Just read the below. Now granted I didn’t go read the article, but since when is the majority of the cost of building in its construction? Last I new, at least in the commercial, education, healthcare, and government sectors, 70%-80% of a building’s costs are attributable to ongoing renovation, repair, operations, etc.
By Matt Stevens MBA Ph.D.
The excitement about virtual construction is justified, since the majority of the cost of any building is the actual construction. It is many times more than cost of the design. With wasted time of labor still around 30 percent however, it is logical and rational to start there in our quest for better project outcomes. Virtual design has its place, but the real opportunity is to increase productivity, safety and quality while constructing in real time. Read our 3 page article from DBIA’s Dateline Magazine