Construction Business Owner

JANUARY 18, 2021

How BIM Helps General Contractors Win More Business. Technology is making vast improvements in the way general contractors (GCs) plan and build projects, paving the way for a reimagined future. Technology is making vast improvements in the way general contractors (GCs) plan and build projects, paving the way for a reimagined future.

BIM 308

BIM Contractors Modeling Software 308

Autodesk Construction Cloud

FEBRUARY 5, 2022

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. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

Risk 59

Risk Management Construction Documentation 59

Construction Dive

DECEMBER 3, 2015

Construction Schedules: Intended Purpose vs Perceived RisksThe intended purpose of schedule on a construction project is to help ensure that all activities necessary to complete the work in accordance with contract documents are properly planned, staffed, coordinated and executed in an orderly and expeditious manner. Read more.

Schedule 48

Schedule Risk Construction Contract 48

Job Order Contracting

AUGUST 20, 2023

Secondary data sources , such as contractor and subcontractor quotes are secondary data sources and should not be exclusively relied upon. #2 Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 218

Estimating CSI Life Cycle Construction 218

Pro Builder

MAY 6, 2022

Contractors Turn To Automated Payment Apps for Faster Billing. The days of long delayed payments and financial headaches are a thing of the past for contractors switching to speedy payment apps. When asked what they would change about their payments process, many contractors reported the need for automatic, instant or direct payments.

Contractors 97

Contractors Cash Flow Software Software 97

Construction Marketing

OCTOBER 16, 2023

Sometimes, even the most experienced developers, contractors, owners, and construction managers find it challenging to maintain the highest efficiency standards and stay organized throughout the entire construction process. Your construction plan should include clear goals, schedule, budget, equipment, dependencies, and team members.

Construction 336

Construction Budgeting Budget Materials 336

Construction Business Owner

SEPTEMBER 23, 2019

As a contractor, while your bidding scenario may change, ultimately, you will be faced with the underlying questions, “Where did we get that number?” The simple truth is that if companies do not have the necessary tools and access to critical cost and productivity data, they are at great risk of missing the schedule and coming in over budget.

Bidding 220

Bidding Budgeting Budget Schedule 220

Best Practices Construction Law

AUGUST 17, 2016

Many delay, disruption, and loss of productivity claims are lost or substantially reduced in value because mistakes, errors and carelessness are reflected in the original schedule and plan of operations. Incomplete schedules. Failure to consider uncertainty and risk in establishing durations. Errors in technical logic.

Schedule 48

Schedule Contractors Claims Documentation 48

Fieldwire

FEBRUARY 14, 2022

Here are seven traits of profitable contractors. Specialty contractors thrive on providing expertise in specific areas; however, if that expertise is not in demand, it has little value. One task facing all contractors is marketing – the act of promoting and/or selling services. In-Demand Expertise. Effective Marketing.

Profitability 98

Profitability Contractors Management Contract 98

Autodesk Construction Cloud

MAY 9, 2022

??Risk management has always been an essential element for success in construction, but things have certainly reached a whole new level in recent years. Needless to say, learning to manage risk amidst uncertainty might be more important than ever before. . We discuss: Their opinion on today’s biggest areas of risk.

Risk 80

Risk Management Modeling Environment 80

Construction Marketing

SEPTEMBER 9, 2021

Each project will consist of an intricate network of contractors and subcontractors that must be on the same page in order for important construction goals and milestones to be reached. Poor deployment of resources – when communication is poor, scheduling and staffing becomes inefficient. Communication Breakdowns.

Lien 190

Lien Construction Schedule Risk 190

Construction Dive

SEPTEMBER 25, 2018

If a contractor signs a contract stating it's responsible for all conditions before doing its due diligence on site conditions, a contract expert said, it should anticipate schedule-killing litigation.

Site 133

Site DOT Risk Contract 133

Fieldwire

JANUARY 25, 2022

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. The Importance of Project Risk Planning. Workflow of Risk Planning. treating the risks.

Risk 59

Risk Plans Insurance Construction 59

Construction Law

JULY 7, 2021

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. More than a few contractors we have spoken to over the years have prided themselves for leaving contracts ‘unused’ and ‘in a drawer’.

Risk 52

Risk Contract Management Maine 52

Levelset

FEBRUARY 10, 2022

Before a construction project can begin, there is a lot of planning, number-crunching, designing, and scheduling that needs to occur. An architect, designer, or design-bid contractor will perform planning and engineering services for a prospective project owner, providing them with the information they need to move forward.

Risk 52

Risk Feasibility Bidding Budgeting 52

Construction Marketing

MAY 17, 2023

For instance, a landlord who buys the property being constructed and is using property management software will likely have to schedule contractors a lot of the time if the construction is poor, to begin with. Safety and Risk Management Safety and risk management are paramount in the construction industry.

Innovation 270

Innovation Construction Safety Budgeting 270

Autodesk Construction Cloud

SEPTEMBER 22, 2021

With such long time-tables, it’s difficult to plan for unforeseen schedule disruptions while managing the many moving parts of a project. Arguably the toughest part of a project manager’s job is managing the impact of those schedule disruptions across several teams working on the same project. . Key features of new Schedule Tool .

Autodesk 52

Autodesk Schedule Cash Flow Forecasting 52

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong.

Insurance 97

Insurance Contractors Construction Claims 97

Lets Build

JULY 22, 2022

The principles of lean construction are nothing new, and most construction professionals understand the risks of not using an organised, proven process when taking on a new project. However, many owners and contractors still struggle to implement lean concepts into their projects. Target value delivery for contractors.

