According to researchers at Arizona State University, preconstruction costs can account for as much as 5% of a project’s total budget, depending on the type and complexity of the project. If we were to apply … about How Smart Builders Make Money Before They Ever Break Ground
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Project Information Is Everywhere, Nowhere, or Inaccessible. Now What?
Construction projects produce huge amounts of data, but an abundance of information can be both a blessing and a curse, depending on how well it’s put to use.
Avoid Inefficiency and Profit Erosion by Syncing Your Field and Office Teams
Profitability and efficiency go hand in hand in construction, but it’s next to impossible to be operating on all cylinders if your teams aren’t on the same page.
Increase Visibility into Your Project Risks and Budget With These 4 Key Tactics
Some of the biggest construction issues arise from a lack of visibility of potential budget and project risks. Many projects also suffer from communication issues among stakeholders.
The Foundation of Successful WFM: People, Process, Technology
Whether they realize it or not, most contractors are unknowingly practicing workforce management (WFM) and often on a spreadsheet, whiteboard, home-grown system, or even on paper.
Why Workforce Planning is More Important than Ever in Construction
It used to be that contractors could just focus on their own employees when doing workforce planning. However, with the nature of work changing even in construction, some experts say workforce planning needs to go … about Why Workforce Planning is More Important than Ever in Construction
The Evolution of Construction Technology: The Future Has Been Written
As technology pushes forward to modernize construction, could an innovation from the past provide construction with the next big thing that helps everyone stay in control?
Digitization Key to Successful Implementation of IIJA
The Infrastructure Investment and Jobs Act (IIJA) provides funding for many infrastructure projects, including improvements to roads and bridges, transit, water systems, electric grid upgrades, and access to broadband. While this legislation allows agencies to … about Digitization Key to Successful Implementation of IIJA
The Pressure for Profitability: Meeting Investor Expectations in Renewable Energy
Times change and those changes often bring about new challenges and a shift in priorities. One industry that’s undergone significant change in recent years is renewable energy.
Owners: Answer These 3 Key Questions to Maximize the ROI from your Construction Platform
The successful planning and execution of any capital project has never been an easy undertaking. After expending sizable efforts in planning the allocation of capital, raising funds, and gaining the necessary approvals, owners of all … about Owners: Answer These 3 Key Questions to Maximize the ROI from your Construction Platform