The truth is – the construction industry is rife with corruption. Your construction business may face the risk of corruption in various forms, including extortion, bribery, embezzlement, fraud, and other abuses. If you do not pay attention to any potential corruption within your business, it may have a serious impact on your company’s financial health
The year 2025 has brought a new level of uncertainty and financial pressure for contractors, builders, construction business owners, suppliers, etc. It shook the construction sector. With the emergence of new tariffs on construction materials, there is a mix of unease and anxiety for everyone affected. If you are in the construction sector, you may
In construction, a single overlooked purchase order (PO) can derail an entire schedule. One misstep—whether it’s a missing signature, incorrect delivery date, or mispriced material—can result in thousands of dollars in unplanned costs and days of lost progress. Procurement in construction isn’t just about ordering materials; it’s also about managing the entire supply chain. It’s
No doubt, the success of a construction project can be attributed to the productivity of the people working on the site. However, being highly productive does not just mean working hard to complete tasks efficiently and deliver results on time. Even as a new project manager or a seasoned general contractor, managing your workforce is
Managing projects is like conducting an orchestra—you’ve got different players, multiple moving parts, and one shared goal: making everything work together in harmony. But keeping track of it all can be overwhelming. That’s where a project management portfolio steps in. A well-structured project management portfolio is more than just a collection of updates. It’s your
The most significant portion of a building project’s costs typically comes from the materials. Have you ever placed an order for too many goods or tools? Or putting an order too late, resulting in delayed delivery dates? If so, you need to be aware that poor handling of materials can cause projects to run late
In the construction world, safety isn’t optional—it’s survival. And nobody knows this better than OSHA. For over 50 years, the Occupational Safety and Health Administration has set the standards that keep America’s job sites from becoming danger zones. Their job? Making sure employers create and maintain safe working environments. Your job? Keeping up with what
In this increasingly modernized world, many businesses of all types and sizes have been leaning towards implementing technology. The construction sector is no exception. In fact, a lot of construction businesses today are eyeing the best construction software for project management. If you own a business, you should better understand by now the importance of
It may seem simple to come up with a name or concept for your construction business, but it is much harder to engage people, draw in new clients, or keep hold of current ones. How can businesses attract new customers and obtain a competitive edge in the construction sector in today’s fast-paced business world, where
Managing construction projects requires that your everyday activities, no matter how large or small, align with your company’s long-term objectives. Here is where efficient and good strategic execution enters the picture. Strategic execution turns your business’s long-term goals into daily actions that ensure everyone’s work directly helps you reach your goals. Most companies prioritize strategic
In the construction industry, more and more people are becoming aware of many project management tools, methodologies, and techniques that can help them do their jobs better and deliver projects faster. Because project management is such a broad field and encompasses many ideas, it is critical to identify which one can help boost profitability, increase
How frequently do your construction projects require the help of skilled laborers? Do you have trouble locating trustworthy and competent candidates? Even the most innovative builders may find it difficult to get top talent due to labor shortages and fierce competition. Any construction company’s success depends on attracting and retaining qualified employees. Let’s take a
Keeping complex and large-scale projects running smoothly can be challenging, especially for construction owners who handle multiple capital projects. Enter the project developers. A project developer, aka owner’s representative, acts on behalf of the project owner to reduce risk and ensure the management runs smoothly and is finished as planned. A project dev helps owners
Construction projects are made up of a million moving parts. As a general contractor or a project manager, it is critical to plan and put systems in place to keep it running smoothly. While the planning phase is essential, the monitoring and control phases are as equally important to ensure that they are successful and
So, you want to improve your construction bid proposals and get more projects? This is a common concern among contractors, especially in these competitive times. Effectively overseeing your company’s request for proposal (RFP) response management procedure is essential to business success in construction and many other sectors. Let’s examine the fundamentals of an RFP before
