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
One of the industry’s essential concerns today is a labor shortage and site unproductivity when managing construction. Organizations today, more than ever, rely on the energy, passion, and involvement of their staff to survive and succeed in the twenty-first century. Projects are prone to delays without an engaged employee workforce, budgets quickly become overburdened, and
In managing construction, there are many terminologies and jargon that one must be familiar with— whether you are a project manager, a site engineer, or an owner. Understanding the primary language of the industry is a must for every individual, as they are most likely to deal with buildings at some point in their lives.
Perhaps you are familiar with implementing the Critical Path Method (CPM) for scheduling your construction projects. In fact, it is one of the traditional and most common construction planning techniques. In theory, when your construction project has to be scheduled, CPM does make sense at the start of the project. Nonetheless, by practice, it is
In construction, last impressions are critical. Project owners expect a seamless turnover, which is vital to efficient facility operations and management. For general contractors, a good turnover process is also an effective way to retain loyal clients and get more work. But while project closeout is essential, planning for a smooth handover happens well before
Managing construction projects often involve many teams – from general contractors subcontractors to suppliers and trade partners; it is no surprise that on-time payment releasing and progress billings are a problem in the industry. Getting paid in the construction business takes longer than in almost any other sector – validating each milestone to ensure proper
No matter the scale, construction projects are always tight in terms of timelines and budget. The very nature of this traditional industry, which is highly competitive and often runs on thin profit margins, imposes that projects are planned and negotiated with strict costs and deadlines. However, these constraints often come under pressure due to unexpected
By reading the title, you probably think it is a silly question since many will answer that it is obvious. Projects lose money due to late and falling schedules that eventually lead to anticipation. Yet even the projects are finished late and lose money, and it is often only detected when the project is almost
The construction industry is currently undergoing a massive transformation. The continuous rise in the need for construction services increases the number of projects, complexity, and length that construction companies may be handling simultaneously. As a project manager, you may feel the stress and pressure as you cope with the increasing expectations and responsibilities to deliver
Among all the industries, construction remains one of the most dangerous to be in. Knowing this, the men and women who work to build our nation have the right to demand that every precaution be done to guarantee their safety at the job sites. With different moving parts on the job site, it is difficult
In the construction industry, change orders are something that most professionals are familiar with, whether you are a beginner or a senior. And why is that? Because change orders play a big part in managing construction projects— almost every team has to deal with it in their time in the industry. In this regard, good
Value engineering is a set of systematic tools and methodologies adopted by construction project teams to resolve constraints in quality, costs, and scope of work. Value engineering presents solutions to manage construction projects to enhance functional performance, optimize total costs, and achieve high-quality output. It can enable project engineers to use the resources within optimum
When it comes to managing construction, one of the most challenging tasks is efficiently and effectively managing your inventory. Managing inventory can be a laborious, tedious, and time-consuming process in itself, especially if you handle multiple projects at the same time that involves millions of resources – materials, labor, equipment, and assets. Even a tiny
Managing construction involves overseeing a wide array of aspects, from the workforce, cost, schedule, and inventory. However, construction inventory, such as materials, is not highlighted as much as the other factors when it takes a huge part in completing a successful project. Material management is a complicated and essential part of every project, no matter
Even before the major crisis happens, there are many concerns in the construction sector around the supply chain and the costs of construction materials. In fact, there are some trade tensions across the globe, particularly between two key supplier-buyers, China and United States. As a result, it has led to rising costs and problems with
