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Data Scientists Reveal 5 Surprising Construction Insights to Manage Risk 

Autodesk Construction Cloud

An example of a data point might be the number of overhead mechanical racks installed on the job that day, or logging the root cause of a safety incident. From here you can apply more context and processes to an increasing number of information sets, which means you can start to connect the dots and identify patterns.

Risk 52
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Can We Make Home Building a Little Less ‘Interesting?’

Pro Builder

Those of us around for the “dot-com revolution” just over 20 years ago will vividly recall the plethora of latest, greatest technology that promised to change the home building universe forever. Almost never is the true total cost of each approach thoroughly measured, including indirects, overheads, and cycle time. Apply technology.

Overhead 105
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Prepare for Management Compensation and Bonus Reviews

PSMJ Resources

This guidance applies to both prime and subconsultants for state Departments of Transportation (DOTs). DOT is increasing their scrutiny of Local Project Administrators (LPAs) and expecting these administrators of federal grant funds to adhere to the same guidance as in the AAAHTO Guide.

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(Still) Waiting for the Home Building Technology Revolution

Pro Builder

Variance is up across the board among all types of product, a clear sign of inefficiency aggravated by the fact that virtually no one measures variance correctly, counting labor and materials but neglecting overhead and schedule delay—two large factors. Once again, technology should help, but as yet, it hasn’t. . The Match Game.

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The Future of the New-Home Design Studio

Pro Builder

By contrast, just a few thousand dollars in uncaptured options revenue across 200 annual home sales equates to more than half a million dollars in additional, currently unreceived revenue and a solid few hundred thousand in bottom-line profit (and likely with little to no additional overhead costs).

Design 98
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OSHA Safety

Safety Services Company

Required permits such as confined space entry, welding – hot work or DOT permits. Material handling schedules, stacking schedules, overhead hoisting and material deliveries. Hazard assessments, have workplace conditions changed presenting new hazards? Routine and periodic scheduled maintenance. Emergency evacuation plans.

OSHA 48
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8 Main Types of Construction Contracts

Autodesk Construction Cloud

You describe what will be delivered when, how much the customer owes, and sign on the dotted line. They also include overhead costs such as insurance, mileage, a portion of your office rent. The GMP includes costs for labor, materials, overhead, and a percentage of those costs to generate a profit. If only it were that simple.