article thumbnail

30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. And while project data is ideal for decisions in the present, relevant industry statistics can light a path in the dark for future decisions. See statistics by topic: General Outlook.

article thumbnail

12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

professionals

Sign Up for our Newsletter

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

article thumbnail

Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.

article thumbnail

MasterFormat Construction Cost Estimating

Job Order Contracting

Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc. MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes.

article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Key FY 2017 Statistics. According to the Government Accountability Office, the GSA owns and leases over 376.9 America’s Federal Buildings and Physical Infrastructure. Total buildings: 127,416 Total square footage of buildings: 1.2 billion square feet Total structures: 191,883 Total land acreage: 9.3 million acres $16.5

Leases 100
article thumbnail

The Domino Effect of Idle Time in Construction

Pro Builder

Research shows that timely adjustments in technological and operational strategies on construction projects can considerably shift the stark statistics that have plagued the industry for decades with cost overruns, high emissions, and disappointing project delays. Poor site coordination accounts for 70% of delays and cost overruns.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Industry Statistics. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. Know the Contract and Budget. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. Industry News.