Consequences: not monitoring resources - Volartech

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5 consequences of not monitoring the resources of your construction projects

5 consequences of not monitoring the resources of your construction projects

Do you monitor your construction projects regularly? Overlooking this process not only affects the progress of the stages and compliance with the schedule; it can also cause significant cost overruns that alter the budget and sooner or later reduce profitability. 

Managing operational and economic resources is a key component of the construction industry due to its complexity and dynamism. Therefore, when the costs of materials, labor, and equipment are not adequately controlled, significant deviations in the project budget can compromise its quality and cause delays in its delivery.

Here are the 5 most serious consequences of not doing good monitoring:

  1. Imbalance in the allocation of resources: without proper monitoring, resources can be distributed unevenly or inappropriately among the different phases of the project, which can deprive key areas of resources and underutilize others. For example, when at the beginning of the project a list of materials needed for construction is drawn up and during execution, it becomes evident that the required quantities were not calculated, or worse, when there are too many.
  1. Failure to meet deadlines: each stage has a stipulated completion time that must be respected in order not to modify the project schedule. Therefore, when there is no adequate control, several situations may arise that cause non-compliance and delays in the delivery of the stages and/or in the final delivery. An example of this is when errors are detected in the final review and adjustments must be made. If detailed monitoring had been performed during the process, it would have been detected in time.
  1. Loss of quality: the lack of adequate materials and equipment, as well as unqualified personnel, may affect the quality of the work and generate additional costs to correct faults. This is the case of buildings that present flaws in their finishes due to the deficient work of inexperienced and unsupervised hired labor.
  1. Loss of profitability: additional costs for corrections, structural reinforcements or repowering, contractual penalties, and fines, trigger the reduction of the project’s profitability and may even lead to financial losses when the money invested is greater than that which is returned.
  2. Safety risks: without regular monitoring, it is not possible to identify and correct in a timely manner the hazards present at the construction site, or to verify that personnel are using personal protective equipment. This can lead to accidents that compromise the life and health of all those involved in the project. Therefore, when they occur, it is likely that medical expenses will be generated and compensation will be necessary.

Now, to prevent this from happening to you, you already know that monitoring is an essential process in all your projects, as it can save you time, money, and a lot of effort. However, if you still think you have to do it in person, it’s time for an update! Today this process can be done virtually and in real-time, thanks to technological tools specialized in audiovisual production such as drones.

So, if you want to ensure good use of resources and guarantee the success of your projects, remote monitoring is for you and in Volartech we are here to support you. Learn more about our services here.