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

Commercial Construction

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. It’s well-worth the investment when it boils down to giving us the information we need to create an accurate budget.

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10 Budget Tips for DIYers

Construction Marketing Blog

Let’s now take a look at 10 budget tips for DIYers. The cost estimate is what will authorize a project’s budget needs and also help you in managing the costs. The post 10 Budget Tips for DIYers appeared first on Construction Marketing Association Blog.

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Trending Sources

10 tips for delivering construction projects on time and on budget


The various project parties come together with the ultimate goal of delivering results both on time and on budget. Construction Management construction budget construction project construction project management real-time collaborationConstruction projects are known for their perplexity, as they involve a vast number of tasks and stakeholders. It goes without saying that the more agents involved the tougher it gets for everybody to stay on the.

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Marketing 2013 Outlook, Planning, Budgeting, & Strategies – Webcast Summary

Construction Marketing Blog

The Construction Marketing Association’s Marketing 2013 Outlook, Planning, Budgeting, & Strategies webcast was packed with planning and budgeting information and tips for success in 2013. This also means that marketing budgets/spending are being scrutinized more than ever.

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Construction Marketing Strategies That Won’t Demolish Your Budget

Construction Marketing Blog

Several time-tested strategies won’t strain your budget. The post Construction Marketing Strategies That Won’t Demolish Your Budget appeared first on Construction Marketing Association Blog. If you hope to expand the client base for your construction company, excellent marketing is essential. Fortunately, it doesn’t have to be expensive. Here are seven smart, cost-effective ideas for maximizing your marketing reach. Leverage Search Engine Optimization.

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Construction Budgets, Projections & Software


With November here I know that many companies, including my own, are looking at their 2013 costs and revenue, and determining 2014 forecasts and budgets.

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Construction Budgeting Resource for Arizona

Carol Hagen

Construction company budgets are heavily weighted to the salary and compensation plans of their employees. Whether it’s the chief estimator, accountant or IT director, knowing what the going rates are in your area can help you budget and ultimately attract the best talent to your construction firm. budgeting Construction Industry - Cash Flow Forecasting construction hr Payroll salary

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6 strategies to keep your project on budget


Most of us are all too familiar with budget overruns. We’ve all had those projects that end up over budget, and we’re left wondering why. Keeping projects on budget is extremely important for overall profitability and even employee morale.

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$1.6B LAX expansion team highlights BIM, AR/VR and other tech for staying on budget, schedule

Construction Dive

The design-build team behind a massive Los Angeles International Airport project recently outlined the benefits they've found in sharing models across stakeholders

Federal budget includes disaster mitigation provisions


Congress recently passed the Budget Act of 2018 that includes provisions to encourage states to adopt the latest building codes and invest in natural disaster mitigation The U.S.

3 Ways to Improve Your Home on a Budget

Construction Marketing Blog

DIY stands for Do It Yourself, and can really help you improve your home on a budget. This will help them appear stylish and will make your home beautiful, all on a budget. The post 3 Ways to Improve Your Home on a Budget appeared first on Construction Marketing Association Blog. As they say, home is where the heart is.

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Sharing Your Budget Streamlines the Pre-Construction Phase

Wolgast Corporation

By giving a contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner.

By the numbers: How Trump's proposed 2020 budget affects construction

Construction Dive

The Army Corps of Engineers, U.S. DOT and more would sustain heavy cuts in the president’s move to curb spending, but defense- and emergency-related pools, along with targeted infrastructure grants, would see funding upticks

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LA Metro approves $3.2B Purple Line extension budget

Construction Dive

The cost of the subway's Section 3 has almost doubled since Los Angeles County voters approved a tax to fund the project in 2016

How key performance indicators reduce schedule and budget overruns

Construction Dive

Clear measurements will determine how a project is progressing and allow for cost-saving efficiency improvements along the way

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Marketing Budgets: 5 Easy Building Blocks Nobody Talks About

Help Everybody Everyday

One of the most challenging things you can be tasked to do is define a firm’s marketing budget. What’s the right marketing budget for a small architecture firm in Wayne, PA? What’s the right marketing budget for the largest construction firm in Michigan? But there are a few rarely mentioned building blocks you should consider before finalizing your marketing budget. But first, let’s talk about some of those metrics and how they relate to your marketing budget.

Where Does Your IT Budget Go?

Carol Hagen

According to an MIT Sloan Center for Information Systems Research Study, the average firm spends 71% of their IT budget on running current systems and some blow as much as 80% of their budget keeping the status quo. What if you could reduce this to 50-60% of the IT budget? . budgeting Construction Industry - Software Construction Industry Hardware construction technology

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Pentagon eyes military construction budget for border wall

Construction Dive

If the president declares a national emergency, the Department of Defense could reportedly tap up to $23 billion of unallocated construction funds

Trump's budget seeks additional $8.6B border wall funds, to exceed $16B total

Construction Dive

trillion 2020 budget would add to the $8 billion he is seeking under a national emergency declaration Funds the president is requesting in his $4.75

2019 Budget Numbers in a Nutshell

Construction Equipment

The White House unveiled its budget proposal outline for fiscal 2019 which stayed close to the leaked proposals that have made the media in the last few weeks.

