Project Flux Revolutionising Cost Management: AI, Digital Twins & the Future of QS
In this episode of the Project Flux podcast, James and Yoshi speaks with Dr. Bola Abisogun and Patrick King about the transformative impact of AI and digital twins on the construction industry.
They discuss the challenges of innovation, the role of quantity surveyors, and the importance of real-time data in project management. The conversation highlights the need for a shift in attitudes towards technology and the necessity of intergenerational collaboration to bridge the skills gap in the industry.
Takeaways
- The construction industry has been slow to adopt innovation, leading to a need for disruption.
- Digital twins can significantly improve project management and safety.
- AIQS aims to centralise data for better decision-making in construction projects.
- Real-time data is crucial for effective risk management and cost control.
- The role of quantity surveyors is evolving towards becoming cost managers rather than just estimators.
- Intergenerational collaboration can enhance skills development in the industry.
- The skills gap in construction is widening, necessitating urgent action.
- Attitudes towards innovation must change for the industry to progress.
- AI can enhance accuracy and speed in project management.
- The future of quantity surveying will rely on embracing technology and data-driven decision-making.
Chapters
00:00 Introduction to Project Flux Podcast and Guests
02:22 Dr. Bola Abisogun: Journey to Disruption
06:10 The Birth of AIQS and Its Purpose
10:46 Understanding AIQS: A New Era in Cost Management
16:19 Digital Twins and Their Impact on Construction
22:05 The Future of QS: Embracing Change and Innovation
23:30 The Slow Pace of Digital Transformation
24:08 Lessons from Past Digital Transformations
26:21 The Skills Gap in the Industry
27:41 Intergenerational Learning and Collaboration
29:08 Embracing AI in Cost Management
30:15 The Future of Quantity Surveying
34:29 The Evolving Role of QS in Construction
36:54 AI's Impact on Traditional QS Roles
39:36 Changing Attitudes Towards Innovation
41:14 A Vision for the Future of Construction
42:29 Introduction and Sponsorship Highlights
42:51 Engagement and Community Building
43:05 Introduction to Project Flux and PMG Partnership
Links and Stuff
Bola's Linked in
Digital Twins Skills Academy
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