Job Order Contracting
MAY 6, 2022
Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. The ultimate benefit provided by integrated construction planning, procurement, and project delivery solution is significantly improved life-cycle total cost of ownership asset management. Journal of.
Construction Business Owner
SEPTEMBER 27, 2013
Project controls, including standardized approaches, processes and reporting, are designed to manage all costs and financial aspects of a project through its life cycle—from initial estimating and budgeting to forecasting, measuring progress, controlling change, reconciling actual expenditures and closing out the project.
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Autodesk Construction Cloud
DECEMBER 12, 2021
Why Construction Teams Should Be Tracking Way More Than Financials. In fact, 43% of construction firms prioritize immediate financial goals over organizational resilience. Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity.
Job Order Contracting
MAY 4, 2023
The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.
Building Information Management
MARCH 19, 2013
BIM is the life-cycle management of the built environment supported by digital technology. Unfortunately, too much emphasis has been placed upon 3-D visualization and other technology components vs. the process of life-cycle management. A CRITICAL REVIEW OF VALUE MANAGEMENT AND WHOLE LIFE COSTING ON CONSTRUCTION PROJECTS.
Construction Marketing
DECEMBER 19, 2019
Running a successful construction firm is by no means an easy task. Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. Who’s Delivering ERP Solutions for Construction?
Job Order Contracting
JANUARY 10, 2021
Is it a a fact that Lean methodology is ignored by the construction sector. While there has been a fair amount written about Lean principles, actual application in the form of an integrated construction planning, procurement, and project delivery methodology has been limited to 5% or less actual work. Lean Construction Reading Primer.
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