Construction Blog

The Best Project Management Tools for Construction in 2023

Technology has come a long way in the construction industry. Statistics claim that over 94% of general contracts use at least one solution to monitor and manage their project. Data has become the backbone of any project. While past generations managed projects with paper and Excel, the modern generation has moved on to cloud-based applications […]

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Construction Blog

Construction Accounting 101: Principles and Best Practices

Construction accounting is a unique branch of accounting that reflects the specific financial needs of contractors and construction companies. It’s not a parallel universe, but it’s worth knowing some important differences between construction accounting and other types of business accounting. Construction projects are usually larger and more complex than other types of business venture. So, […]

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Construction Blog

3 Proven Ways to Master Construction Time Management

Time is money! Time management is not just about meeting deadlines, but also creating a construction schedule that minimizes costs and wasted time and resources. This statement is especially true in construction, where a single day of delays could mean the loss of tens, if not hundreds of thousands of dollars. Still, delays happen to […]

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Construction Blog

Comprehensive Guide to Construction Budgeting | Must-Have Tools

Construction project management requires careful planning and execution to achieve the desired results. While most short-term projects may not require a detailed construction budget, for anything more complex, precise budget planning is a crucial step that can make or break the project. What’s all the fuss about? Construction budgeting is not as simple as allocating […]

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Construction Blog

Construction Risk Management: 8 Effective Tips To Success

Construction projects usually require detailed logistics, as managing large projects is pretty complicated. From scheduling and budgeting to employee training and contract writing— every stage of the construction project is full of intricate administrative processes.  And even one small mistake in this stage can become an obstacle for the project. But even if every aspect […]

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Construction Blog

7 Major Concerns Women In Construction May Have

When we think about a construction worker, most of the time, we imagine a man. Rarely would we think of a girl partaking in the excavation, laying bricks, or carrying heavy weights. And there’s a reason for it. According to the statistics, the percentage of women in construction is incomparably low, as 89% of construction […]

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Construction Blog

8 Construction Subs Management Tips To Improve their Productivity

If you want your construction company to succeed in big projects and meet the expectations of your clients, knowing how to manage your construction subs is a must. The quality of your project largely depends on them, and if you fail to choose the right construction subs and oversee them properly, the construction rework is […]

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Construction Blog

Key Construction Company Goals Leading to a Successful Growth

The construction industry is huge: it is among the largest sectors in the world economy, and by 2023, the industry is forecasted to reach approximately §10 trillion. This said, it is not easy to start a construction company that will instantly be able to compete with the already established big companies in the industry.  That’s […]

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Construction Blog

Clients in Construction Industry: Effective Ways to Attract and Keep Them

It takes a lot of effort and time to start your construction company. But the most challenging part is to keep it. If you’re new to the industry, finding clients and getting your first construction projects can be tricky as your company doesn’t have enough reputation yet.  But even if your company has been working […]

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Construction Blog

Most Common Construction Management Challenges and Why they Occur

The construction industry is a big and mighty industry with a huge contribution to the world economy. As a major contributor, the construction industry has a significant impact on the US economy as well. In fact, the construction industry has more than 733,000 employers with over 7 million employees and generates approximately $1.4 trillion in […]

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