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Best Practices for Financial Management in Construction Projects

Building Radar

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.

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The Critical Role of Utility Vegetation Management: Integrating AI and Digital Twins for Enhanced Safety and Reliability

Civil + Structural Engineer

By Looq AI Addressing the Challenges of Utility Vegetation Management Managing vegetation around America’s electric transmission and distribution infrastructure is crucial for ensuring uninterrupted power delivery. Handling hundreds of trimmings weekly poses operational challenges that test efficiency.

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Ways to Improve Home Building Productivity, Part 2: Automation

The Pro Builder

Ways to Improve Home Building Productivity, Part 2: Automation ibush Thu, 02/15/2024 - 15:31 Home builders can maximize efficiencies gained through simplification and standardization by automating both on-site and back-office operations Tony L. Consider the potential benefits of off-site construction to your current home building process.

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Bridging Construction & Business: The Value of Management

CCR Magazine

It requires effective leadership, strategic planning, and detailed project management. Without strong management, even well-funded projects can miss deadlines, overspend, or fall short of quality standards. This post explores how management skills elevate construction businesses to new levels of efficiency and success.

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The Evolution of Digital Twins in AECO: Beyond Modeling to Intelligent Information Management

Civil + Structural Engineer

Let’s explore how advanced information management platforms are revolutionizing digital twins. But here’s the kicker—these benefits only materialize when digital twins are paired with robust information management systems. It’s about how we manage and use the information they generate.

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A new risk landscape is reshaping owner-contractor relationships

Civil + Structural Engineer

By Steve Smith , EVP of Infrastructure at Graham Construction and Catie Williams, VP of Product Development at InEight A volatile risk climate worsened by ongoing reverberations from COVID-19, geopolitical conflict, and severe weather events is reshaping the traditional relationship between owners and contractors. Construction 4.0

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Xylem Scales Sustainability Impacts with New Water Stewardship Commitments

Civil + Structural Engineer

Since 2019, Xylem technology has enabled water managers around the world to treat over 13 billion cubic meters of water for reuse – equivalent to the domestic water needs of 197 million people annually. Risk Factors” in our Annual Report. Our 23,000 diverse employees delivered combined pro forma revenue of $8.1 billion in 2023.