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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project. What is Construction Risk Management?

Risk 59
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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Management Contracts. Construction Management contracts were introduced in the 1980s as a new way to manage construction contracts.

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Commercial Construction Operations: Pulling Back the Curtain on Behind-the-Scenes Roles

HardHatChat

For many companies, bringing a CFO on board is a major turning point that takes them from a small mom and pop shop to a large-scale firm with the capacity to manage complex construction projects. On the other hand, a pre-construction services team takes a more conceptual approach to budgeting and often gets involved on a design-assist basis.

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Leaseback: Get a New Building While Keeping Capital in Your Business

Wolgast Corporation

By definition, leaseback is a construction delivery method whereby a developer builds, finances, and leases a facility back to a business owner, allowing him or her to keep capital in the business. By working with the architect, developer and general contractor, a lessee can choose the interior look and feel that's within their budget.

Leases 62
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. Accounting & Finance. People Management. Equipment Management. Know the Contract and Budget. Also make sure your project managers understand the contract language fully. STRATEGY |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. Accounting & Finance. People Management. Equipment Management. 3 New Year’s Resolutions for Construction Operations » New Year’s Resolutions for Construction Management. Close the Budget vs. Actual Gap. STRATEGY |. ACCOUNTING |. SOFTWARE |.

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4 tips to optimize hotel construction costs

The Korte Company

Maximize soft cost management. Construction project insurance premiums. Weigh your hotel construction financing options. Whatever the case, securing construction financing will play a big part of the early stages of a project. They include: Construction permit fees payable to the applicable jurisdiction.

Finance 68