Construction 4.0, otherwise known as the fourth industrial revolution or Industry 4.0 refers to using digital advancements to innovate and advance the construction industry. While Construction 4.0 is still developing, digital practices like laser scanning, artificial intelligence, building information modelling (BIM), and cloud computing significantly impact how the built environment is designed, executed and maintained. Construction 4.0 will bring many benefits such as time and cost savings, closing the skills gap, improved safety, sustainability, diversity and improving productivity. But as with all innovations new risks will also arise.

What is Construction 4.0? This workshop will explain the benefits, potential implications and what risk managers should be doing to prepare.