Construction Business Owner

OCTOBER 31, 2013

Earlier in 2013, forecasters were anticipating a severe weather season with conditions favorable for breeding strong storms, but to the surprise of many weather experts, it has been a relatively quiet summer across the country, with few significant weather events. Looking Back at 2013.'

Risk 159

Risk Management Forecasting 159

Pro Builder

JUNE 7, 2021

More Than 31 Million Homes are at Risk This Hurricane Season. homes at risk, according to Realtor.com. Real estate data firm CoreLogic says 31 million single-family homes and 1 million residential units are at moderate to significant risk this hurricane season, which runs from June to November. cbroderick. Read More. .

Risk 52

Risk Pennsylvania Maine Metro 52

Autodesk Construction Cloud

SEPTEMBER 20, 2022

The information teams need to visualize the potential risk of schedule delays, and cost overruns – like productivity and budget data – isn’t always avai la ble at their fingertips. As a result, teams can’t truly understand performance putting them at potential risk when in actuality, an issue could have been mitigated. .

Forecasting 98

Forecasting Visualization Autodesk DOT 98

Autodesk Construction Cloud

NOVEMBER 17, 2022

With the possibility of materials pricing rising, especially in today’s market, this presents risk due to currency exchange rate fluctuations. . Managing the procurement process and properly tracking costs with international suppliers is critical to help mitigate risk. This process isn’t always easy. See Multi-Currency in action! .

Autodesk 98

Autodesk Management Change Orders Forecasting 98

Job Order Contracting

JULY 14, 2021

Forecasting cost of future projects. Compliance and Risk Mitigation. Locally researched detailed unit price books , when used by an experienced construction cost estimator, are the only tool available to create reliable construction cost estimates for owners and their design/builders. Actionable cost data is critical for successful ….

Construction 264

Construction Estimating Comparison Forecasting 264

Pro Builder

AUGUST 30, 2022

in 2023, according to Fannie Mae's most recent housing forecast, but that doesn't mean buyers will benefit from holding off on home purchases. in 2023, according to a new housing forecast published by Fannie Mae, but that doesn’t mean prospective homebuyers should delay purchases for potentially lower financing costs down the line. .

Forecasting 98

Forecasting Finance Housing Risk 98

ENR Construction

DECEMBER 9, 2021

AECOM is developing a live hydraulic model for a smart canal in Glasgow that will proactively manage flood risk and water quality using rainfall forecast data.

Forecasting 63

Forecasting Modeling Risk Management 63

Safety Services Company

JANUARY 17, 2024

Keep Track of the Forecast and Warm-up Equipment and Tools Keeping track of forecasts through the local weather channel ensures workers aren’t working in unfit conditions, such as hail storms or blizzards. You can consider cutting down your construction team work hours if the area is prone to extreme winter storms.

Certification 77

Certification Forecasting Safety Construction 77

Autodesk Construction Cloud

SEPTEMBER 29, 2022

In addition, AWS AI and Machine Learning services such as Amazon Rekognition and Amazon Forecast can be implemented on the data stored in Amazon S3 and Redshift to better analyze and forecast construction performance. This allows you to automatically flag safety issues or areas of non-compliance, thus reducing project risk.

Autodesk 98

Autodesk Forecasting Construction BIM 98

Job Order Contracting

MARCH 6, 2021

I’d like to learn more… ACCURATELY Forecast Risk Centralizing Program Management, Contract Management, Proposal/Bid Management, Project Management, Work Order Management, Document Management, Team Management… provides an accurate view of overall performance, financial health and real-time insight into cost-related risks.

Life Cycle 130

Life Cycle Construction Renovating Procurement 130

Construction Enquirer

MAY 17, 2023

Group turnover of £132m (2021:£137.5m) fell short of initial forecasts for the year with delays to project start dates due to cost inflation pressures and programme movements. The firm said it has already completed certain remedial works due to the Government’s fire safety compliance changes amounting to £6.8m, with a further £8.1m

Safety 92

Safety Profitability Housing Forecasting 92

Pro Builder

MARCH 31, 2021

Builders should work more closely with suppliers; discuss your order files more frequently, and work to develop your capacity to forecast further out than you may have done in the past. To get through this time, evaluate your current purchasing strategy and adapt to the changes in the risk variant that prevails today.

