Comments on: LePatner’s Book Hit’s the Nail on the Head http://blog.geedra.com/2007/11/15/lepatners-book-hits-the-nail-on-the-head/ Discussion and Opinion on the Re-Invention of Construction Fri, 05 Mar 2010 16:32:28 +0000 http://wordpress.com/ hourly 1 By: Asymmetric Information and Renovating your Kitchen « Changing Construction http://blog.geedra.com/2007/11/15/lepatners-book-hits-the-nail-on-the-head/#comment-30 Asymmetric Information and Renovating your Kitchen « Changing Construction Tue, 19 Feb 2008 19:18:28 +0000 http://changingconstruction.wordpress.com/2007/11/15/lepatners-book-hits-the-nail-on-the-head/#comment-30 [...] In Barry LePatner’s book Broken Buildings, Busted Budgets (originally discussed here) he sites asymmetric information as one of the key contributors to the problems of the construction [...] [...] In Barry LePatner’s book Broken Buildings, Busted Budgets (originally discussed here) he sites asymmetric information as one of the key contributors to the problems of the construction [...]

]]> By: Mark http://blog.geedra.com/2007/11/15/lepatners-book-hits-the-nail-on-the-head/#comment-16 Mark Tue, 15 Jan 2008 19:09:23 +0000 http://changingconstruction.wordpress.com/2007/11/15/lepatners-book-hits-the-nail-on-the-head/#comment-16 LePatner makes a good case for fundamental change in an industry that each year gets less efficient and workers are less productive. I have been involved in several high-rise luxury condominium projects - I estimate the waste at 30-50%. We employed a few consultants who approached the jobs to "cut construction costs." That IS the problem. It isn't a matter of cutting costs, it's about reinventing the whole construction process. There is a deal simmering in Dallas where a notable architect and a large GC claim to be able to cut the build schedule in half - 14 months, instead of 28 for a 35 story building. They weren't looking to cut costs, they were looking to speed the delivery. It looks promising. They also believe the costs will be 20-30% less. I've only had one conversation with them at an AutoDesk Revit Users meeting and they presented it as a design-build system and a whole new way to complete buildings. They were also working on patents for there innovations. I'll keep an eye on them. LePatner makes a good case for fundamental change in an industry that each year gets less efficient and workers are less productive.

I have been involved in several high-rise luxury condominium projects – I estimate the waste at 30-50%. We employed a few consultants who approached the jobs to “cut construction costs.” That IS the problem. It isn’t a matter of cutting costs, it’s about reinventing the whole construction process.

There is a deal simmering in Dallas where a notable architect and a large GC claim to be able to cut the build schedule in half – 14 months, instead of 28 for a 35 story building. They weren’t looking to cut costs, they were looking to speed the delivery. It looks promising. They also believe the costs will be 20-30% less. I’ve only had one conversation with them at an AutoDesk Revit Users meeting and they presented it as a design-build system and a whole new way to complete buildings. They were also working on patents for there innovations. I’ll keep an eye on them.

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