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Software difficulties cost builders billions

08.30.04 | National Institute of Standards and Technology (NIST)

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Conducted by RTI International (Research Triangle Park, N.C.) and the Logistics Management Institute (McLean, Va.), the report places a price tag on avoidance, mitigation and delay activities due to data-exchange problems. It also takes into account the cost of redundant paper management.

The analysis, expected to benefit key stakeholders throughout the construction industry, breaks down data exchange-related losses for architects and engineers, general contractors, specialty fabricators and suppliers, and owners and operators at three different stages of a building’s life: (1) design and engineering; (2) construction; and (3) operations and maintenance.

The publication, Cost Analysis of Inadequate Interoperability in the U.S. Capital Facilities Industry (NIST GCR 04-867), also identifies barriers and opportunities for improvement. Electronic copies are available at www.bfrl.nist.gov/oae/oae.html .

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Contact Information

John Blair
National Institute of Standards and Technology (NIST)
john.blair@nist.gov

How to Cite This Article

APA:
National Institute of Standards and Technology (NIST). (2004, August 30). Software difficulties cost builders billions. Brightsurf News. https://www.brightsurf.com/news/1WW7DGZ1/software-difficulties-cost-builders-billions.html
MLA:
"Software difficulties cost builders billions." Brightsurf News, Aug. 30 2004, https://www.brightsurf.com/news/1WW7DGZ1/software-difficulties-cost-builders-billions.html.