Out of all documents associated with any construction project, the SOV or Schedule of Values is considered as key in tracking the progress of your work as a project manager, getting paid on time, and managing cash flow – most especially in large commercial projects. We assume you haven’t created an SOV yet. And as
Many construction managers who work on projects involving a lot of task repetitions agree that they have spent half of their time on admin-heavy tasks linked to planning. While their main focus is to manage construction projects according to the agreed timeline and budget, this is not possible without going through countless phone calls, email
Managing construction projects can start as seamless and organized at first, but it can quickly become a pretty chaotic scene. The construction industry is prone to delays and roadblocks – from inclement weather and delivery delays to labor shortage, document mismanagement, and miscommunication. One of the project manager’s most critical responsibilities is to stay on
From start to execution, managing construction projects include a range of factors to consider. Consequently, monitoring multi-location projects is a multi-faceted task involving many people and moving parts. When managing projects at multiple locations at once, the list of micro tasks to complete significantly increases, which might often turn into a terrible managerial nightmare even
Planning is the very heart of every construction project. However, the master schedule does not reflect the reality onsite in many instances. As the project manager, you must bring your project plan to life by ensuring team collaboration and communication are moved in a real-time dynamic environment. Doing so, the construction schedule gets updated with
Managing construction projects can feel like all those intricate tasks, activities, and monitoring never end. It is a well-known fact that these projects have a million moving parts that need to be strictly monitored and managed – from inventory, scheduling, tasks, and crew, it is no secret that the industry is prone to delays. New
Force majeure is coined from a French term that refers to a ‘superior force,’ implying an ‘act of God.’ Force majeure refers to unforeseen, unusual, and extraordinary events that surpass the control of a person written in a contract that prevents a particular party from fulfilling an obligation under that contract. Generally, this event is
When digital software tools cross your mind, you probably imagine a typical gal or desk-bound guy in the IT department who helps when forced to update your computer. You might not be thinking of field service managers, plumbers, or field service managers utilizing construction techs. Yet, software technology has a significant potential to impact many
Managing construction projects can be a little tricky and complicated, even if you have been in the industry for a while now. There are a variety of plans, approaches, and strategies that you can try out when it comes to handling your projects but selecting the best construction project management methodology is the first step
A new year also translates to new opportunities, and as the construction industry unlocks new heights, your business can grow with it as well. Once you have all your systems and tools in place, the most effective way to start scaling is to ensure that you are connected to the right people in the industry—from
Are we there yet? This is probably a challenging question to answer when no one knows where exactly “there” is. As a project manager, you probably face project delays and downtime, as they commonly happen when your construction team does not have any progress with their tasks, primarily because of conflicting situations. They have to
In managing construction projects, some might think that inventory management is an unessential piece in the puzzle- a negotiable variable in the business. The truth is, however, it plays a crucial role in the overall operations and your company’s profit margins. Most of the business sectors that exist, from medical and construction to automotive and
When managing construction, it is no surprise that countless problems, obstacles, delays, or potential roadblocks can hinder your way to a successful project outcome. Suppose you have been in the construction industry for a while now. In that case, you may be familiar with the current issues we face today – from a skilled labor
With the new year arriving in a blink of an eye, there’s no better time to reflect and review how your construction business did over the past year and to gear up and prepare for this year but now. Since the holidays are over, it’s time to start making a list of all the things
Spreadsheets are a household tool for any industry, and the construction industry is not an exemption to that. For businesses where keeping records and analyzing data are critical, tools are a must in order to run their companies efficiently. The construction industry has been reliant on spreadsheets for generations. Over 70% of construction firms use