Construction 148

Construction Risk Budgeting Budget 148

Lets Build

JANUARY 5, 2022

Some contracts deem force majeure as a relevant event that may grant the contractor ability to file claims on an extended time needed to deliver their obligations under the contract. Crew schedules. Mitigate the risks of unforeseen events with updated and accurate data communication. The importance of preparati?? Deliveries.

Construction 146

Construction Schedule Contract Claims 146

Levelset

SEPTEMBER 16, 2022

The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. As a contractor, you likely have a considerable amount of money sunk into tools of the trade. So, the list of contractors requiring this coverage is quite extensive.

Insurance 52

Insurance Equipment Contractors Risk 52

Construction Dive

OCTOBER 9, 2019

Construction projects face higher costs, greater risks and schedule delays when owners and contractors don't use the same project management platform, which is all too often, according to Dodge and Trimble.

Project Management 115

Project Management Schedule Construction Risk 115

Wolgast Corporation

DECEMBER 23, 2021

Less Risk for the Owner + the Right People Collaborating + Competitive Bids + Adequate Time. On one team, the architect and contractor work together with the owner to define the project, develop the design, and construct the building. Business leaders have to make so many diverse decisions every day.

Risk 62

Risk Construction Bidding Schedule 62

Viewpoint Construction Technology

OCTOBER 25, 2017

With BI, contractors can gain actionable insights and see a clearer path to balancing the business. In Viewpoint’s latest business intelligence white paper , we outline three key areas where insights and analytics can help contractors gain a competitive edge. Scheduling, planning, and collaboration optimization. Risk management.

Risk 217

Risk Schedule Profitability Viewpoint 217

Pro Builder

APRIL 19, 2021

5 Reasons to Use Mechanical Contractor Software. Construction software technology has not only helped general contractors but assisted trade contractors to provide their vital services and bring projects to completion. The same is true for mechanical contractors. Mon, 04/19/2021 - 06:00. 2) Time & Productivity Management.

Software 52

Software Software Contractors Change Orders 52

Construction Cost Estimating

JULY 29, 2013

Some key players within the construction community like architects, engineers, public and private owners, construction managers, contractors , subcontractors, and designers will find the event very useful for them to get acquainted with various “tips and tricks” which can be applied to scheduling their construction projects.

Schedule 69

Schedule Construction Change Orders Estimating 69

Construction Cost Estimating

NOVEMBER 30, 2014

Construction cost estimator should create project scheduling to assign dates to project activities and to match the resources of materials , equipment and labour for organized project procedure. Proper scheduling eliminates problems that can arise due to production limitation.

Schedule 45

Schedule Construction Materials Comparison 45

Lets Build

APRIL 21, 2023

Disputes, delays, cost or schedule overruns ? Keeping a detailed daily construction report is useful for more than tracking project progress and productivity; it decreases your risks of experiencing those fears that keep you up at night. It can also help reduce the risks associated with construction projects. All of the above?

Project Management 146

Project Management Construction Site Management 146

ENR Construction

OCTOBER 3, 2018

to assume more contractual risk and continue the Plant Vogtle nuclear expansion—now estimated at $27 billion—matches the utility’s earlier assessment that contractors can deliver the long-delayed project on the current schedule. Georgia Power’s Sept. 26 gamble to accept demands from Oglethorpe Power Corp.

Georgia 42

Georgia Risk Schedule Estimating 42

Fieldwire

AUGUST 6, 2023

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. The on-schedule delivery of a construction project depends on effective project management. Budget constraints Going over-budget is common in the construction sector.

Project Management 98

Project Management Management Construction Budgeting 98

Job Order Contracting

APRIL 12, 2019

Mitigate Construction Procurement and Project Delivery Variance and Risk. Achieve agreed outcomes on the basis of mutual trust and respect, sharing risk and rewards, financial transparency, and long term mutually beneficial relationships. All participants and stakeholders are motivated to focus on PROJECT FIRST goals.

Procurement 100

Procurement Risk Change Orders Legal 100

Construction Marketing

JANUARY 25, 2023

This includes creating a detailed project schedule, budget, and phasing plan. During the construction phase, the developer works with architects, engineers, and contractors to bring the project to life. Commercial real estate development also involves a significant amount of risk management.

Commercial 225

Commercial Leases Regulation Finance 225

Lets Build

MARCH 10, 2023

Construction companies that don’t leverage the power of data risk falling behind. As a result, stakeholders across a construction company, including contractors, subs, and third-party suppliers, can access information from anywhere—information that would have been out of reach in the past. The second best time is now.

Construction 147

Construction Site Schedule Management 147

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins. Now your project’s schedule and target cost are at risk.

Construction 148

Construction Materials Risk Management 148

Levelset

MARCH 11, 2022

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. And they are – but so are the contractors who will actually build the project. Who’s responsible for low-bid procurement? And guess what?

Bidding 98

Bidding Cash Flow Contractors Procurement 98

Fieldwire

NOVEMBER 28, 2023

Specialty contractors manage multiple projects at a time, and it can be easy to lose track of project information. Learn from specialty contractors around the world how Fieldwire can improve communication and coordination between field and office. Fieldwire not only saves us time, but also reduces the risk of forgetting something.

Documentation 52

Documentation Schedule Office Management 52

Construction Marketing

APRIL 11, 2023

This includes everyone from architects, engineers, contractors, and subcontractors. It streamlines scheduling. Be Willing to Take More Risks Taking risks does not mean ignoring safety. All stakeholders have access to the same files, documents, drawing, and models. It eliminates the need for in-person meetings.

Project Management 328

Project Management Innovation Management Industrial 328