FMI and CMAA Present the Eighth Annual Survey of Owners

Construction Industry Making the “Technological Shift” to Tackle Challenges of Construction Industry

RALEIGH, N.C., December 11, 2007 – FMI, management consultants and investment bankers to the construction industry, and the Construction Management Association of America (CMAA) announce the publication of the FMI/CMAA Eighth Annual Survey of Owners.

The FMI/CMAA Eighth Annual Survey of Owners, based on more than 200 responses from a wide variety of owner types and industries, reveals that collaborative construction work processes are increasing and that Building Information Modeling (BIM) usage is accelerating.

This indicates the construction industry is adopting new business approaches and making the “technological shift” to meet the seven challenges—“the perfect storm”—converging on the construction industry:

*        Aging Infrastructure.
*        Schedule Speed, Complexity and Ability to Design and Construct Globally.
*        Global Competition.
*        Alternative Delivery and Financing Systems.
*        Aging Workforce.
*        Attraction of Gen Y; Retention of Gen X and Baby Boomers.
*        Investment in Purposeful Training.

“One consistent trend we’ve noticed throughout the years is the increased application of collaborative work models to bridge the industry’s historically ‘silo-ed’ work processes,” said Marisé Mikulis, senior consultant with FMI.

The report indicates that design/build as a construction-execution technique is used by at least 17 percent of owners on the majority of their capital construction programs, up from less than 10 percent in 2005. The report also states that reliance on CMs and PMs is increasing versus past owner studies: 79 percent of the time owners hire construction manager, program manager and other resources to support capital program delivery.

This movement to collaborative work models is paralleled by an expanded use of Building Information Modeling (BIM). The report notes that approximately 35 percent of all respondents have used BIM processes and technology for one or more years. Seventy-four percent of respondents who are current BIM users would be likely, or very likely, to recommend use of BIM systems.

According to Mikulis, “The ability of technology to support and speed an organizational shift is well documented in the construction industry and especially other industries, such as manufacturing.”

The FMI/CMAA Eighth Annual Survey of Owners also discusses other key construction industry-specific issues and concerns currently facing owners, such as material costs, the need to attract industry workers from the next generation and LEED/Green Building.

The Survey of Owners, published every year, surveys, analyzes and summarizes trends and concerns of business owners in the building and construction industry. It has become a definitive resource within the industry on construction owners’ perspectives because capital asset owners serve as the bellwether of construction industry trends and movements.

For more information about the FMI/CMAA Eighth Annual Survery of Owners, or to interview Ms. Mikulis, contact Candace Robertson at FMI Corporation at 919-785-9359 or Email Contact.

About FMI

FMI, management consultants and investment bankers to the building and construction industry, delivers innovative solutions to contractors, engineers, architects, environmental firms, manufacturers of construction equipment, construction materials producers and distributors, private owners, government agencies, utility companies, surety companies and trade associations. FMI’s management consulting practice provides a wide array of services including strategy development, leadership and organizational development, marketing and related research and project delivery improvement. FMI’s investment banking practice provides merger and acquisition advisory services, capital placement and financial advisory services. Founded in 1953, FMI is headquartered in Raleigh, N.C., and has offices in Denver, Phoenix and Tampa, Fla. For more information, visit <> .

About CMAA

CMAA is North America's only organization dedicated exclusively to the interests of the professional construction and program management industry. On behalf of its twenty-five regional chapters and more than 4,600 public and private firms and individuals throughout the nation, CMAA promotes the construction management industry and provides professional resources, advocacy, professional development, certification, and business opportunities to its members. CMAA's national headquarters is located in McLean, Virginia and the Association’s Web site is <> .

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