This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The role of a projectmanager is pivotal in ensuring that projects are completed on time, within budget, and to the desired quality standards. Integrating sales insights into your project planning process can significantly enhance these skills, ensuring that your projects are both profitable and successful.
By Victoria Salvador Projectmanagement 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. Tracking on Excel spreadsheets should be history.
Effective financial management in construction projects is crucial for ensuring profitability and sustainability in a highly competitive industry. With the complexity of construction processes, understanding construction financial management becomes essential for project success.
In the complex world of construction projectmanagement, effective scheduling is the linchpin of success. Limited Real-Time Visibility: Outdated software fails to provide real-time insights into project progress, hindering proactive decision-making and risk mitigation.
Roadway ProjectManager, Michael Baker International Located in the 1,500-acre Chicopee Woods Nature Preserve in North Georgia, the Elachee Nature Science Center is an education center that serves more than 35,000 students from over 35 school systems and an additional 30,000 visitors to the museum and preserve each year.
By Jon Fingland, Vice President and Category General Manager at Trimble Despite significant strides in digital transformation, siloed data remains a major roadblock in the construction industry. This issue is amplified when subcontractors, project owners, and other stakeholders each have their own technology stacks.
Top Construction ProjectManagement Software for 2024 Construction projects are notorious for their complexity – budgets to manage, timelines to adhere to, materials to coordinate, and teams to synchronize. In today’s fast-paced construction environment, efficient management is non-negotiable.
This comprehensive report offers insights into fees, billing rates, chargeability/utilization rates, project contracts, and billing practices. Chargeability changes. With strong backlogs and a continued strain on capacity, we saw the gap between actual and projected staff chargeability decline again this year.
Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. For owners facing this scenario, integrated services like the Engineering, Procurement, and Construction Management (EPCM) delivery method may be the best option for your project.
It is also ramping up work programmes to improve network resilience in the face of climate change with spending in embankment works and drawing set to double to £1.8bn from 2024-29. Capital projects – enhancements – are now funded separately on a case-by-case basis and no longer form part of Network Rail’s five-year settlement.
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. Note that 63% of projects fail due to poor communication.
The further along a construction project is, the more difficult and costly changes become. And when most of a project’s value is created in the beginning stages when mistakes are easier to fix, the importance of getting it right early is greater than ever—making consistent communication crucial.
Real Estate ProjectManagers Need These 3 Things to Succeed In busy development firms, real estate projectmanagers often deal with large portfolios of complex projects. Here are the three essential elements that every real estate projectmanager needs to thrive.
The facility is projected to generate approximately $4 million per year in revenue, save WSSC Water customers approximately $3.4 This project is truly groundbreaking, utilizing the thermal hydrolysis technology to reduce costs and increase efficiency and sustainability,” said Matt Cooke, president and CEO at PC Construction. “I
Choosing the Best ProjectManagement Tool for Your Firm Managingprojects in the architecture, engineering, and construction (AEC) industry is no small feat. A well-chosen projectmanagement tool can help AEC firms streamline these processes, improve collaboration, and enhance project outcomes.
Top-level director changes are underway at Costain’s highways division. It is also understood that Darren Dobson, highways operations director, will be leaving the business amid the managementchanges at the division, which accounts for around a third of Costain’s total revenue.
Reading Time: 2 minutes In an industry as quick as construction, cost management is everything. Rising material costs, labour shortages plus complex projects mean we need to be smarter with our budgets without compromising on quality. Simplify stakeholder collaboration to ensure transparency and alignment on budgets.
Introduction Construction projectmanagement (CPM) is a multifaceted discipline that involves the planning, coordination, and control of resources to achieve project objectives within defined constraints of time, cost, and quality. Communication often involved phone calls, meetings, and physical site visits.
Constructing Efficiency: Exploring the Leading Construction ProjectManagement Software of 2024 In 2024, the construction industry continues to witness a transformative shift towards digitalization and innovation, with construction management software playing a pivotal role in enhancing project efficiency and collaboration.
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.
A Transformative Approach to Construction ProjectManagement that enables the consistent delivery of quality outcomes on time and on budget has been available for decades. BIM is a digitalization tool and a 3D rendering technology, not a facilities management solution. Reach out if you are ready for a change.
NEW YORK (July 11, 2023) – Mickey , a B2B technology company, announces the launch of its Mickey | Contractor Direct division, which will be focused on assisting contractors with building project order fulfillment – from product procurement to shipping updates and online payment functionality.
Revolutionizing Construction Projects: The Power of Drawing Management Software Construction drawing management software is essential for Architects, Construction Managers, and Contractors to organize, track, and share plans across multiple building phases. The Challenges of Traditional Construction Drawing Management.
