article thumbnail

Construction quality management: Everything you need to know

Lets Build

What is construction quality management? Construction quality management is broadly similar to project management. That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation.

article thumbnail

Why Projects Fail

Job Order Contracting

Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

The Balance Sheet is the summary report which shows all of the assets minus the liabilities which equals the "Book Value" or owner''s equity. Owner’s equity is in theory what would be left over if you liquidated the company, sold the assets and paid all of the debts or liabilities. Visit [link] to learn more.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Home » Blogs.

article thumbnail

3 ways to avoid defects in construction

Lets Build

Workmanship defects are what usually come to mind when you think about defects in construction—they occur when someone fails to follow the project’s documents when building components or structures. Either way, allocating liability and fixing the defect is typically a complex process. 3 causes of defects in construction.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Last week, I discussed three important areas of project management and ended by briefly discussing project communication – or the glue to a project. document management.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

« Better Project Management through Better Communication. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. Committing Intentional Project Communications. Public Exposure and Liability on Construction Sites. document management.