CCR Magazine

JANUARY 10, 2024

In the world of commercial construction, the art of managing projects efficiently while staying within budget is a crucial skill. With the rising costs of materials, labor, and unforeseen challenges, mastering budget-conscious techniques is paramount for construction managers.

Budgeting 52

Budgeting Building Information Modeling (BIM) Construction Equipment Project Management 52

In Eight

MARCH 21, 2023

Hence, the need for budgets. Contractors and owners often watch as their projects’ budgets gradually creep, and often soar, past the limits established and agreed to during the planning stage. Though intentions are good at the start, why is it such a challenge to adhere to those budgets? How have local wage rates evolved?

Budgeting 52

Budgeting Schedule Management Project Management Consulting Cost Control 52

In Eight

MAY 4, 2023

Finally, many owners feel that they’re completely reliant upon contractor pricing to create their budgets. First off, a disciplined “stage gate” approach can allow cost estimates, and ultimately the project’s budget, to evolve as the candidate project progresses from conceptual design to detailed engineering and ultimately into execution.

Budgeting 52

Budgeting Estimating Cost Control Project Management Consulting 52

Civil + Structural Engineer

MAY 24, 2023

The Sacramento region can expect to see big changes related to how wastewater is treated and reused with the completion of Regional San’s $1.7 Named the EchoWater Project , the immense upgrade was completed in spring 2023—on schedule and under budget. The original estimate projected costs to be as much as $2.1

Budgeting 130

Budgeting Schedule Management Cost Control Quality Control 130

CCR Magazine

APRIL 16, 2024

Amidst this bustling environment lies a crucial, yet often understated element: the art of strategic project management and cost control. This is where the expertise of Pekaj Group & estimating solutions sails to the rescue. An overestimate can cost you the bid; an underestimate can cost you your margins.

Estimating 52

Estimating Cost Control Project Management Sustainability 52

CCR Magazine

JANUARY 14, 2024

Also included is Field Surveillance of in-process construction activities, site inspections, maintenance of construction schedules, and construction management. He has served as Project Controls Manager, Chief Estimator, Senior Manager, and Project Manager for a variety of infrastructure projects.

Estimating 52

Estimating Quality Control Schedule Management Cost Control 52

LetsBuild

JUNE 2, 2023

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency.

Project Management 98

Project Management Construction Management Budgeting Schedule Management 98

Autodesk Construction Cloud

NOVEMBER 17, 2021

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

Budgeting 52

Budgeting Schedule Management Project Management Project Management Consulting 52

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate. FAR 36.203. FAR 2.101 and 13.000. Owner Leadership.

Estimating 105

Estimating Government Works Cost Control Contracts 105

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 80

Estimating Cost Control Project Management Consulting Construction Equipment 80

CCR Magazine

NOVEMBER 20, 2024

Almost 100% of all construction projects go way over their budget, with more than half enduring multiple delays and issues. There is so much planning involved in each construction project, including budgeting, hiring contractors, time planning, and so much more. Here are three main challenges both companies and managers face.

Project Management 52

Project Management Construction Management Insurance Management Change Management 52

Rabbet

SEPTEMBER 26, 2023

Best Practices to Ensure Commercial Real Estate Development Project Success If you haven’t already, check out the first blog in this series, The Real Estate Developers Handbook: The Role of Budgets in CRE. A real estate development project combines creativity, strategy, and resource management to transform visions into reality.

Real Estate Development 52

Real Estate Development Budgeting Environmental Impact Assessment Change Management 52

Construction Daily News

MARCH 21, 2024

In the world of commercial construction, staying within budget is crucial for project success. With costs for materials, labor, permits, and unexpected expenses constantly changing, managing budgets effectively requires careful planning and smart decision-making.

Budgeting 52

Budgeting Building Information Modeling (BIM) Risk Management Renewable Energy Systems 52

Buildern

MARCH 15, 2023

One of the most desired situations for any builder is to have an estimated budget as close to the true cost as possible. The more accurate the planned budget, the easier and faster project completion will be. However, the construction industry is all about uncertainties and unexpected things popping up during the project.

