Construction Blog
Great teamwork makes dreams work! A related study shows that smooth collaboration and objective recognition of a workgroup’s achievements increase profits by 29%. The construction industry, like any other, is no exception. Building an effective team structure takes the combined efforts of everyone involved in the venture – from C-level executives to architects, engineers, and […]
Construction Blog
Let’s help you solve the riddle and craft the next project proposal! As a builder, you know that having a residential construction proposal is the key to getting more clients. A well-crafted proposal shows the potential clients the proficiency and willingness to work seriously. It also helps to avoid any misunderstandings during the project completion […]
Construction Blog
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 […]
Construction Blog
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, […]
Construction Blog
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 […]
Construction Blog
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 […]
Construction Blog
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 […]
Construction Blog
Imagine you’re working on a critical project for hours when all of a sudden your computer shuts down, and you lose all of your results. We’ve all been there at least once and know exactly how it feels. Now imagine that the work you were doing required an entire team, took you all a couple […]
Construction Blog
Table of Contents Construction Management Evolution/History Types of Construction Projects2.1. Residential Building2.2. Institutional And Commercial Building2.3. Specialized Industrial Construction2.4. Infrastructure And Heavy Construction2.5. Environmental Construction2.6. Agricultural Construction Construction Roles Types Of Construction Contracts4.1. Fixed-Price Contract4.2. Time and Material Contracts4.3. Cost-reimbursement Contract Construction Project Management Stages5.1. Conceptualization5.2. Planning5.3. The execution5.4. Project Monitoring Construction Project Management Processes6.1. […]