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Connecting Owners and Contractors: How Technology Enables Connected Construction

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S M A R T M A R K E T BR IE F KEY FINDINGS Key Findings BENEFITS AND CHALLENGES OF CONTRACTOR USE OF THE OWNER'S PMIS Both owners and contractors recognize the value of using a PMIS for exchanging information on projects, and nearly all contractors have to use an owner's PMIS on at least some of their projects. However, it is rare for owners and contractors to have the same PMIS system or to be able to integrate the two systems, and this forces the contractors to frequently do double entry or not include projects in their own PMIS systems. This causes contractors challenges, but many owners do not recognize the increased risks contractors face. i RFIs SUBMITTALS OWNERS 76% CONTRACTORS 74% 90% Productivity loss Owners who believe that contractor risks are not increased when required to use the owner's PMIS. Satisfaction with using a PMIS Impacts of doing double entry for contractors How contractors respond to the requirement to use the owner's PMIS 42% Use both their own PMIS and the owner's, and do double entry 34% Use the owner's PMIS and not their own OWNERS 68% CONTRACTORS 68% Percentage of contractors who use an owner's PMIS system on at least some of their projects. 42% 73% Slowed information workflows and cycle times 70% Frequency of data entry errors 62% © Dodge Data & Analytics w w w.construction.com Premier Par tner: e-Builder SmartMarket Brief: Connecting Owners and Contractors 23

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