Construction Business Owner

MARCH 23, 2023

Industry Statistics Show Benefits & Resistance to Lean Construction ccapoccia Thu, 03/23/2023 - 08:35 By now, most contractors have heard of “lean” construction; it has clearly gained a foothold in the practices of many contractors. However, according to a recent study conducted by Dodge Construction Network for the Lean Construction Institute (LCI), most contractors are still only lightly engaged with lean, even though increased engagement leads to meeting budget and schedule and improved safet

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Statistics Industrial Construction Budgeting 334

Construction Dive

MARCH 23, 2023

Panelists highlighted technologies that identify forward-looking hazard indicators on site during the 2023 New York Build Conference.

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New York Safety Conference Site 109

Construction Business Owner

MARCH 23, 2023

4 Ways to Ensure Your Next Green Building Project Makes a Real Difference ccapoccia Thu, 03/23/2023 - 14:20 When it comes to green building, many people think about incorporating energy-efficient features such as effective insulation and glazing, adding eco-friendly lighting or using recycled or repurposed materials. All of those are important, but it’s also important to step back and think about the construction process itself.

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Green Life Cycle Sustainability Materials 411

Construction Dive

MARCH 23, 2023

Angie Hicks, chief customer officer of the home services review site now known as Angi, spoke to Construction Dive about the educational and cultural shifts that construction needs.

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Education Office Site Construction 109

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The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

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Construction Business Owner

MARCH 23, 2023

How Does Ladder Use Cost Your Company? ccapoccia Thu, 03/23/2023 - 11:21 The construction industry is burdened with a massive productivity problem. And ladder use is contributing to it. Ladders can cause wasteful motion, which leads to fatigue and reduces productivity. The less productive contractors are, the more costly it is. According to a McKinsey Global Institute report, lagging construction productivity costs the global economy $1.6 trillion a year.

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Products Contractors Industrial Construction 403

Construction Business Owner

MARCH 23, 2023

5 Myths & Facts About Electric Equipment ccapoccia Thu, 03/23/2023 - 15:06 Whether it’s an excavator, scissor lift, telescopic handler or light tower, all-electric equipment is increasingly available in today’s marketplace. Sustainability has prompted many companies to define their emissions goals for the future. Even so, electric equipment technology is still quite new, bringing with it certain misconceptions and concerns about investing in it.

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Electrical Equipment Risk Sustainability 392

Pro Builder

MARCH 23, 2023

Designers Take a More Holistic Approach to Home Wellness Features ldeakins Thu, 03/23/2023 - 11:45 Along with popular wellness amenities centered around creating a clean, healthy home, designers also report a rising interest in eco-friendly home features The American Society of Interior Designers recently released its 2023 Trends Outlook Report, and while wellness design continues to dominate homeowner preferences, it’s now taking on a more inclusive meaning.

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Design Seattle IDEA Sustainability 95

Construction Business Owner

MARCH 23, 2023

Re-Imagining Project Development & Execution ccapoccia Thu, 03/23/2023 - 14:09 As the world emerges from the COVID-19 crisis, we can clearly see three global trends that will dominate and overwhelm the global capacity to develop and execute capital projects. They are infrastructure, digitalization and decarbonization — the driving forces behind the energy transition.

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Infrastructure 386

Construction Dive

MARCH 23, 2023

The “More MARTA Atlanta” program initially consisted of 17 projects with the first to be completed by 2025. The agency has since reduced the scope and extended the timeline.

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Atlanta 77

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As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

Industrial

Construction Business Owner

MARCH 23, 2023

Pandemic Problems & Possibilities Facing Contractors ccapoccia Thu, 03/23/2023 - 09:33 The COVID-19 pandemic brought about one of the most challenging periods in the history of the construction industry. Lockdowns, supply chain breakdowns and financial struggles wreaked havoc, causing existing projects to be delayed and new projects to be restructured.

