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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337
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Inside the Advantages of Construction Management Software

Construction Business Owner

Inside the Advantages of Construction Management Software. Construction management (CM) software allows for constant communication, documentation and collaboration, ensuring the project stays on track and on budget. Sat, 12/31/2022 - 07:39. Contractors can’t afford slowdowns or inefficiencies during a project.

Software 296
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Construction in the Digital Age: Embracing Innovative Tools for Successful Business

Construction Marketing

The construction industry is undergoing a remarkable transformation as it embraces the digital age. Due to the quick adoption of new tools and technologies, keeping competitive and being successful in the current environment of the construction industry are now closely related to implementing technological innovations.

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A Transformative Approach to Construction Project Management

Job Order Contracting

A Transformative Approach to Construction Project Management that enables the consistent delivery of quality outcomes on time and on budget has been available for decades. First… forget all the misinformation about both BIM and LEAN construction. Reach out if you are ready for a change. contact-form].

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12 Step Program for Creating Credible Construction Estimates

Job Order Contracting

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Required level of detail, and overall scope. #2 Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

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Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management!

Job Order Contracting

Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management! Owners & Developers – Planners – Designers – Procurement Professionals – Builders Collaborate with internal and external teams to detail Scope of Work and validate local market construction costs.

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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.