Budgeting 52

Budgeting Construction Management Estimating Building Materials 52

PN - Project Management

JULY 24, 2023

Achieving mastery in cost management in construction projects is crucial. This article gives you the expertise and tools to handle your project's budget like a seasoned professional. Recognize the scale and requirements of your project, which forms the backbone of your budget estimation.

Project Management 52

Project Management Construction Management Budgeting Cost Control 52

Civil + Structural Engineer

SEPTEMBER 27, 2023

As Project Engineers, Kodey Lane-Norful and Likitha Kaki are responsible for assisting project managers with quality control, project budgets and cost reports, reviewing and coordinating submittals and RFIs, subcontractor management and maintaining communication with the client and entire project team.

Facility Management 130

Facility Management Schedule Management Quality Control Project Management 130

Rapport3

NOVEMBER 21, 2023

To make sure profits stay steady and grow, it's crucial to manage increasing costs for materials, labour, and operations. Rapport3, a powerful project management software designed for architecture firms, offers solutions to minimise the impact of inflation: Tracking Costs in Real Time Our software lets you monitor project costs in real time.

Architecture 105

Architecture Risk Management Cost Control Material Handling 105

Civil + Structural Engineer

MAY 15, 2023

Aurigo Software , the leading provider of capital planning and construction management software for infrastructure and private owners, announced it has entered into a multiyear contract with the Delaware Department of Transportation (DelDOT) to modernize the planning, funding, and execution of the agency’s Capital Transportation Program.

Structural Systems 246

Structural Systems Project Management Change Management Construction Management 246

Extranet Evolution

DECEMBER 21, 2021

Planyard offers one place for all project financials management, keeping everything standardised and in sync, with a real-time view of project costs. Estonia-based Planyard is targeting contractors with a cloud-based budget management tool for contractors. Project costs are visualised when they happen – not a month later.

Budgeting 52

Budgeting Project Management Risk Management Change Management 52

Commercial Construction Blog

AUGUST 28, 2018

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 112

Budgeting Building Materials Manufacturing Site Planning HVAC Systems 112

Buildern

SEPTEMBER 17, 2024

An unsettling nationwide trend shows construction projects often exceed their budget by at least 16%, thus highlighting the importance of detailed planning and estimation. These costs can be typically divided into several categories, each contributing to the overall budget.

Building Code Compliance 52

Building Code Compliance Project Management Budgeting Construction Management 52

Civil + Structural Engineer

JUNE 28, 2024

By Victoria Salvador Project management in the architecture, engineering, construction, and owner/operator industry is part art, part science. Over time, technological change, labor shortages and the increasing complexity of projects have reshaped the role. However, you can only be as effective as the tools your organization provides.

Project Management 130

Project Management Building Information Modeling (BIM) Stakeholder Engagement Change Management 130

Autodesk Construction Cloud

OCTOBER 27, 2022

It’s important not to overlook the importance of comprehensive budgets and estimates when companies are working under immense pressure to get work done on time and for a profit. As an estimator, there are things you need to be picky about. Working solely or primarily out of spreadsheets leaves your estimates prone to error.

Estimating 52

Estimating Risk Management Change Management Material Handling 52

PN - Project Management

AUGUST 15, 2022

This article offers insight on the top reasons to add new estimating software to your construction company. Benefits of estimating software ​ Better Overall Construction Job Planning The top reason to add construction estimating software to your repertoire of internal tools is that it helps you see the big picture.

Estimating 52

Estimating Cost Control Project Management Budgeting 52

Job Order Contracting

JULY 7, 2024

GSA PBS JOC Program Management Audit – Issues Continue: The General Services Administration (GSA) Public Buildings Service (PBS) has faced scrutiny and criticism in the past for various financial and management issues, including those related to Job Order Contracting (JOC) programs.

Cost Control 74

Cost Control Quality Control General Contracting Building Controls 74

Job Order Contracting

DECEMBER 13, 2022

A Relationship-based Approach to Sustainable Facilities Management is needed to meet current and emerging economic and environmental requirements. Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available. Asset/Component Management.

