What is Our Time Worth?

It's been claimed that project managers spend over 20% of their time on a project just on the planning phase. Nearly 70% of their time is spent on execution, and 5% on supervision.

What we accomplish while we’re working depends on how efficiently we use our energy. If we’re spending endless hours wearing out a calculator, there must be a better way. In a world of reusable rockets and pocket supercomputers, we can develop a way to work smarter.

Prediction 3D, a technology company based in Hattiesburg, MS, USA, has spent years developing the most cost efficient project management system to both own and operate. Prediction 3D, aka Prediction 3d, has developed a project management tool that uses the enormous computing power of artificial intelligence to help us work smarter, not harder.

If our time is our most valuable commodity as many have suggested, perhaps it’s time to leap into the 21st century and try to use ours in a better way. Using technology is like using any other tool. We test the quality, function, and usefulness to determine the value.

Here we will discuss how we might use technology to our advantage as project managers, general contractors, and developers. We will discuss how technology can reduce the time we spend unproductively, and increase the value of our time.

How Can Technology Help Me Manage a Project?

Let’s imagine you were driving somewhere on vacation and encountered a traffic jam that delayed your hotel arrival. As a result, your hard-to-get dinner reservation was canceled, so you’re off to a bad start.

However, what if a few miles back you could’ve taken a 15 minute detour and saved yourself 4 hours of sitting in traffic?

Prediction 3D construction estimating software is designed to use your BIM files (a digital rendering of your project) to create pre-construction estimates that are dynamic, and constantly updated.

Let’s say you respond to an RFP from a prospective customer with a pre-construction price estimate good for 90 days. However, let’s say a critical component gets tied up due to a credit hold, low supply, or high demand.

Next, the customer accepts your pre-construction estimate and you begin to order materials, only to discover the component you need is now backordered. Had you known in advance that the part was becoming scarce, perhaps you would have made a different decision.

Prediction 3d Pre-Estimating Software Uses Artificial Intelligence

Project management is all about keeping small problems small. The nature of the business usually requires stages to be completed in orderly fashion, at least to some degree. This is why project managers lose sleep over decisions made early in the project.

Small mistakes can snowball into disastrous avalanches unless the project details are managed well. Prediction 3d estimating software is powered by AI, because of the incredible speed and reliability AI computing offers.

Prediction 3d software is very user friendly, unlike some other AI powered tools that require a weekend training course. Prediction 3d estimating software uses your BIM files to create a 3D model of your project, helping you visualize the next steps.

You can create Gantt charts, reporting, and change any parameter almost instantly. Once you're done, Prediction 3d will provide the best scheduling and take off estimate, based on the parameters you provide.

If a parameter changes, Prediction 3d will automatically correct the project info affected, and provide alerts as directed. You’ll be able to predict material shortages, labor availability, logistics, and other common project management tasks much more easily.

If you remember our vacation analogy, Prediction 3d would have already considered every possible option should a delay occur. Prediction 3d would have helped you visualize the unusually heavy traffic you encountered 30 minutes earlier, and reminded you of a potential traffic jam on the horizon.

Your Time Is Valuable, So Treat it That Way

Prediction 3D AI powered pre-construction estimating software can save your fingers, a few calculators, and your time. Even if you don’t include the hours of number crunching some projects can require, consider the reduced hassles.

Helping reduce errors and changes early in the pre-construction estimating phase can drastically affect the time and money invested down the road.

Problems that never occur can’t happen at the worst possible time, like most do. Using Prediction 3d software tools, you’ll spend less time fixing problems that were avoidable with better information.

Prediction 3d software will even help detect input errors with its 3D visualization feature. Using data from the BIM, Prediction 3d software will access the project parameters you provide, like residential or commercial, and calculate the best strategy.

If you’re interested in finding more information about using artificial intelligence for estimating, the fastest way is to discuss your project with an expert. They’ll answer all of your questions and maybe even a couple you didn’t ask.

Discover the AI powered tools you can use to take pre-construction estimating to the next level. Prediction 3D is ready to help you take your project no matter how large or small it is.

Ready to try for yourself

Schedule a one-on-one demo with our team at Prediction 3D today, and explore all the features and capabilities of our software tailored to your needs.