Construction Innovation: Balancing Tradition and Modern Solutions – A Practical Framework For Your Next Project
Payam is a Project Management Professional (PMP) with two decades of experience in real estate development and construction projects. His expertise comes from his exposure to multiple aspects of the industry, such as Engineering, Management Consulting, Construction Management, Development Management, and Private Equity Investments.
In this episode of the Real Estate Development Insights podcast, Payam Noursalehi discusses the importance of construction innovation & adapting to changes in the construction and real estate development industry. With no guests, Payam shares his personal experiences and insights from working on various projects over the years. The episode focuses on the need for new, sustainable, and efficient building methods and presents a practical framework for evaluating new systems.
Topics covered include challenges in the industry, such as labour shortages and rising costs, the importance of proven track records for new products, project definition, team experience, procurement issues, and long-term building operation considerations. Payam emphasizes careful, informed decision-making to ensure innovation brings real benefits without unintended risks. A downloadable PDF checklist is available to help guide future project planning.
- Why is it essential to adapt to industry changes?
- What are the main challenges the construction industry needs to respond to?
- How can innovative building systems be part of the solution?
- How do we evaluate new systems in the construction industry?
- The importance of knowing which systems you want to use at the project definition and planning stages
- Understanding the true costs of using any building system ( upfront & overall).
- Importance of Team Experience
- Flexibility and Limitations of New Systems
- Managing Change in Construction Projects
- Approval Processes and Risk Management
- Procurement and Installation Considerations
- Quality Assurance and Control
- Post-Construction and Long-Term Operation
For more episodes like this, please listen to Mid-Rise Buildings: The Mattamy Way with Dave Dekort
