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Construction Educational Library
Project Management
From design to closeout, each step in the building process requires careful oversight. Learn best practices and tips from Canadian pros for coordinating trades, managing quality and costs, predicting safety incidents and more.
Mastering Construction Project Management: A Comprehensive Guide
A look into construction project management, unravelling the key strategies... Read More
Construction Management & The Role of a Construction Manager
Whether you’re just starting out in the industry or you’re an open-minded expert who wants to know how the role has changed and will
Construction Specifications: The Foundation for Project Clarity
When people hear the term “construction documents,” their minds often go straight to the applicable drawings. Those visual representations of what will be built
Preconstruction
Successful builds begin with proactive planning. Learn how to improve the estimating, develop winning tenders and build stronger subcontractor teams.
Construction Cost Estimating: A Step-By-Step Guide
Construction estimating is the process of calculating all of the required costs for a construction project, including direct costs (e.g. materials and worker wages)
What is an RFQ in Construction?
In construction, the term RFQ is used to mean both request for qualifications and request for quote. Project owners use a request for qualifications
The Construction Tendering & Bidding Process Explained
Mastering the tendering process is essential for general contractors and subcontractors alike. Across the industry, a hit ratio of around 5:1 is generally considered
What is the Preconstruction Phase? A Deep Dive into the Precon Process
Learn the ins and outs of the preconstruction phase... Read More
Financial Management
Learn how Canadian construction firms effectively manage working capital, accounting processes and company growth on the project or company level.
Job Costing in Construction: A Plan for Tracking Project Costs
Explore construction job costing, including the benefits of using this system... Read More
Introduction to Construction Accounting
Construction companies have to make difficult choices among many financial alternatives, like tendering on one project over another, selecting financing for materials or equipment
Work in Progress (WIP) Accounting: What Is It and Why Is It Important?
Work in progress (WIP) accounting is a method of accounting tailored specifically to construction that tracks costs and revenues throughout the lifecycle of construction
The 5 Key Types of Construction Contracts
There are five common types of construction contracts: lump sum (or fixed price), time and materials (T&M), unit price, guaranteed maximum price (GMP), and
Contract Management
Understand how different contract types and delivery methods affect relationships and billing practices – and learn how to navigate agreement terms.
RFIs: A Contractor’s Guide to Requests for Information
If a general contractor could add up all the minutes they spent waiting on a response to an RFI (Request for Information) throughout their
Guide to Guaranteed Maximum Price (GMP) Contracts in Construction
How GMP contracts work A GMP contract is a contractual agreement between a contractor and project owner that sets a maximum cost for the
The Design-Build Method of Project Delivery Explained
Design-build is a construction project delivery method that has been around for centuries — but there has been a resurgence of interest in applying
The 5 Key Types of Construction Contracts
Learn about the 5 most common construction contract types... Read More
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