Remove Budgeting Remove Legal Remove Liability Remove Regulation
article thumbnail

Construction quality management: Everything you need to know

Lets Build

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. If it’s a new situation, it may be necessary to devise workarounds to issues as diverse as legal risks, worker training, or cash flow concerns.

article thumbnail

Estimating- The New Normal

Chianelli Estimating

Most likely none of the cost factors now required will have been budgeted for on previously awarded contracts and the list is formable; controlled access to sites, material delivery disruptions, temperature checks, two week quarantine, reduced labor force – both in the field and in the office, material shortages. Legal expense.

professionals

Sign Up for our Newsletter

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

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Know the Contract and Budget. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Public Exposure and Liability on Construction Sites. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Close the Budget vs. Actual Gap. Public Exposure and Liability on Construction Sites. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. Tags: budget vs. actual , construction management , field technology. General Management. Software & Technology. Construction Law.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Notice that the horizontal axis represents your operating cost budget, and the vertical axis your capital (i.e., cost of owning) budget. Public Exposure and Liability on Construction Sites. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. General Management.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Moneyball is a film based on the true story of Oakland A’s general manager Billy Beane’s successful attempt to put together a baseball team on a tight budget. Public Exposure and Liability on Construction Sites. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.