Authored by Nitin Bhandari, CEO of Planera
The construction industry is seeing historic growth but legacy tools and hiring difficulties are the top concerns for industry professionals according to a recent independent study commissioned by Planera, a visual scheduling and planning solution helping construction companies build, analyze, and optimize project schedules to increase profitability. The survey included responses from more than 200 construction industry leaders in the United States who directly manage construction planning efforts in their daily roles.
The Construction Tech and Workforce Report, which surveyed construction industry managers and executives within the U.S., gathered data on the integration of new technologies into the pre-construction planning process and the associated challenges.
- Untapped Potential: A majority (78%) of construction decision-makers believe their business would benefit from having more team members involved in the scheduling process.
- Dissatisfaction with Current Methods: 91% of respondents are leveraging a scheduling solution technology (e.g. P6, Microsoft Project); yet 66% mark their current planning software as complex and challenging to use. As the market continues to grow, 89% of construction executives are prioritizing investments in planning tools.
- Top Hiring Challenge: A full 37% of respondents cite difficulties finding people with sufficient construction scheduling and planning experience.
When asked about modernizing their tech stack, a vast majority (90%) of respondents shared that tech modernization is important, but 37% of respondents said that it is difficult to find people with the experience necessary to integrate and utilize these tools.
While most (91%) of respondents shared that they are using a scheduling solution, 66% think their solution is too complex and challenging to use. Almost a third (31%) of respondents admitted that their current tools are causing them to lose out on projects, and in turn, profit. Although 89% of respondents are prioritizing investments in construction planning tools as the market grows, the difficulty finding talent is a major obstacle; 27% said it's a challenge finding and recruiting people with the right skills to execute projects.
More than half of respondents shared that they need to recruit talented people and improve the technology infrastructure to execute new projects, with only 38% saying that they feel sufficiently staffed to handle an influx of new construction projects. However, less than half (48%) of respondents say they have a plan to address corporate staffing (non-labor) talent shortages.
"The critical need for tech modernization to simplify and streamline the construction planning processes is well-recognized by the industry, but many construction professionals are still using outdated legacy tools to schedule their projects," said Nitin Bhandari, founder and CEO of Planera. "In order to keep pace with the influx of new projects and a continuously growing market, it is imperative for construction leaders to find solutions that are both technologically advanced and easy to use. This positions them to not only have the tools necessary to prepare accurate bids and schedules for projects, maintaining both efficiency and profitability, but also prevents them from having to hire employees with a specialized skill set to manage this technology."
Resources
- For more information on the survey results, visit the Planera website at www.planera.io.
Survey Methodology
Planera commissioned independent research firm Pure Spectrum to survey 200 United States construction managers and executives about their experience utilizing technology for pre-construction planning efforts in 2023. The margin of error for this study is +/-5% at the 95% confidence level.
About Planera
Planera is a digital whiteboard tool that helps companies in the construction industry more accurately layout their scope of work, develop estimates and bids, and create a timeline for project completion. By combining the complex capabilities and innovation of legacy programs with the simplicity of spreadsheets, Planera serves as a comprehensive workflow management solution for contractors and other construction companies in both the residential and commercial sectors. With features that replicate the physical drawing board that these companies often utilize to map out their projects in a digital whiteboard format, Planera incorporates the visual nature of construction planning into a seamless dashboard with a plethora of other critical tools.
