0:23
AI is starting to transform project management by automating routine tasks, enhancing decision making, and optimizing resource allocation.
0:31
Contractors are also using advanced data analytics to provide insights into project performance to enable proactive management of potential issues.
0:39
Subcontractor management software and health and safety software are being increasingly adopted across the industry in both Australia and New Zealand to enhance efficiency, compliance and collaboration.
0:48
Key features of subcontractor management software include compliance tracking, ensuring that subcontractors meet regulatory and contract specific requirements such as licensing and certifications, Performance monitoring, which tracks subcontractor performance metrics and delivery timelines, and payment management, which automates payment processing based on milestones and contract terms.
1:08
And finally, collaboration tools which facilitate communication between the contractor and their subcontractors for smoother project execution.
1:16
Similarly, key features of health and safety software include Instant Reporting management, which streamlines the reporting of accidents and near misses, ensuring swift corrective action is taken, Compliance management, which tracks adherence to workplace safety standards and local regulations.
1:31
Training and certification Ensuring that all workers, including subcontractors, are trained and certified in required safety protocols and real time monitoring using IoT devices and wearables to monitor onsite conditions.
1:44
Alerting stakeholders to potential hazards.
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