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
Cost overruns run large in the construction industry, leading to project delays, disputes, and financial losses. To mitigate these risks, the construction industry must implement robust costcontrol strategies. Value Engineering in Construction : Identify cost-saving opportunities that dont compromise quality or functionality.
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.
Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.
million per year in operating costs, and further reduce WSSC Water’s greenhouse gas emissions. 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
Reading Time: 2 minutes In an industry as quick as construction, costmanagement is everything. Rising material costs, labour shortages plus complex projects mean we need to be smarter with our budgets without compromising on quality. Simplified design: Simplifying complex designs without compromising integrity.
This includes invaluable commercial and contractual experience gained on iconic London projects, including The Leadenhall Building, One Hyde Park and The Francis Crick Institute. Vince Corrigan said: “We are delighted to welcome someone of Andy’s calibre to Keltbray.
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.
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.
The role of an Assistant Construction Manager is crucial in ensuring that projects are completed on time, within budget, and according to specifications. They play a vital part in the success of large-scale developments, from commercial buildings to residential complexes. Key Responsibilities of an Assistant Construction Manager 1.
By Looq AI Addressing the Challenges of Utility Vegetation ManagementManaging vegetation around America’s electric transmission and distribution infrastructure is crucial for ensuring uninterrupted power delivery. This funding underscores the importance of cutting-edge technology in enhancing vegetation management.
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. For more information about the new Potential Change Orders feature and other HeavyJob capabilities, please visit [link].
Working with some of the best Directors of Construction, architects, and project managers in the business, we understand that risk management is a core concern for our clients. This proactive approach reduces costly revisions and unexpected scope changes, helping to keep the project on track.
Let’s explore how advanced information management platforms are revolutionizing digital twins. Unlike twins in manufacturing or aerospace, AECO twins account for changing occupancy patterns and evolving urban contexts. It’s not enough to simply have a digital twin—the real value lies in how we use the information they provide.
Many Architects are embracing the WELL Building Standard (WELL) to address issues of human health and wellness. The importance of incorporating lifestyle into design does not stop at the walls of a building. Stormwater Management Protecting our natural resources in the built environment is a necessary balance.
By Mark Zweig Entrepreneurial firms adapt better to a changing environment, are better places to work, and build significant value over time that can be harvested. They adapt better to a changing environment. And they build significant value over time that can be harvested. Entrepreneurial firms grow.
When it comes to building design, the concept of mass walls plays a crucial role in providing structural integrity, energy efficiency, and moisture control. By identifying project specifications early, construction teams can optimize their use of high-performance building materials early project identification.
That scaffolding becomes the critical infrastructure necessary for crews to gain safe access to the site, change levels, and do all the work necessary to take a building from drawings to completion. Is it more cost conscious to purchase it given the length of time that the equipment is needed? What is the return on investment?
Off-site or industrialized construction methods potentially offer multiple advantages beyond a quieter jobsite and provide a path to build single-family homes much faster with a good framing crew. The bulk of the cost savings from Agorus’ method come from fewer days to build and the cost of labor required.
Hill is providing project and construction management services for One-Ninety including design review, contract administration, time and costcontrol, design coordination, and construction follow up.
Key Takeaways An Article 4 Direction is a legal measure that restricts permitted development rights, requiring property owners to obtain planning permission for changes that would normally be allowed without application. The primary purpose of an Article 4 Direction is to give local authorities greater control over development.
Protecting your commercial building goes beyond locking the doors. Security Alarm Systems Security alarm systems serve as your building’s first line of defense against unauthorized entry. When triggered, they alert security teams, buildingmanagement, and sometimes local law enforcement.
LOUIS, MO – Kwame Building Group has added three new members to its team including Kodey Lane-Norful and Likitha Kaki as Project Engineers and Diamond Spence as Project Administrator. Kodey Lane-Norful brings two years of industry experience having previously served as a Project Manager and Estimator. ABOUT KWAME BUILDING GROUP, INC.
Construction site security is critical to any building project. If developers and buildingmanagers want to ensure steady continuity all year round without any prevalent setbacks and minimal risks, they must ensure their site is equipped with sufficient security measures that protect valuable assets and maintain worker safety.
Reading Time: 4 minutes In the world of construction where every project required coordinated efforts, jobsite management software supports seamless operations and drives projects toward successful completion. Left unaddressed, these can transform into cost overruns, delays, and compromised security.