Stay on Time and on Budget With Viewpoint


More work doesn’t necessarily mean more profit. With more jobs comes more paperwork, project management, time spent working through backlogs, and more.

Seattle-area light rail, transportation plan busting $54B budget

Construction Dive

Costs could jump by up to $2 billion as agency Sound Transit considers swapping elevated tracks for tunnels and other enhancements, a report found

3 tips to address the top causes of budget overruns


Budget overruns are, unfortunately, a fact of life for many AEC firms. According to a survey from the Zweig Group, project managers go over budget for a whopping 18% of projects.

How to ensure your construction project doesn’t blow your budget


However, this doesn’t mean that you should take this as an excuse and let your next construction endeavor blow your budget. Guest Posts construction budget construction project project managementProject cost overruns can even happen to the best of the best. Instead, you should make sure to invest in quality project management, devise a sound plan, calculate all the costs and be prepared.

How to ensure your construction project doesn’t blow your budget


However, this doesn’t mean that you should take this as an excuse and let your next construction endeavor blow your budget. Guest Posts construction budget construction project project managementProject cost overruns can even happen to the best of the best. Instead, you should make sure to invest in quality project management, devise a sound plan, calculate all the costs and be prepared.

OSHA Budget Request Eliminates Training Grants

Construction Equipment

OSHA has submitted its budget request for FY2019 and BLR, a consulting and training firm that guides companies through regulatory activities, posted in its blog that OSHA has asked for $549,033,000, which is about the same as what the agency requested for FY2018

Big design, small budget: These are the best small projects for 2019


Now in its 16th year, the AIA Small Project Awards program—established by The Small Project Practitioners (SPP)—recognizes small-project practitioners for the high quality of their work.

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Navigating Federal Budget Cuts

Construction Business Owner

Nuclear decontamination and decommissioning (D&D) projects are complex examples that show how and why contractors to the federal government can suffer disproportionately from budget reductions.

Versatile trim creates modern look without blowing the budget


Located in a transitioning industrial neighborhood, the project called an existing one-story light industrial building to be replaced with 101 for-rent residential and live/work units as well as 1,000 square feet of retail space — if architects could make the budget work

California budget includes $1.2B for new legislative offices

Construction Dive

The Capitol building's 66-year-old annex, which houses the governor's office, has safety and accessibility issues and will be demolished

Report: Staffing, budgeting issues slow contractors' tech adoption

Construction Dive

Four out of 10 general contractor respondents to JBKnowledge’s 2018 ConTech survey said their firm lacks the personnel to move new technologies forward, while others blame a shortage of funding

Trump's 2020 federal budget request omits $13B Hudson River tunnel

Construction Dive

The administration has made it clear to states that the key to federal funding for projects is to first secure local, state and private support

Proposed Budget Cuts $2.4 Billion from DOT

Construction Equipment

The White House has released the first draft of President Trump's America First - A Budget Blueprint to Make America Great Again and in it is a 13-percent cut to the Department of Transportation's funding.

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Flexibility for Finish Substitutions Can Improve Time & Budget on Design/Build Projects

Wolgast Corporation

However, during the budgeting and estimating phase of the project, contractors and subcontractors alike may make suggestions for comparable materials/products.

First Phase of High-speed HS2 in UK Already Pushing Budget Limits

ENR Construction

Construction set to begin this year and $35.5-billion budget is already at risk

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Report: Minnesota prevailing wage law doesn't bloat budgets

Construction Dive

Peer-reviewed studies for almost 20 years have shown that the pay rule does not affect the cost of public construction projects

How much should you budget for marketing? Here’s a formula that will answer the question

Construction Marketing Ideas

Matt Handal has provided a useful article Marketing Budgets: 5 Easy Building Blocks Nobody Talks About suggesting the formula for allocating marketing expenses/budgets.

CA Gov. Jerry Brown backs over-budget bullet train in final address

Construction Dive

The project is $27 billion over budget and behind schedule, but according Brown, cost overruns — and lawsuits — are just part of the process

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Construction Marketing Outlook Survey

Construction Marketing Blog

Discover what budgeting techniques and other most effective marketing tactics are being implemented by your peers. Construction Marketing Construction Marketing Association Marketing Marketing Budgets Marketing Planning Marketing Strategy Marketing Survey Marketing Tips Neil Brown Neil M.

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Budget busters: Report details 24 of the world's most obscenely over-budget construction projects


As if that’s not hefty enough, many famous projects go over budget—and by a whopping margin. Montreal''s Olympic Stadium, for instance, ended up 1,990% over budget. Today’s buildings come with multi-million dollar price tags.