Given the continuously changing nature of your construction projects, properly managing and tracking costs is vital to your project’s outcome. A core piece is to have the capacity to determine and compare how much specific tasks or item costs so you can accurately forecast and manage cash flow. And this is where construction cost codes
Construction sites are often loud, crowded, and busy places to work. As a result, hundreds or probably thousands of workers are on the job site daily. And in the middle of all the chaos are the project manager and your crew, who manages the project’s logistics, safety, cost, schedule, and other things. So the big
Taking on a construction project is no easy task – you must manage many details you could quickly lose track of. As a project manager, you must be prepared for external issues like weather restrictions, pricing volatility, temporary contractors, and internal factors that can cause your project to be delayed. In this case, you need
When managing construction projects, your crew are your most valuable resource – it is essential to plan your processes, operations, and systems with them in mind. No matter the industry, one of the most apparent differences between companies that do well and those that do not is how they manage their workers or how well
Whether you are new or a seasoned project manager, it can still be intimidating and hard to figure out how to plan a good construction schedule for your specific project. Since no two projects are the same, there are many factors that you should consider, like the client’s priorities, the budget, and following the law.
Managing cash flow is one of the toughest things to keep under your control as a construction business owner, and the problems when managing your cash flow are also some of the worst. So, your company must address the poor practices that drain the cash and build better cash flow management practices to prevent future
Construction milestones are checkpoints on the timeline of your project – they can help you determine how your project is doing, how fair it is from being done, and if you need to make catch-up plans to ensure it can be delivered on time. As a result, setting project milestones is essential to determine your
The construction industry is constantly growing and facing many problems simultaneously. As a result, project managers need help to keep up and solve them. Many things could go wrong with a building project. Project managers juggle a million moving parts to ensure a site runs smoothly, safely, on time, and within budget. You may undoubtedly
When it comes to managing projects, it cannot be done by just one person. A construction project needs a team of people that can offer a wide range of skills and experience. The more complicated a project is, the more skills they need. It starts when an owner hires a general contractor to design, build,
Performance and skill gaps are some of the biggest issues the construction sector has faced for the last several years. Operations, demands, and even technologies are changing over time. And whenever this happens, acknowledging and solving to fill performance gaps is vital to maintaining productivity within your construction team. Not knowing and not being aware
The construction industry is such an in-demand business. Every year, thousands of clients are looking for contractors that can help with their needs and demands. As a result, competition is fierce – general contractors need to stand out to get more clients and complete more projects. With so many firms claiming to be the best
Today, construction companies use advanced workflows to increasingly improve integrated operations and share files across systems, to enhance timeliness, competitiveness, operational effectiveness, and many more.If you are a construction business owner, one of your many focuses should be your workflows and operations. Know that your workflows play a huge role, and it primarily defines the
Running a construction business is a challenging task. With the industry being extremely volatile and prone to delays, business owners and project managers strive for continuous improvement to perfect its project delivery process. However, there will be many problems to solve, and if you do not plan and run your construction business well, it might
The construction business is constantly changing – steering away from the traditional way of managing projects and leaning more towards modern and digital ways. Once only using pen and paper, this industry is now using everything technology offers. With the new year, 2023, it is essential to keep up with the latest trends in the