By Josh Rayburn Unpiloted systems continue transforming civil and structural engineering by improving efficiency, accuracy, and safety while empowering civil and structural engineers to controlcosts. An autonomous flying laser sensor makes scanning and capturing a building from the air easier.
Over the last 12 months, the European construction industry has undergone significant change. Here, Komastu Smart Construction experts offer insight on the biggest digital and technological changes set for the construction industry this year, and how to be ahead of the curve.
This includes expert utilization of advanced plumbing systems to enhance building performance. Their trailblazing efforts have significantly shifted the dynamics of the industry, providing cost-effective and reliable plumbing for businesses. Explore some of their game-changing strategies on Dan’s Plumbing youtube channel.
Others have pinpointed spiraling labor costs, inflation, and interest rate rises as major risks on the horizon. Traditional design-bid-build models where the burden of risk was principally shouldered by contractors are gradually giving way to more collaborative models where risks and responsibilities are more evenly shared.
Brad Robinson The latest installment of HDR’s Experts Talk interview series features Brad Robinson, HDR’s director of project controls, and Brandon Joy, HDR’s commercial management director, describing new tools that streamline the development of project dashboards to help leaders better deliver infrastructure.
The construction industry is shifting toward more efficient project delivery methods, and Design-Build has emerged as one of the most effective approaches. Unlike the traditional design-bid-build process, where design and construction are handled separately, design-build consolidates both under a single contract.
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.
Photo courtesy Intertek As building codes and standards evolve, the demand for airtight, environmentally friendly building enclosures increases among building owners, insurers, and design professionals. Air barriers are essential for maintaining the integrity and performance of building enclosures.
Environmental benefits are making an even stronger case for opting to use tents rather than the standard steel storage container both for new builds and major renovation projects. We can locate and access building materials quickly and quietly in the middle of the night during a remodel.
Last Updated on November 11, 2024 In today’s fast-paced construction industry, effective costmanagement is essential to protect profits and ensure project success. Rising material costs, labor shortages, and unpredictable project delays often result in costly overruns, putting project profitability at risk.
Cost overruns are a pervasive challenge in the construction industry. According to KPMGs 2015 Global Construction Survey , a staggering 69% of projects experienced cost overruns of 10% or more. Rabbet addresses this industry-wide issue by dramatically reducing cost overruns to less than 8.5%
Subcontractors, once seen as supporting players, are stepping into the spotlight, often controlling the rhythm of the project, the timelines, and in some cases, the client relationships themselves. While general contractors still wear the managers hat, the layers of specialization required in modern builds have shifted the dynamic.
The core of SQUARE’s success is offering technically sound and cost-effective solutions that guarantee the most rewarding results. As a main contractor working in a fragmented industry, SQUARE faces significant challenges when it comes to quality and costmanagement. SQUARE Engineering firm was founded in 1992.
Toll Brothers is acting as managing member and development lead for the project, overseeing approvals, design, construction, and sales. Vista Pointe represents a rare opportunity to build a luxury waterfront community with outstanding amenities and unparalleled views of Manhattan.
Armstrong Fluid Technology announced that they will join other industry-leading organizations in helping create the world’s first 100% digitally-enabled building and research facility. The two-story building will have a fully integrated IT system connecting all building elements together that can be controlled by apps.
Recent estimates put the cost of rework at around 5 percent of total project costs, and also suggest it accounts for more than 30 percent of all work on site. Whilst this is all well and good, it comes at a time when labor shortages are escalating, construction costs are rising, and the climate crisis is heating up.
HDR’s Construction Management Team Helped Deliver Landmark East Link Light Rail Extension Project The initial segment of Sound Transit’s 2 Line began operations April 27, the product of more than a decade of work to improve transit connections between Seattle, Mercer Island, Bellevue and Redmond. The Bellevue-Redmond segment of the $3.7
However, the digital revolution is finally making its mark, and Construction Document Management Software (CDMS) stands at the forefront of this transformation. At its core, Construction Document Management Software acts as a centralized hub where all project-related files are stored and organized.
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
By Garrett Harley, Product Marketing Director, Oracle Construction & Engineering As the world pivots into a new, AI-powered future, many industries are changing rapidly to accommodate new tools and new capabilities. It is inclusive of all team members, and unites the critical path (in the CPM schedule) with field task and risk management.
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