Project success can be measured by delivering the required product on time, on budget and at client’s expectation. For many construction projects in today’s competitive marketplace, completing on time and on budget is challenging. Scope creep is a term used in the construction industry to define the inevitable tendency of projects to expand beyond their original intent and is often described as a cause for construction projects experiencing cost and schedule overruns.

The relationship between persons involved in a construction contract is generally based upon a formal contract. Owners, architects and contractors commonly use the standard contract document forms created by the American Institute of Architects (AIA) and the Engineers Joint Contract Documents Committee (EJCDC). Negotiation of the construction related contract is the first important step a party should take to limit its liability.

Construction project managers, contractors and subcontractors need to understand some of the issues involved in small and large construction projects from risk-management points-of-view. Any business that works on construction projects must address these issues to mitigate risk. Download this white paper to gain a better understanding of construction insurance.

Download this white paper and learn the trends that are drivingthe way buildings are designed and changing the way construction management professionals pitch these projects. This white paper also explains how current design trends in commercial buildings are having a profound effect on the bidding and building process. For example, green technology that costs more also saves companies money by reducing long-term operating costs.

Most of the time, a contractor’s work runs smoothly, but bad construction plans and specifications can cause several problems that may not be recoverable. In many cases, disputes over bad plans are taken to court, and the legal system is full of precedents relating to such issues. Contractors who do not bring obvious errors to the attention of their clients may find that they must pay the additional costs of completing these projects out of their own pockets.

Improve productivity and profitability with construction accounting software

The Contractor's Legal Counsel can bring significant value added to the Contractor's bidding process. By helping the Contractor do their due diligence, the quality of bids can be improved and risk (which requires a risk premium) can be reduced. With the significant overhead costs of developing bids, improving the chances of a profitable outcome represents real value added.

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Find out how successful AEC companies manage information, resources, and risk.

The ability to stay connected to stakeholders while on a job site can shave hours from your work schedule.

Find out how real time as-builts can drastically improve your project success by reducing errors and rework and ensuring your teams are always working off of the current set.

Find out the origins of the crisis, what national and local organizations are doing for the future of the industry, and what you can do to find talented workers now.

Helps you build a framework for evaluating technology solutions with essential questions to keep in mind to pick the best solution for your business objectives.

There is no substitute for planning. How well things are planned will determine the overall success of the project.

Significant efficiency gains have been realized as project management and related administrative tasks move to computerized platforms, facilitating a more immediate and frictionless transfer of information.

Keep yourself safe on the construction site with this introduction to construction project safety.

Simplify your construction project management software evaluation process with this free download!

Construction Recruiting Best Practices