It is no secret that construction productivity and efficiency have decreased over the years. In the 1970s, the construction industry was one of the most productive sectors in the US. But the situation has changed dramatically with studies from …
Managing the work of contractors and subcontractors before, during, and after a construction project is key to successful project execution, but the volume and scope of contract work can make effective management a daunting task. As the available tools …
Budgeting is a critical part of any construction project. An accurate and effective construction budget ensures all anticipated expenses are covered to meet project timelines. As projects grow in scope and complexity, professional construction cost management software and budget …
Every construction project has its own set of risks, ranging from schedule issues and financial concerns to safety, security, and legal risks. Managing construction project risks effectively means identifying issues proactively and taking steps to eliminate them or reduce …
Everyone working in the construction sector, from project managers and investors to architects and engineers, has to have a basic understanding of the different types of construction projects. The scope, complexity, and objectives of construction projects can differ greatly; they …
Perhaps no other innovation in the history of the construction industry has been as influential and revolutionary as Building Information Modeling (BIM). All around the world, stunning architectural and engineering examples—often designed and built in record time—reveal the influence …
Over the past decade, business intelligence has been revolutionized. Data exploded and became big. And just like that, we all gained access to the cloud. Spreadsheets finally took a backseat to actionable and insightful data visualizations and interactive business …
Businesses have been producing reports forever. No matter what role or industry you work in, chances are that you have been faced with the task of generating a tedious report to show your progress or performance. While reporting has …
In the construction, mining, and industrial sectors, subcontractors are essential in delivering a project on time and within budget. Engaging and employing subcontractors for the appropriate tasks is a priority for main contractors, particularly when the job demands multiple …