Remove Change Orders Remove Finance Remove IDEA Remove Management
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Top 5 Challenges for Construction Project Managers

Fieldwire

In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges project managers face on construction projects. Each construction project poses unique challenges — this is why construction project managers have distinct roles and responsibilities to fulfill from project to project.

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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

It''s A Small Change. I Have An Idea. In this case the "Hammer" is a change order. Life gives us a test (working without change order management system) and if we learn the lesson (get change orders signed and paid) we pass the test. No law says there has to be change orders.

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12 Skills Every Successful Construction Project Manager Should Have

Autodesk Construction Cloud

Top Resources for Construction Project Managers. “If If you’re looking for a relaxing profession, choose construction management.” – said no experienced construction project manager ever. If and when things go wrong, you can bet the manager will be the first to hear about it, and frequently, the first to receive the blame.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders.

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Overbudget to Overjoyed: The Magical IDP Charrette

Stok

In an industry that continues to build at a rapid pace, design decisions are often rushed, forcing the team to shift to value engineering later to get finances back on track. This leads to tighter design, engineering, and construction bids due to reduced unknowns and far fewer change orders. What is an IDP Charrette?

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Understanding the Performance and Monitoring Phase of Construction

Levelset

Also, the general contractor or project manager will check on the subs constantly to ensure that they’re doing the work according to the contract, staying on top of deadlines, and maintaining the budget. During this first phase, pre-construction , the project owner will consult with an architect or design firm about an idea or plan.

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Contractors May Benefit by Taking Equity in the Project They are Constructing

Construction and Infrastructure Law

While the construction company’s management was great at operating the construction business, it was not so great when it came to the financing business. So the idea went out of fashion. But maybe it is time to revisit the idea. Samsung C & T and AECOM have successfully invested through an affiliated financing arm.

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