Inventory 124

Inventory Forecasting Risk Environment 124

Pro Builder

JUNE 15, 2020

Economists polled by Dow Jones forecasted a decline of over 8 million jobs, but in May, the economy actually added 2.5 Economists polled by Dow Jones had forecasted a decline exceeding 8 million jobs. Construction Adds Jobs in May Amid Unexpectedly Strong Recovery . Mon, 06/15/2020 - 10:14. million, according to Construction Dive.

Forecasting 98

Forecasting ABC Construction News 98

Pro Builder

DECEMBER 7, 2022

The latest forecast anticipates a stagnant 0.0% The CoreLogic Market Risk Indicator (MRI), a monthly update of the overall health of housing markets across the country, predicts that Bellingham, WA is at a very high risk (70%-plus probability) of a decline in home prices over the next 12 months. Annual U.S. Market Data + Trends.

Risk 52

Risk Inventory Forecasting Housing 52

Pro Builder

JULY 9, 2020

The May Home Price Index and HPI Forecast conducted by CoreLogic predicts a year-over-year home price decrease of 6.6% If the data’s forecast of dropping prices occurs, it would be the most dramatic decrease since September 2009. The markets most at risk include cities in Arizona, Florida, and Alabama. . by May 2021.

Forecasting 52

Forecasting Alabama Arizona Florida 52

Autodesk Construction Cloud

JUNE 8, 2023

Because preconstruction offers the biggest opportunity to de-risk a project. This, in turn, leads to improved accuracy in project estimates , proactive risk management, and more effective resource allocation. Doing so won’t just make your life easier; it’ll also help you protect your profit margins.

Profitability 98

Profitability Bidding Estimating Risk 98

Pro Builder

AUGUST 13, 2021

These are slightly adjusted estimates from previous Zillow forecasts due to the uncertainty of the delta variant spread and potential impact of expiring forbearance programs. Continued high inflation also factors into the home value appreciation outlook, presenting both upside and downside risks. by October, reach an increase of 8.2%

Forecasting 98

Forecasting Estimating Risk Housing 98

Construction Dive

JUNE 13, 2018

is leading a team of analysts to write machine-learning tools that scan photos for safety risks and forecast project timelines based on historical data. An executive dedicated to data science at Suffolk Construction Co.

Accidents 55

Accidents Forecasting Products Risk 55

cnstrctr

JULY 1, 2019

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Forecast – the forecast needs to at a bare minimum identify what your budget numbers are, costs or committed costs to date and anything left over or any over run. Risk – this is one of our favourite parts.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

Lets Build

FEBRUARY 3, 2017

A weather alert system, is a system that triggers warning alerts in case that weather forecasting exceeds a certain threshold. In a nutshell, weather alert systems can reduce risk of delays and budget overruns, by allowing to reschedule or adjusting tasks to a different time. CHECK OUT ALSO: STAY AHEAD OF RISK IN CONSTRUCTION.

Forecasting 114

Forecasting Construction Deals Project Management 114

ProcurementExpress.com

NOVEMBER 30, 2016

Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Why do these financial risks take place. How to reduce your projects risk. An inexperienced project team. Improper planning.

Risk 52

Risk Construction Plans Structural Engineering 52

Pro Builder

JUNE 7, 2022

Most experts dispute claims of a housing bubble due to strong demographics in the housing market, low credit risk, and scarce inventory keeping buyer demand high. The majority of panelists believe that the worst inflation could already be behind us, while 45% are anticipating a recession in 2023.

Housing 52

Housing Inventory Forecasting Risk 52

Pro Builder

DECEMBER 3, 2021

If high inflation persists months into 2022, the housing market and overall economy could face long-term risks substantiated by the ongoing financial impacts of COVID and its variants, including the new omicron strain. . While most economists, and the NAHB forecast, expect inflation to ease, the key question is how quickly.

NAHB 59

NAHB Forecasting Risk Permits 59

Autodesk Construction Cloud

JANUARY 16, 2023

This leads to continuous improvement over time; project execution becomes more streamlined, risks are kept to a minimum, and teams can move forward with confidence. the weather, time of year, manpower, risk observations, etc.— you can forecast the safety levels of a project and make decisions accordingly.

