It’s become an axiom of the modern construction industry that projects will take longer and cost more than what was agreed on in the original contract. Developers often feel like it’s impossible to complete a project without experiencing an overage or delay because they’re at the mercy of a number of factors outside their control. This doesn’t have to be the case, however, especially when developers use innovative methods such as modularization to avoid, and in some cases, eliminate such issues.
Key Considerations for Modular Construction
Modular construction has the potential to eliminate half of the time and virtually all of the stress associated with large-scale commercial construction projects. The technique requires a number of key decisions to yield the greatest success, however.
Here are four important considerations regarding modular construction:
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Modular: From
Projects to Products
Consulting firm McKinsey & Company examines the origins of modular construction and the potential impacts widespread adoption would have on the construction industry.
A Brief History of Modular Construction
Modular construction may seem like a new building method, yet it has been around for nearly two centuries. This process of constructing structures offsite, then transporting and assembling them in half the time as traditional techniques has undergone an extraordinary transformation since the 1830s and has blossomed into one of today’s leading construction approaches. Here’s a brief history of modular construction to help better understand its current rise in popularity, application, and methods.
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Benefits of Offsite Construction
Offsite construction refers to the portion of a modular construction project taking place away from the building site, in a separate facility. This industry-changing process perhaps best distinguishes modular from traditional construction, and results in greater efficiencies that save time and money. The following breakdown explains in further detail several significant benefits of offsite construction with modularization:
Reducing Housing Costs with Modular Construction
The Building Industry Association of Philadelphia (BIA) examines the challenges facing the Philadelphia housing market and presents arguments for how modularization can help.
Stages of the Modular Process
Modular construction is an innovative and sustainable method of large-scale building, capable of delivering better results in less time, for less money. The modular building construction process differs significantly from traditional construction, which might leave some developers curious about what it actually entails.
Primary Modular Building Materials
Modular construction is an innovative approach to large-scale building projects that can significantly improve efficiencies, reduce construction time, and even cut overall costs. Not all modular buildings are created equal, however. The materials used in modular building play important roles in dictating key aspects of the build’s overall scope, quality, strength, safety, durability and sustainability.
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Prefab Vs. Modular Construction
With growing dissatisfaction over the increasing inefficiency of traditional, onsite construction, thoughtful owners are exploring offsite construction alternatives that allow for a more streamlined approach to the building process. During their exploration, many will come across terms such as prefabrication, modularization, or modular vs. prefab and wonder:
“What’s the difference between prefabrication and modularization?” and “Which option is better for my building project?” Continue reading “Prefab Vs. Modular Construction”
Modular and the U.S Construction Crisis
Today’s building projects are more complex than ever with the vast majority of projects experiencing chronic cost overruns and schedule delays. A recent report published by McKinsey and Company reveals that most large construction projects “take 20 percent longer to finish than scheduled and are up to 80 percent over budget.” According to another study conducted by the “Economist” over 90% of all global infrastructure, projects are either over budget or late.