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
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.
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.
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.
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.
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
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?
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
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.
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