{"id":40397,"date":"2018-04-16T15:17:53","date_gmt":"2018-04-16T14:17:53","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=40397"},"modified":"2018-04-16T15:17:53","modified_gmt":"2018-04-16T14:17:53","slug":"uk-could-save-15bn-every-year-by-lifting-construction-productivity","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/uk-could-save-15bn-every-year-by-lifting-construction-productivity\/40397\/","title":{"rendered":"UK could save \u00a315bn every year by lifting construction productivity"},"content":{"rendered":"

Last December, the UK government announced its new productivity programme which is expected to deliver savings of\u00a0\u00a315bn every year<\/a>. The programme is called\u00a0Transforming Infrastructure Performance (TIP)<\/a>. Its main objective is to boost UK construction productivity and revolutionise the building sector in terms of infrastructure investment<\/h2>\n

Infrastructure investment refers both to social infrastructure (hospitals and schools) and economic infrastructure (energy networks and transport). The new \u00a3600bn infrastructure (public and private) investment pipeline is anticipated to optimise the construction process from start to finish.<\/p>\n

\"UK<\/p>\n

\u201cIt is a \u2018game changer\u2019 and we need to recognise that it is here to stay.\u00a0It also underlines the necessity to embrace digital solutions as the backbone of the future delivery of the UK construction industry. Transparency and accountability will drive this change and with the Government driving further initiatives in late 2017 to give certainty to investors that will in time boost industry confidence and bolster future investment\u201d,\u00a0<\/em>highlights Jason Ruddle, construction expert and UK MD at\u00a0GenieBelt<\/a>.<\/p>\n

TIP<\/a>\u00a0has a ten-year scope and will address the core issues that hinder efficiency and productivity in UK construction. In general, it is seen as a way for the sector to overcome its traditional problems and embrace new technologies in order to establish a more inclusive and transparent building process.<\/p>\n

\u201cWe all want to see improved productivity and improved costs, but this will only come from collaboration between the different disciplines within the construction process. The Government has led the way with its now established BIM Strategy which has been recognised as the first truly global digital construction technology\u201d, added Ruddle.<\/p>\n

The key areas of focus<\/h3>\n

Construction technology can provide the UK building sector with tremendous help when it comes to addressing and eventually solving its core issues. Simply put, it is a valuable asset for every construction stakeholder and it gradually transforms the relationship that construction companies have with information.<\/p>\n

\"UK<\/p>\n

In a nutshell, here are the three main areas of interest that the new productivity programme is focusing on:<\/p>\n

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  1. Prioritising the right projects \u00a0\u00a0<\/strong><\/li>\n<\/ol>\n

    As reported by the\u00a0National Audit Office (Department of Transport)<\/a>\u00a0and the\u00a0LSE Growth Commission<\/a>, economic infrastructure investment is a key factor in fiscal growth. By extension, economic growth can lead to an augmented\u00a0demand for further infrastructure services.<\/a>\u00a0For that reason, it is crucial to focus on the right projects. In that manner, you will be able to take the most out of your investment. The smarter you invest the higher ROI you can hope for.<\/p>\n

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    1. Optimising project delivery \u00a0\u00a0\u00a0\u00a0<\/strong><\/li>\n<\/ol>\n

      When it comes to the contribution of construction to the British economy,\u00a0the numbers are impressive<\/a>:<\/p>\n