Is modular construction really faster and more practical than traditional building?

Hi everyone,
I’m currently planning a small building project and I’m trying to decide whether to go with traditional construction or a modular approach. I’ve heard that modular buildings can be completed much faster because a lot of the work is done off-site, but I’m wondering how much time you actually save in a real project.
For those who have experience with modular construction, was the process genuinely faster and easier to manage than traditional building? How did you find the quality, installation process, costs, and coordination compared with having different contractors working on-site?