Facility Management 93

Facility Management Sustainability Building Information Modeling (BIM) Change Management 93

Civil + Structural Engineer

APRIL 28, 2023

a global leader in construction capital project management software, has announced new innovations that further realize its strategy of connecting 16 essential project controls business processes on a single, integrated platform. InEight Inc.,

Schedule Management 130

Schedule Management Cost Control Risk Management Change Management 130

CCR Magazine

OCTOBER 28, 2024

However, without accurate planning, these pieces can easily fall out of place, leading to delays and budget overruns. This is where construction planning software comes in, redefining how managers and planners tackle project complexities. Construction projects are like intricate puzzles, each piece crucial to the bigger picture.

Risk Management 52

Risk Management Schedule Management Site Planning Change Management 52

Wolgast Corporation

DECEMBER 6, 2023

Three-Phases to Design-Build Construction: Preliminary Design and Estimating Detailed Construction Drawings and Bidding Construction Step One/Phase I – Preliminary Design and Estimating In this First Step or Phase our Architect develops plans based on a needs analysis meeting with the building owner and representatives for a nominal fee.

Schedule Management 127

Schedule Management Building Design Building Materials Manufacturing Building Permits 127

Jonas Construction

NOVEMBER 11, 2024

Last Updated on November 11, 2024 In today’s fast-paced construction industry, effective cost management is essential to protect profits and ensure project success. How can contractors consistently stay on top of costs while managing complex projects and service contracts?

Cost Control 52

Cost Control Project Management Risk Management Building Code Compliance 52

Rabbet

NOVEMBER 1, 2024

Jack Lingo Asset Management (JLAM) is a real estate investment and development firm that helps family offices, RIAs, and wealth investors build wealth through private real estate investments. Challenges JLAM’s previous generic project management software wasn’t tailored for developers. Collaboration among departments suffered.

Real Estate Development 52

Real Estate Development Change Management Risk Management Project Management 52

Job Order Contracting

MARCH 30, 2021

If you are Tired of Late, Over-Budget, and Just Plain LOUSY Facilities Repair & Renovation Outcomes, then do these 3 steps! Ensure robust nontechnical risk management by developing long-term relationships with well defined roles, responsibilities, workflows, information requirements, and deliverables. I’d Like to Learn More.

Integrated Project Delivery (IPD) 72

Integrated Project Delivery (IPD) Budgeting General Contracting Procurement 72

Autodesk Construction Cloud

DECEMBER 16, 2021

(NASDAQ: ADSK) today announced that it is acquiring ProEst , a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes.

Estimating 52

Estimating Building Information Modeling (BIM) Risk Management Schedule Management 52

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Eighty percent (80%) of all construction projects are late, over-budget, or incorrectly completed. Based upon the size of the project, there is great value for an owner to develop an internal detailed line item estimate to compare against a builder’s estimate.

Lean Construction 52

Lean Construction Estimating Integrated Project Delivery (IPD) Cost Control 52

Construction Daily News

SEPTEMBER 7, 2024

The Kentucky Transportation Cabinet (KYTC) plays a vital role in managing construction procurement for various projects across the state. By examining the entire lifecycle of construction procurement, readers will understand how the KYTC ensures project success while managing risks and emphasizing efficiency.

Procurement 52

Procurement Environmental Impact Assessment Stakeholder Engagement Risk Management 52

Civil + Structural Engineer

MARCH 20, 2024

— Trimble (NASDAQ: TRMB) announced today the introduction of 2024 versions of its Tekla ® software for constructible Building Information Modeling (BIM), structural engineering and steel fabrication management. Collaboration is one of the deciding factors for the success of BIM.

Building Information Modeling (BIM) 130

Building Information Modeling (BIM) Steel Fabrication Schedule Management Property Management 130

Jonas Construction

JULY 30, 2024

Races start with a strategy and the crew chief (like a project manager) checks in with the driver throughout the race to ensure their strategy is working and to make any necessary adjustments. They regularly monitor every phase of the project and make necessary adjustments to ensure the project remains on track and within budget.

Project Management 94

Project Management Schedule Management Construction Management Change Management 94