The Hidden Cost of Poor Information Management
In construction, engineering, and infrastructure, poor information management is more than an inconvenience — it’s a major drain on profits.
A 2020 study by Autodesk and FMI found that faulty or incomplete data accounted for 14% of avoidable rework, totaling US $88 billion globally.
Across the industry, fragmented data, versioning errors, inconsistent formats, and missing records were estimated to cost over US $1.8 trillion globally in the same year.
In practical terms, poor data management leads to:
- Project delays and missed deadlines
- Wasted effort reconciling conflicting documents
- Costly field rework
- Poor decision-making
- Contractual disputes
These hidden costs quietly erode margins and client trust, often going unnoticed in standard accounting reports.
Why ISO 19650 Matters
ISO 19650 is the global standard for information management in the built environment.
It provides a structured framework for how information is created, shared, stored, and managed throughout an asset’s lifecycle.
By defining:
- Roles and responsibilities
- Naming conventions and metadata
- A common data environment (CDE)
ISO 19650 ensures that the right information reaches the right people at the right time.
Beyond compliance, it reduces ambiguity and risk, enabling teams — from designers to operators — to work with shared, trustworthy data.
How ISO 19650 Provides Strategic Advantage in Information Management
ISO 19650 isn’t just about compliance. Its real value lies in strategic differentiation.
Key benefits include:
- Efficiency & cost reduction: Teams spend less time wrestling with data and more time delivering value.
- Risk mitigation: Miscommunication, omissions, and version conflicts are minimized through clarity and traceability.
- Better decision-making: Accurate, timely data empowers smarter leadership decisions on design, change orders, and delivery.
- Competitive positioning: Clients increasingly prefer suppliers who follow recognized information standards.
- Future readiness & scalability: Firms aligned with ISO 19650 can adopt BIM, IoT, and digital twin technologies faster.
- Lifecycle value: Handover data is reliable and usable, reducing downstream operational costs and risks.
Conclusion: How We Can Help
At DGTRA, we help firms adopt ISO 19650 practically and strategically.
Our services include:
- Gap assessments and roadmap design
- CDE setup and governance support
- Training and audit compliance
- Continuous improvement coaching
We don’t just aim for certification — we aim for measurable business outcomes:
- Reduced rework
- Clearer collaboration
- Faster project delivery
- Stronger client confidence
If you’re ready to transform information management from a hidden cost into a strategic asset, DGTRA can partner with you every step of the way.
It provides a structured framework for creating, sharing, and managing project information, reducing errors and inefficiencies.
Fragmented or inconsistent data leads to delays, rework, increased costs, and weakened client trust.
DGTRA supports CDE setup, governance, gap assessments, and training to align teams with global information standards.
It enhances decision-making, reduces risks, improves efficiency, and positions firms competitively in the market.
By focusing on practical implementation, DGTRA helps firms minimize rework, improve collaboration, and accelerate project delivery.
