Why does building a property cost so much? Well a lot of the reason is because of the lack of efficiency in the building industry, the manual systems and handoffs and updates managed through phone calls, email and onsite visits, gaps in the supply chain, the demands of governance which requires even more administrative work, and a lack of visibility across the entire process which culminates in defect correction at the end.
In fact, at least 13% of the cost of building is attributed to rework in some way, according to research by Deakin University.
But my guest in this episode is fixing all of that.
Justin Williams is the founder of ConstructionID by Wiseworking - a building process and document management platform that captures all of the information in a build - from design through to post-building management - in one system.
They were a winner in the Proptech Awards 2022 and a finalist again this year