That reluctance, in many cases, stems from widely held misconceptions and myths about AI in the context of EPC projectmanagement. In this series we’ll be leveraging our experience of consulting with EPC organizations around the world, and with project control teams, to dispel some of the most popular myths.
After nearly seven decades of drilling deep foundations in 49 states and pioneering the sub-specialty of electrical transmission and utility lines for renewable energy, infrastructure, and industrial projects, Tri-State Drilling was at a crossroads. Projectmanagers could now view real-time job health snapshots at any moment.
By Balaji Sreenivasan, CEO, Aurigo One of the toughest jobs city managers face is getting buy-in from the public on infrastructure projects. These projects, such as highways, roads, and bridges, are often essential for economic growth and development but can be met with fierce opposition from residents. With a funding pot of $1.2
The construction industry is undergoing a digital transformation, and jobsite management software is at the forefront of this revolution. These powerful platforms are reshaping how projects are planned, executed, and delivered, leading to increased efficiency, collaboration, and profitability.
In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges projectmanagers face on construction projects. Each construction project poses unique challenges — this is why construction projectmanagers have distinct roles and responsibilities to fulfill from project to project.
Cost overruns run large in the construction industry, leading to project delays, disputes, and financial losses. But how can we ensure that projects stay within budget and deliver on time? Involve all project stakeholders in the value engineering & decision making processes 2.
Over the past 20+ years, Englewood has completed over 2500 commercial construction projects in the retail, restaurant, hospitality, senior living, industrial, cannabis, and automotive sectors. From financial overruns to project delays, unexpected risks can impact budgets, timelines, and overall project success.
A real estate development project combines creativity, strategy, and resource management to transform visions into reality. However, amidst the excitement and anticipation, one aspect often stands as the bedrock of project success: budget tracking. It is often broken down into line items and divisions.
In a dynamic and resource intensive construction sector, effective project scheduling is a critical factor for success. Whether managing a single or multiple project, the ability to schedule tasks, allocate resources, and adapt to changes in real-time determines if the project is delivered within budget and on time.
Efficiency Unleashed: How As-Built Drawings Management Software Transforms Projects As-Built drawings management software improves project outcomes through real-time updates, better collaboration, and accuracy within As-Built drawings. What are the top 5 obstacles in managing As-Built drawings?
You have limited resources but must plan for every scenario to finish your projects on time and on budget. But there’s a problem: Complicated construction projectmanagement tasks are around every corner, hampering the productivity and efficiency of every stakeholder. You ensure everything runs seamlessly.
Construction Submittals Software: The Digital Backbone of Modern ProjectManagement Construction submittals software has emerged as a critical tool for modern construction projects.
Launched in July 2024, this addition to HeavyJob will streamline the process of tracking and managingchange orders, ensuring accurate budgeting and billing, and improving overall project profitability.
The role of an Assistant Construction Manager is crucial in ensuring that projects are completed on time, within budget, and according to specifications. The construction sector is evolving, with tools like Building Radar helping companies streamline projectmanagement.
Construction Daily Report Software: The Backbone of Modern ProjectManagement Construction projects are complicated undertakings with many moving parts, tight deadlines, frequent modifications, and unanticipated difficulties. This reduces misunderstandings, promotes transparency, and enables quicker decision-making.
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
Challenges Redrock’s development team managed their projects in Excel. They found that using spreadsheets for projectmanagement took far too long and often resulted in errors. They didn’t have a system of checks and balances to ensure that information was accurate, which was especially fundamental for budgetmanagement.
With today’s projects being bigger and more complex, time isn’t just money—it’s a small fortune. This is why having an accurate and updated project schedule is so important. When everyone has access to the construction schedule, the chances of completing the project on time and within budget are much higher.
Former assistant secretary of largest North American ferry system is providing strategic leadership for multimodal and tolling projects for WSP clients across the U.S. Based in Seattle, Rubstello most recently served WSDOT as assistant secretary of Washington State Ferries, where she oversaw a budget of more than $1.25 WSP in the U.S.
Managing risk isn’t easy when you’re relying on a spreadsheet. When a contract goes bust, the real issue isn’t time management or attention to detail. When a contract goes bust, the real issue isn’t time management or attention to detail. The problem lies in the processes that the CRE industry has been relying on for decades.
Granular Local Market Cost Data is Essential for Cost Visibility & Management (Repair, Renovation, Maintenance, & New Builds) Using current, verifiable, and detailed local cost dat a instead of national averages with adjustment factors ensures: Cost transparency All labor, material, and equipment costs are broken down and verifiable.
We organize all of the trending information in your field so you don't have to. Join 79,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content