students are considered to be “digital natives” because they grew up with access to digital technology. While their innate familiarity with technology is certainly a plus, it doesn’t always mean they’re naturally equipped with the skills needed for data management.
Have curriculums been adapted to teach modern data skills?
Is workflow optimization being prioritized? If so, how?
Workflow optimization can help increase process efficiency, task automation, visibility, collaboration, and process adoption rates. These benefits all add up to better project outcomes for construction firms. However, mastering workflow optimization isn’t as simple as mastering different software applications. Instead, BCU incorporates digital underlined processes such as BIM and international standards (e.g., ISO 19650) to equip students with industry best practices.
Making the grade: How to master data and analytics
From data management and security to workflow optimization, the newest generation is learning how to succeed in today’s digital construction environment thanks to robust, carefully designed curriculums. That said, enhancing data skills is not exclusive to the up-n-comers, nor should you wait for new employees to understand the impact of data on your own projects. If you’re interested in upskilling your current workforce, we recommend reading 6 Leaders in Construction Share Priority Data Skills to Plan for Now.
Knowing how to harness data is critical to informing effective decisions, reducing risk, and increasing profit. In our report, Harnessing the Data Advantage in Construction, we partnered with FMI to survey over 3,900 construction professionals on their data strategies and best practices. Get the report now to discover key insights into mastering data and analytics.