Remove Estimating Remove Legal Remove Profitability Remove White Paper
article thumbnail

Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste.

Risk 177
article thumbnail

Construction Cost Estimating Software vs. Spreadsheets – State of the Nation 2012

Building Information Management

While accurate, timely, and transparent cost estimating is critical to the success of any renovation, repair, sustainability, or new construction project, most construction cost estimators (over 55%) continue to rely primarily upon manual methods, hard copy documents, or electronic spreadsheets such as Microsoft Excel.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OSHA Testing Can Reduce Employer Liability, Saves Companies Money

Construction Law Monitor

He enjoys writing and sharing his insights on various legal blogs. million workers suffer serious injury or illness related to their jobs, according to a white paper published by Occupational Safety and Health Administration of the United States Department of Labor (OSHA).While Objective Measurements.

OSHA 59
article thumbnail

Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

White Papers. rental business grew an estimated 18.6% An idle crew waiting for a replacement machine or repairs can add unexpected costs that skew project profitability. Safety & Health. Banking & Credit Crisis. --> Companies. Project Delivery. Ethics & Corruption. Economic Stimulus. -->. Associations. Interviews.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

Prior to FASA, agencies used large single award (umbrella) ID/IQ contracts to avoid: (1) delays associated with awarding several individual contracts for each requirement and conducting recompetitions, and (2) the legal challenges of using multiple award contracts. percent less than the government’s projected estimated costs.