3 metrics you should track during construction
How can you start using construction data? Start with these 3 metrics, and you'll get an accurate view of your project.
When you’re in the thick of construction, it can be difficult to know exactly where your project stands. By tracking these 3 metrics, you’ll get a transparent and accurate view of your project. Plus, having the right construction data at hand will help you make smarter decisions, hold contractors accountable, and boost productivity.
Read on to see the thee metrics that will keep you informed on every project.
1. Project status
Wouldn’t it be great to know exactly where your project stands, at any point in time? Tracking your project’s status and the progression of work is simple with the right tools. You can track project status with a site quality plan. Keep a full list of inspections, checklists, and other milestones that must be completed on your site. As items are completed, mark them as done. This can be done manually with an Excel template, or through quality plan software. Either option gives you the opportunity to create insightful reports.
Once your site quality plan is in place, you can go one step deeper to track the status of work being completed on site. When issues, defects, or other tasks come up during inspections, keep a record of them. Just as you did in your site quality plan, mark these tasks as done once they are completed. With an Excel template (like this one for punch lists), or task management software, you can check and report on progress at any time, giving you a more transparent and accurate view of where your project stands.
If you want to gather more insight, we recommend tracking the location and responsible contractor to every task you record. This way, you can pinpoint bottlenecks or problem areas more quickly.
2. Average age of tasks
Do you know how long it takes to finish a task or fix a defect on site? You should track the average age of tasks on a regular basis because it will help you monitor the pace of on-site work. If tasks are left incomplete for more than 60 days, this is a sign that the pace of work is slow. Again, tying these incomplete tasks to a particular location or contractor could help offer more insight as to why the pace of work is lagging.
With Bridgit Insights, you can quickly see the pace of work on site. The more tasks in the green portion of the graph, the faster your team is working.
3. Overdue tasks
While the age of tasks measures the pace of work, tracking the number of overdue tasks will give more insight on contractor performance and accountability. To track this metric, just add a due date to each task. When checking the metric, sort your tasks by date to get a quick view of where your project is running behind.
In Bridgit Insights, the Company Task Breakdown report goes one step further by listing every company involved in the project and providing the number overdue tasks assigned to each one (along with open, completed, and closed tasks). By keeping an accurate record of due dates and tasks, it’s easier to monitor performance and hold contractors accountable for their work.
Start tracking today
If you’re ready to gain more transparency and make better decisions, book a demo of Bridgit’s construction management software. Our software is used to manage and track your project throughout the construction process.