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Budgeting Procurement Risk Management 
Civil + Structural Engineer
SEPTEMBER 5, 2023
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.
Civil + Structural Engineer
OCTOBER 2, 2024
Events honored the HNTB-program-managed electrification project SAN JOSE, Calif. HNTB’s responsibility in the Caltrain Electrification Project included providing leadership and program management, driving the project toward success. As the program manager, HNTB played a crucial role in overseeing the project.
Roads Online
JUNE 15, 2023
Donald Cant Watts Corke Director for Infrastructure, Leslie Chung, sheds light on simplifying and reducing impacts caused by contractor insolvencies and project budget inadequacies. According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes.
Civil + Structural Engineer
APRIL 10, 2024
While overcoming the many unique challenges of this project, the team completed it on schedule with over half a million dollars in shared savings and unspent budgets.
Building Radar
AUGUST 6, 2024
Procurement risk management is a critical aspect of construction project management, ensuring that projects are completed on time, within budget, and to the required quality standards. Effective risk management strategies can help mitigate potential issues that may arise during the procurement process.
Job Order Contracting
FEBRUARY 9, 2022
Traditional construction procurement methods can endanger building safety, while an integrated, less adversarial approach can consistently improve safety and quality, while significantly reducing cost and delivery time. 2017, Building a Safer Future, Independent Review of Building, Regulations and Fire Safety: Interim Report. .
92 
Job Order Contracting
MAY 6, 2022
Consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget is possible using an integrated planning, procurement, and project delivery solution. Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Team Selection.
Job Order Contracting
MARCH 28, 2024
Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers. Anderson, S.,
75 
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.
105 
Job Order Contracting
OCTOBER 1, 2020
Improving construction procurement requires the ability to consistently generate value for stakeholders involved in facilities repair, renovation, maintenance, and new builds. It can not be accomplished by a sole focus upon short-term capital cost reduction and traditional win-lose procurement methods.
59 
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.
ProcurementExpress.com
FEBRUARY 11, 2019
Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. As technology changes the game, procurement is becoming a strategic juggling act. Project Management. Document management.
63 
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. Understanding the processes involved in KYTC construction procurement is essential for contractors and stakeholders looking to engage effectively.
52 
Building Radar
SEPTEMBER 5, 2024
As projects become more complex, the need for streamlined, efficient procurement processes has never been more critical. Construction procurement management is where digital tools are making the most significant impact, helping businesses reduce costs, improve project timelines, and increase transparency.
52 
Job Order Contracting
DECEMBER 21, 2020
Any organization with appropriate levels of leadership and commitment can build and manage a framework within which construction is planned, acquired, and executed in a manner that consistently drives best value outcomes. Shared Risk/Reward. Teams must be motivated to generate good ideas rather than extracting material gain.
60 
Trekker Group
AUGUST 28, 2022
Procurement in construction can be difficult. Procurement managers deal with complex supply chains, high-quality standards with a limited budget, and regulatory guideline compliance. In fact, over 50 percent of chief procurement officers agree that underutilizing automation technologies is a huge project management risk.
52 
Building Radar
JULY 17, 2024
The construction industry is continuously evolving, and as it grows, the need for efficient management systems becomes paramount. Enterprise Resource Planning (ERP) systems have emerged as crucial tools for streamlining construction procurement processes. This collaboration minimizes misunderstandings and enhances project outcomes.
52 
Building Radar
AUGUST 28, 2024
Efficient supply chain management is more critical than ever. The rise of construction procurement automation tools has revolutionized how companies manage their supply chains, enabling them to streamline processes, reduce costs, and enhance overall efficiency. Why Automate Construction Procurement?
52 
Job Order Contracting
APRIL 18, 2022
Robust processes and tools are readily available to assure the delivery of quality projects on time and on budget. Achieving project delivery success requires the consistent application of robust programmatic processes that integrate teams and associated planning, procurement, and project delivery activities.
Job Order Contracting
DECEMBER 4, 2024
Early Contractor Involvement is a mandatory component in any real property owner process designed to ensure consistent delivery of quaility repair, renovation, maintenance, and new build projects on-time and on-budget. The issues associated with Traditional Construction * Project Delivery (DB, DBB, CMAR…) are clear.
Building Radar
AUGUST 8, 2024
Procurement compliance is a crucial aspect of managing construction projects. It ensures that the procurement process adheres to legal requirements, industry standards, and best practices, thus mitigating risks and promoting efficiency. Understanding Procurement Compliance 1. What is Procurement Compliance?
52 
Building Radar
AUGUST 22, 2024
Efficient procurement of construction materials is crucial for the success of any construction project. From managing costs to ensuring timely delivery, the strategies employed in procurement can significantly impact both the budget and the timeline of a project. Key Strategies for Optimizing Procurement 1.
52 
Building Radar
OCTOBER 8, 2024
Navigating procurement and contract regulations is crucial for businesses aiming to secure service contracts, especially when dealing with government entities or large organizations. Procurement regulations govern how public and private entities acquire services, and failing to comply can result in disqualification or legal consequences.