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Cash Flow Contractors Plans Management 357

ENR Construction

MARCH 23, 2023

Chicago-based renewable energy developer is partnering with Chinese solar panel manufacturer LONGi for the facility.

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Ohio Chicago Plans 97

Construction Business Owner

MARCH 23, 2023

The Foundations of Operational Excellence (Part 1 of 3) ccapoccia Thu, 03/23/2023 - 09:19 Many engineering and construction (E&C) firms measure success strictly by looking at the bottom line. If net profits are good, companies often think they’re effectively managing their money, processes and talent. In a great economy, profitability can provide firms with a false sense of security.

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Foundation Profitability Security Management 317

ENR Construction

MARCH 23, 2023

The initial congressional hearing on President Joe Biden’s 2024 budget proposal for the Dept. of Transportation showed evidence of continued strong bipartisan support for infrastructure, though the parties differed on the specifics.

Budgeting 67

Budgeting Budget Infrastructure DOT 67

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Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

Procurement

Construction Business Owner

MARCH 23, 2023

5 Top OSHA Violations & Tips for Staying Safe On-Site ccapoccia Thu, 03/23/2023 - 10:53 Construction sites can be dangerous for workers — especially when safety standards aren’t defined or maintained. To help businesses understand and reduce common injury causes, the Occupational Health and Safety Administration (OSHA) releases an annual review of its top 10 most frequently cited safety violations across all industries.

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OSHA Site Injury Safety 317

Construction Specifier

MARCH 23, 2023

Photo courtesy CDP Commercial LLC. By Brendan Van Gool The primary function of a wall system is to act as an environment separator. For the last 50 years, the components and design of cavity wall systems have undergone a significant transformation in North America. Higher energy efficiency, more stringent fire safety requirements, sustainability, durability, and better overall performance are driving design changes, and consequently, a shift in requirements to satisfy codes and standards.

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America Materials Arizona New York 57

Construction Business Owner

MARCH 23, 2023

Identify, Manage & Reduce Jobsite Hazards & Threats ccapoccia Thu, 03/23/2023 - 09:57 All construction projects carry some level of risk that needs to be identified, assessed and managed so construction projects are not negatively impacted. There are four main types of risk in construction: financial, safety, scheduling and legal. Effective risk management helps construction companies grow profits by ensuring projects are completed on time, within budget and without incident.

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Management Risk Legal Profitability 245

Pro Builder

MARCH 23, 2023

As Climate Change Accelerates, These Southwestern Markets Are Safe Havens ldeakins Thu, 03/23/2023 - 11:31 Due to their high elevations, these housing markets are less susceptible to property damage from increasingly aggressive natural disasters A recent study from CoreLogic analyzed the risk of natural disasters over the next 30 years to determine the safest housing markets for Americans looking to avoid extreme weather events.

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Utah United States Colorado Risk 52

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Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

Contractors

Construction Business Owner

MARCH 23, 2023

What Accounting Problems Are You Facing This Year, & How Are You Solving Them?

Accounting 296

Accounting Commercial 296

Pro Builder

MARCH 23, 2023

Home Builder Incentives and Price Reductions Are Finally Paying Off ldeakins Thu, 03/23/2023 - 11:37 Home building company KB Home reported a drop in cancellations at the start of 2023 after a major slowdown in buyer activity during the final quarter of 2022 Amid soaring mortgage rates and a bleak economic outlook in the fourth quarter of 2022, major home builder KB Home reported a cancellation rate of 68%—a more than 50% increase from the publicly traded home builder’s 13% cancellation rate dur

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Housing Environment Construction 52

Construction Business Owner

MARCH 23, 2023

How to Help Injured Workers Return to Form ccapoccia Thu, 03/23/2023 - 11:29 As 2023 unfolds, economic uncertainty and labor shortages continue to take a toll. In addition to filling open positions, construction business owners grapple with another dilemma — injured employees missing work. The construction industry is notably high-risk; according to the Bureau of Labor Statistics, construction has the second-highest occupational fatality rate.

