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Save time, prevent costly errors and grow your business with Takeoff:Learn more here.
Have questions? Talk with us +1 (866) 752-6482
The construction industry’s productivity “increase” is -0.32 percent per year, according to McKinsey, and project schedules and budgets are paying the price. 98% of all megaprojects slip by over 30%, and over 75% of big projects suffer cost overruns by 40% and more. With labor statistics showing many companies still feeling the effects of the […]
Keeping a construction business afloat can be difficult in these uncertain times. Business owners and managers must always strive to improve the business and its performance. The following tips and tricks will help provide stability for the company through effective construction management and lead to greater profits and successful construction business models. 1. Create policies […]
Lean construction methods were born out of processes used in the Toyota manufacturing facilities after World War II. The principles and techniques have been modified to meet the needs of construction project teams with great success. Projects using lean construction principles show improved quality, lower costs, and shorter schedules. What is lean construction? Lean construction […]
Mistakes and rework can be detrimental to a project’s profitability and schedule. Ensuring that all work performed on the project meets the quality specifications is a task for everyone on the project team, especially in the construction industry. Construction quality management involves planning for quality work and ensuring that the work meets the specifications. Teams […]
Successful construction companies follow successful construction business models. A business model influences a company’s target customers, hiring practices, funding needs, and marketing efforts. Before we describe four successful construction business models, we’re going to answer the question: what is a business model? We’ll also dive into the best construction bidding websites to ensure that you’re […]
“People are essential to the success of a construction site. People require leadership, which in turn requires a leader.” The project manager is the most likely leader in any construction project. They are in charge of completing the project on time and on budget. But there’s more to it than just getting the work done. […]
Our Latest Update General Contractors can now share a Project’s bid status with Subcontractors. The Issue Information is key to developing strong relationships between General Contractors and Subcontractors but sometimes it is hard getting the word out. The new General Contractor Awarded Status feature helps GCs and Subs be on the same page when it […]
There are subtle differences between a construction manager and a project manager. In some locations, these terms are interchangeable, and in others, they are separate positions. We’re going to look at what each position’s responsibilities are, then look more closely at their differences. Pro tip: both positions use construction bidding sites. Construction manager responsibilities Act […]
While there are many contract clauses that can be used in construction contracts, there are really only four main contract types for a builder: time and materials, lump sum, total cost-plus, and guaranteed maximum price. The differences between these contract document types are subtle, but if you know what to look for, it’s easy to […]
Construction projects aren’t built in a day, usually. The construction process takes planning and schematic design ahead of the project for even the simplest remodel. A Project team works tirelessly before construction begins to determine what work needs to happen and what materials should be used. Only then do contractors bid on the construction plan […]
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