Weather risk is an age-old problem
(Image Source: Russell, Pam R., et al. “The New Era of Intense Storms.” Engineering News-Record, 16 Sept. 2019.)
75% of general contractors experienced schedule delays due to adverse weather and weather events
The recent Engineering News-Record (ENR, www.enr.com) cover story highlights “The New Era of Intense Storms” impacting the construction industry and built environment. Further, the Q3 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index surveyed contractors about risk and resiliency to weather events. The response: 75% of general contractors (GCs) and construction managers (CMs) experienced schedule delays due to adverse weather and weather events — but less than 40% of respondents calculated the impacts of weather in construction project budgets and construction schedules.
Increasing intensity, frequency and unpredictability of weather events are challenging contractors’ traditional methods
Weather risk is an age-old problem. In the Aon Technology Corner Profile on WeatherBuild, Aon highlights how the “…increasing intensity, frequency and unpredictability of weather events — driven by global warming — are challenging traditional methods contractors use…” in project planning and delivery. General contractors, construction managers, facility operators, and project stakeholders in the construction industry and built environment cannot control the weather — but can control for weather with weather enabled decision support solutions across the total asset lifecycle, in order to increase productivity, enhance safety and manage risk.
Contractors cannot control the weather — but can control for weather with weather enabled decision support solutions
(Source: Russell, Pam R., et al. “The New Era of Intense Storms.” Engineering News-Record, 16 Sept. 2019, pp. 8–11.)
The USG Corporation + U.S. Chamber of Commerce Commercial Construction Index is a quarterly economic index designed to gauge the outlook for, and resulting confidence in, the commercial construction industry. USG Corporation and the U.S. Chamber produce this Index, along with Dodge Data & Analytics (DD&A). Each quarter, researchers from DD&A source responses from their Contractor Panel of more than 2,700 commercial construction decision-makers in order to better understand their levels of confidence in the industry and other key trends. This panel allows DD&A to provide findings that are representative of the entire U.S. construction industry by geography, size, and type of company.
(Source: “USG + U.S. Chamber of Commerce Commercial Construction Index – 2019 Q3.” U.S. Chamber of Commerce, U.S. Chamber of Commerce, 17 Sept. 2019, www.uschamber.com/report/usg-us-chamber-of-commerce-commercial-construction-index-2019-q3.)
Headquartered in Cambridge, MA between Harvard and MIT, WeatherBuild® offers a suite of decision support solutions that empower contractors, owners and operators to improve situational awareness and make better-informed decisions about weather events, schedule impacts, safety risks and probable outcomes.
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