How to Strategically Allocate Funds for GAMMA AR in 2025
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2024: A Year of Challenges for the Industry
- Soaring Costs: A significant proportion of projects exceeded budgets, with some cost overruns reaching as high as 80%, fueled by inefficiencies and unforeseen challenges (McKinsey & Company).
- Rework Woes: Errors, miscommunication, and poor data management contributed to 9-12% of total project costs, creating avoidable strain on budgets (National Institute of Standards and Technology).
- Missed Deadlines: Only about 25% of projects were completed on time, and each delay added an average of 7% to project costs (Construction Industry Institute).
The Case for Smarter Workflows
As construction grows more complex, investing in technology is essential.
Allocating budget toward tools that optimize your project workflows will bring immediate and long-term benefits, from reducing costly inefficiencies to boosting collaboration and precision.
Advanced solutions like augmented reality (AR) and project management software simplify processes, enhance communication, and allow teams to execute more accurately.
These tools address common pain points such as delays and rework, delivering measurable ROI by cutting costs and saving time.
Investing in smarter workflows should be considered a strategic move to future-proof your business and stay competitive in a demanding industry.
GAMMA AR, Efficiency Within Reach
GAMMA AR overlays Building Information Modeling (BIM) models directly onto the jobsite, providing clear visual guidance without the need for expensive AR headsets or goggles.
With GAMMA AR, construction teams can:
- Reduce Errors: Align the physical site with 3D BIM models in real-time, ensuring better understanding of the design and foreseeing the construction, leading to avoiding costly mistakes from misinterpreted blueprints.
- Prevent Delays: Identify issues early and resolve them before they escalate.
- Save Money: Cut rework costs, trim excess material usage, and improve labor efficiency.
GAMMA AR integrates easily with existing BIM software and workflows, so there’s no disruption to how teams operate.
Plus, its intuitive interface ensures even less-experienced workers can use it effectively.
How to Fund GAMMA AR
Every construction project includes a contingency fund, typically 5–10% of the total budget, to cover unforeseen expenses.
Instead of seeing this as untouchable, consider it as a strategic reserve.
And by reallocating a portion of the contingency cushion, you can fund GAMMA AR while preserving the majority of your reserve for any emergencies.
Why This Works:
- Proactive Savings: GAMMA AR reduces errors and delays, lowering the risks that contingency funds are specifically designed to address.
- Cost-Effective Investment: For a $1M project, for example, reallocating just 20% of a typical $100,000 contingency fund—$20,000—could unlock GAMMA AR’s capabilities for your team, depending on your company’s specific licensing requirements.
Even this strategic allocation can clear the way for significant efficiency gains and measurable savings.
Contact us for a personalized demo or a specific quote tailored to your company’s needs.
One example of ROI comes from Triad Consulting Solutions (TCS), a leader in pharmaceutical project management.
During the construction of a pharmaceutical facility, TCS used GAMMA AR to reduce rework by over 50%, a critical outcome given the high stakes of such projects.
In pharmaceutical construction, where projects often average $100M in scope, avoiding even a fraction of rework can save millions of dollars.
GAMMA AR’s ability to overlay BIM models directly on-site enabled real-time issue detection, ensuring that piping, outlets, and other critical installations were aligned and compliant before walls and ceilings were closed.
This not only minimized delays but also prevented the ripple effects of costly errors, like tearing down walls or reordering materials.
Given the precision required in pharma construction, TCS saw dramatic savings and enhanced stakeholder collaboration with GAMMA AR.
Imagine what similar results could mean for your projects—especially in industries where the costs of mistakes are magnified.
How to Justify the Allocation
Aligning stakeholders to reallocate contingency funds might seem a bit challenging at first, but the data is on your side:
- Present the Numbers: Highlight how GAMMA AR reduces rework, prevents delays, and improves efficiency, ultimately saving more than it costs.
- Share Real-World Results: Case studies like those from Goldbeck and Triad demonstrate the measurable benefits GAMMA AR delivers.
- Emphasize Risk Mitigation: Explain how investing in GAMMA AR proactively minimizes the risks that often deplete contingency funds.
Built for Construction Professionals
GAMMA AR is designed with the industry’s needs in mind:
- Ease of Use: No steep learning curves; teams can quickly adopt the technology.
- Accessibility: Compatible with existing devices, smartphones and tablets.
- Workflow Integration: Works with leading BIM platforms like Autodesk Construction Cloud, BIM 360, Procore, BIMcollab, Revizto, and BCF, ensuring there’s no disruption to your existing processes while enhancing collaboration and efficiency.
Reap the Rewards Today
GAMMA AR is an investment that pays for itself by improving your bottom line.
With fewer errors, faster timelines, and better collaboration, construction professionals can focus on what they do best: building great projects and outstanding reputations.
Ready to make your budget work smarter?
Reallocate just a fraction of your contingency fund and watch GAMMA AR enhance efficiency, cut costs, and drive success.
Download the free trial from the App Store or Google Play, or reach out to us if you have specific questions or concerns, to see how GAMMA AR fits into your company’s project and workflow needs.