The construction industry has long been challenged by shortages in labor, low profit margins and poor project delivery performance. As a result, many construction companies have invested in Modern Methods of Construction (MMCs) as a way of resolving these challenges. 
Modular construction is one such method and the premise is quite simple, instead of creating an asset such as a house, office block or bridge from the ground up on the jobsite, as many components of the asset as possible are manufactured away from the jobsite and then delivered to it, where the labor force then construct the pre-made panels, walls, bridge segments, etc.
Ironically modular construction is not new a construction method: in the late 1960s-70s, it was a standard in many countries such as Japan and the United Kingdom, popular due to the speed an asset could be constructed and at a lower price than traditional methods. However, due to poor build quality, popularity for this method of construction dwindled and it’s only recently it has resurfaced, but why is this?
Fundamentally, it is due to innovations in the industry; as new materials, information and technologies become more readily available they are being applied to improve the quality of these assets, while still gaining the benefits of lower cost and speedier construction. During the pandemic, it also allows continued operation on of construction companies in a safe, secure and controlled way.
In our short webinar ‘Modular Construction—The Future of Construction’ experts from Accenture, ENCORD and IFS discuss modular construction in more detail and analyze how this construction method will continue to evolve, expanding on the changes needed for its continued usage in the industry.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 537,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
European Network of Construction Companies for Research and Development
ENCORD is a forum for all industry stakeholders whose main business lies in the construction sector. Founded in 1989 ENCORD has become a major network in the construction sector. Our members are leading companies and suppliers with a business focus on Europe. Representatives of the companies are decision-makers and executives working on research, development and innovation. Visit us at www.encord.org.
