Construction Business Misconceptions

construction business

“They” say that those of us in the construction business are slow to accept change. We’re slow to develop and implement new business practices. We believe what “they” say is a misconception about our industry.

The pandemic has forced our country to reassess the architectural design and construction of hospitals, schools, offices, and any commercial business where employees and customers interact face-to-face. Another misconception concerns prefabrication.

Prefab, Modular Transforms Construction Business

Offsite prefabrication and modular construction are going to transform our industry. But many of us are nervous about risks and have misconceptions about the effectiveness of offsite prefabrication.

Here are two common misconceptions:

1. Cookie-Cutters Can’t Be Customized

“…Prefab and modular interior construction are the exact opposite of cookie-cutter,” says Construction Dive. You don’t order a room or house from a catalog. One project executive said it’s a highly customizable solution. Everything – materials, colors, and more – are customized. And the finished product is often more durable and sustainable than traditional materials.

2. Prefab and Modular Expensive; Look ‘Cheap’

The misconception that prefabricated housing is unattractive, poor quality, and looks cheap is debunked. Now, the misconception is it’s so expensive it isn’t an affordable option for most.

When you do the math and factor-in time savings, less labor, fewer do-overs, and the versatility of prefab and modular construction, the savings are visible and viable:

  • Complexities requiring different materials, electrical components, or mechanical elements are easier, not more difficult
  • Less need for onsite labor
  • Modular elements can be introduced at any phase during the project
  • Prefab can save more than 20% on construction costs
  • Timelines can be reduced by 20%-50%

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By the time you access the building permit data to find one piece of information, sort it into location- and market-specific analysis, pull it into a readable format, well, by that time, you could have received that one piece of information and much, much more from our technology pros.

You have better things to do. This is all we do, and we’re good at it. Contact Construction Monitor with questions.