52 
iField Smart
MAY 14, 2024
Constructing Efficiency: Exploring the Leading Construction Project Management 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.
Job Order Contracting
FEBRUARY 9, 2022
Traditional construction procurement methods can endanger building safety, while an integrated, less adversarial approach can consistently improve safety and quality, while significantly reducing cost and delivery time.
52 
Construction Law
MARCH 2, 2023
Science, technology and innovation are at the heart of the UK’s future and procurement and infrastructure policies have key roles to play in producing the necessary conditions for fostering them, say former Prime Minister Tony Blair and former Conservative Party leader William Hague in a joint report.
52 
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.
52 
iField Smart
JULY 20, 2024
Construction Project Management: Navigating the Modern Landscape with Cutting-Edge Solutions Construction project management is a multi-faceted discipline that orchestrates the successful delivery of projects, from conceptualization to completion.
Job Order Contracting
MARCH 3, 2020
Consistent on-time, on-budget delivery of quality repair, renovation, maintenance, sustainability, and new construction projects is possible only when owners have the requisite levels of leadership and competency. Robust LEAN construction planning, procurement, and project delivery tools and services are readily available.
iField Smart
APRIL 23, 2024
Building Better: Maximizing Efficiency with Construction Management Software Solutions Efficiency within the construction landscape points to accomplishing tasks, processes, and projects with minimum effort, resources, and time. Based on a report by Kings Research, the construction management software market will reach $21.67
ProcurementExpress.com
FEBRUARY 11, 2019
Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. As technology changes the game, procurement is becoming a strategic juggling act. Project Management. Document management.
52 
Construction Law
DECEMBER 1, 2020
The UK’s poor procurement practices are highlighted yet again by the news that the £19bn Crossrail project can’t be completed with the money available to the project. Another chapter in the long history of analysing why the UK’s procurement practices are so poor has just been produced by the National Audit Office (see News).
52 
Construction Law
OCTOBER 2, 2023
Major failings in the procurement and project management processes have been highlighted by Lord Hardie’s report (see News) as responsible for what must be one of the biggest infrastructure procurement screw ups in Scottish history. Neither TIE or the council had the necessary expertise to procure and manage a project like this.
52 
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.
52 
Job Order Contracting
DECEMBER 8, 2021
Innovative construction capital delivery for public sector owners can consistently enable quality, on-time, on-budget and fully compliant repair, renovation, maintenance, sustainability, and new build outcomes. 85% of all construction projects are over-budget, late, and/or poorly completed. Continuous improvement.
Job Order Contracting
MARCH 25, 2023
Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management! Owners & Developers – Planners – Designers – Procurement Professionals – Builders Collaborate with internal and external teams to detail Scope of Work and validate local market construction costs.
Roads Online
JANUARY 11, 2024
The Australian Government announced in the 2022-2023 Federal Budget, that a delivery of $9.6 With fluctuations in material availability affecting project planning and budgeting across the sector, Lee highlights Motion’s extensive range of product offerings.
CCR Magazine
APRIL 8, 2024
While many sectors capitalize on cooperative procurement contracts, higher education institutions and campuses are increasingly turning to the business model and opportunity as enrollment struggles and tuitions are teetering. With any construction project, every penny counts and efficiency is paramount.
52 
Job Order Contracting
OCTOBER 25, 2021
Whether a Federal, State, County, or Local Government, most public sector organizations underperform when it comes to planning, procuring, and executing facilities repair, renovation, or new builds. Supporting robust processes, tools, and training are readily available to assure on-time, on-budget, and quality outcomes 90%+ of the time.
Practical Law Construction
NOVEMBER 1, 2022
In our previous blog post , we introduced two-stage procurement and two key options for documenting it (a pre-construction services agreement (PCSA) followed by a separate main works contract and a Combined PCSA/Main Contract) noting that the differences were generally presentational or mechanical. Transparency. Site investigations.
52 
Job Order Contracting
AUGUST 27, 2020
How real property owners and facilities management professionals traditionally plan, procure, and deliver projects is the most significant barrier to improving capital reinvestment performance outcomes. In fact, less than 20% of all projects are delivered on-time and on-budget, or per stakeholder requirements.
Job Order Contracting
JANUARY 24, 2023
Significant Improvement of Evaluation and Maintenance of Building Infrastructure requires accelerated adoption of readily available robust programmatic tools and support services that analyze and reduce both risk and cost. A general lack of an articulated vision or strategic plan remains the norm.
88 
iField Smart
MAY 25, 2024
Demystifying Construction RFIs: The Role of RFI Management Software In the intricate dance of construction projects, Requests for Information (RFIs) play a pivotal role. However, managing RFIs efficiently within the vast scope of construction projects can be a daunting task.
Building Radar
AUGUST 11, 2024
Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. Understanding Construction Management at Risk (CMAR) What is CMAR?
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