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Statistics Injury Travel Risk 156

Pro Builder

MARCH 23, 2023

Down Payments Are Shrinking, but Not in These Pricey Metros ldeakins Thu, 03/23/2023 - 11:52 The typical down payment is 10% smaller than it was a year ago, but buyers in these costly metros are still dishing out the big bucks for home purchases The typical U.S. homebuyer made a $42,375 down payment in January, the smallest typical down payment recorded in nearly two years, according to HousingWire.

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Metro San Jose San Francisco Sacramento 52

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Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

Contractors

Construction Business Owner

MARCH 23, 2023

6 Training Tips for Working With Rented Equipment ccapoccia Thu, 03/23/2023 - 11:41 L ooking to gain a competitive edge on the jobsite? Renting compact equipment, specifically excavators, compact track loaders and skid-steer loaders, can give you and your equipment operators the opportunity to take on short-term projects and access new revenue sources, as well as use the newest and most advanced equipment, all while reducing operating costs and minimizing downtime.

Equipment 156

Equipment 156

Stok

MARCH 23, 2023

As outlined in the latest IPCC synthesis report, decarbonization is more than just a critical priority in 2023—it’s key to securing a sustainable future, and our actions in the next few years to mitigate and draw down emissions will be pivotal. Thankfully, climate action on the policy and business agenda continues to gain momentum, with several key areas of focus on the immediate horizon.

Regulation 52

Regulation Sustainability Risk Accounting 52

Construction Business Owner

MARCH 23, 2023

January 2023 Construction Industry Stats ccapoccia Thu, 03/23/2023 - 15:16 The Construction Business Owner team compiles statistics each month from several sources, including the American Institute of Architects (AIA) and the United States Census Bureau, to give you a better understanding of the current state of affairs for the construction industry.

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Industrial Statistics United States AIA 156

Stok

MARCH 23, 2023

In this installment of Wit and Wisdom for Well-Being, we bring you: curiosity. If you’ve ever had a conversation with a 3-year-old, you have likely been through the scenario of being asked “why?” over and over (and over) again. While this can be frustrating for some and it’s unlikely that a 3-year-old can truly understand the complexities behind some of the answers to their questions, it doesn’t mean that we can’t learn something from these engaging little toddlers.

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Organization Innovation Design Profitability 52

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Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!

Construction

Construction Business Owner

MARCH 23, 2023

How to Expect, Demand & Achieve Excellence ccapoccia Thu, 03/23/2023 - 09:07 In baseball, achieving excellence means hitting over.300. In golf, it means shooting par. In the construction business, it means winning more than 33% of your bids and making a minimum of 5% to 10% net profit. Are you achieving excellence in your business? To achieve excellence in the construction business, companies need a written business plan that focuses on hitting goals and implementing strategies to continually im

Bidding 156

Bidding Profitability Innovation Plans 156

BD+C

MARCH 23, 2023

A Sustainable, Connected Workflow Improves Data Workflow between Field and Office, Surveyors, and Equipment Operators 1 kcichowicz Thu, 03/23/2023 - 09:36 Rachel Jones, Trimble Customer Profile: Peace River Hydro Partners is a joint venture between ACCIONA Infrastructure Canada Inc. and Samsung C&T Canada Ltd. created to complete the main civil works of the Site C Clean Energy Project in northeast British Columbia.

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Office Equipment Sustainability Sketchup 52

Construction Business Owner

MARCH 23, 2023

The Intersection of Tech & Culture ccapoccia Thu, 03/23/2023 - 09:41 With 2023 well underway, millions of Americans are still pursuing their New Year’s resolutions by hitting the gym, counting calories and otherwise pursuing the promise of transformation. These goal-setters might even include a few construction executives who want to ramp up company performance in 2023.

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Contract Construction 156