Construction workloads are on the rise, according to the latest RICS UK Construction and Infrastructure Market Survey.
27% of respondents, up from 18% in the last quarter, reported an increase in total workloads, despite concerns that Brexit could slow down activity.
The report also highlights the shortage of skilled labour and its impact on industry growth, with 67% citing this as a concern. 59% feel that improved education pathways and training are needed to alleviate the skills shortage and kick-start the sector, although 61% of respondents pointed to planning and regulation as an ongoing impediment to growth, up from 53% in the last quarter.
Other notable insights from the report include a significant increase in rail, road and energy categories expected in the next 12 months, with a rise in tender prices also expected in both building and civil engineering sectors. Concerns have been raised that such an increase may signal rising costs and shrinking profit margins for firms.
While there are positive workload trends in the RICS report, other issues such as labour quality and struggles with planning and regulation remain visible in the sector, making it more important than ever for companies to ensure they have agile software in place that can help them manage their growing workloads in a streamlined, easy-to-manage way.
Estimating software can ensure accurate and consistent tendering and effective budget cost plans, making the full project lifecycle easier for construction firms, supporting them as their workloads increase and helping them deal with industry challenges, such as rising costs.