AI construction technology provider Buildots has introduced the Delay Forecast feature designed to predict delay risks and provide early warnings to construction teams.
This AI-powered tool is integrated into Buildots' main dashboard and is engineered to identify activities at risk of falling behind.
It quantifies these risks by projecting potential delays and suggesting pace corrections. This enables users to refine their strategies and improve overall performance.
The tool offers detailed insights into the causes of delays, allowing for continuous improvement in project management approaches.
Users receiving delay alerts can adjust pace assumptions and evaluate the impact of these changes on project timelines.
Additionally, the dashboard tracks risk trends over time.
The Delay Forecast feature has undergone beta testing on various international construction sites, including a large government complex being built by NCC Denmark.
NCC project manager Niels Frank Jensen said: “Using Delay Forecast, not only can we now identify risks very early, but also inform our trades of the exact pace required to meet the schedule. Trades can adjust manpower resources accordingly by viewing quantities of work.”
The results indicate a potential to halve delay times when the tool is used in conjunction with the Performance Driven Construction Management method.
The tool was developed following Buildots' research that revealed that 62% of construction site activities tend to be slower than planned, with 25% running at half their intended pace.
In 2022, the company raised $60m via a Series C funding round that was co-led by Viola Growth and Eyal Ofer’s O.G. Tech.