Construction 97

Construction Forecasting Safety Management 97

Construction Marketing

SEPTEMBER 24, 2015

First of all, it’s a document you’ll find yourself constantly referring to as it contains key statistics, such as forecasted sales and company turnover. Your business plan should also identify potential risks that could result in cash flow problems. Legal Documents. This article outlines what’s required.

Documentation 120

Documentation Insurance Legal Liability 120

DebunkTheBIM

DECEMBER 6, 2011

“Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week. “Insurance is all about actuarial forecasting.” For me, the high level of transparency BIM can bring to construction projects makes it an ideal risk-management and forecasting tool.

Insurance 48

Insurance Risk Management BIM 48

Construction Marketing

FEBRUARY 14, 2022

ERP software can inform you of possible inventory needs through smart forecasting. The constant supervision of inventory also means changes don’t go unnoticed, thereby minimizing the risk of shortages. Finally, using enterprise resource planning (ERP) and manufacturing resource planning (MRP) software will tie everything together.

Inventory 271

Inventory Management Site Construction 271

Construction Enquirer

JULY 19, 2023

In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. ”

Debt 47

Debt Cash Flow Profitability Forecasting 47

Viewpoint Construction Technology

FEBRUARY 12, 2019

Forecasting and Cash Flow Reports. revenue, risk and cash flow forecasting) and enable you to assess historical project performance. These basic reports are critical to business profit and loss, and if your system can’t seamlessly pull them all in a flash it’s time to take a look at what else is out there.

Cash Flow 130

Cash Flow Software Software Accounting 130

ENR Construction

OCTOBER 31, 2019

Danish giant Orsted cuts power production forecast, noting new wind impediment analysis; sector experts eye larger-capacity turbines.

Forecasting 28

Forecasting Risk Products 28

ProcurementExpress.com

NOVEMBER 30, 2016

Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Why do these financial risks take place. How to reduce your projects risk. An inexperienced project team. Improper planning.

Risk 40

Risk Construction Plans Structural Engineering 40

Viewpoint Construction Technology

OCTOBER 23, 2018

Reducing Risk and Increasing Safety. But going a step further and analyzing data that can help you identify high-risk tasks and dangerous conditions can help prevent future incidents and reduce risk for your business. All contractors should track data related to safety issues. Bidding Smarter and Winning More Work.

Construction 241

Construction Software Software Cash Flow 241

ENR Construction

JULY 22, 2012

Contractors Should Beware of Recovery Risks. Description: Contractors face recovery risk when they take on too much work after they’ve depleted their staff, cash and other resources. Industry forecasts. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. It is FREE of charge.

Risk 42

Risk Engineering Contractors FAQ 42

Construction Specifier

FEBRUARY 10, 2023

Photo courtesy ROCKWOOL North America Photo courtesy By Rick Roos Wildfires continue to make headlines and the long-term prognosis is concerning, as experts forecast more of the same in coming years. Communities adjacent to and surrounded by wildland are at varying degrees of risk from wildfires.

Zoning 52

Zoning California Nevada Housing 52

Lets Build

JANUARY 20, 2023

Skipping these logs increases your risk of a small issue becoming a massive one because no one documented it. Without proper documentation and construction daily logs, the risk of misunderstandings that lead to delays rises, and communication becomes strained.

Site 148

Site Construction Documentation Products 148

Autodesk Construction Cloud

AUGUST 1, 2023

The industry is at a tipping point, and organisations without an innovation strategy run the risk of being left behind. But, long-term forecasting, particularly in embracing the power of automative and AI technology, can show exciting cost reduction possibilities. Risk mitigation. Faster turnaround.

Innovation 40

Innovation Industrial Risk Construction 40

Job Order Contracting

MARCH 22, 2018

Manage estimates, budgets and forecasts. Effectively and transparently track and manage budgets, forecast performance and progress, and create a collaborative procurement and cost/project management process. OpentJOC(TM) LEAN Job Order Contracting for Efficient Facilities Repair, Renovation, and Minor New Construction.

Contract 100

Contract Estimating BIM Forecasting 100