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Newforma Konekt Enhances Industry-Leading Cloud-Based AECO Project Information Management Solution with Innovative System for Critical Contract Changes

Civil + Structural Engineer

BOSTON — Newforma affirms its position as a leader in project information management software with an enhanced version of Newforma Konekt, the first truly collaborative cloud-hosted ecosystem for the architecture, engineering, construction, and owner (AECO) industry.

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Procurement Risk Management in Construction Projects: Strategies and Tools

Building Radar

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.

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What is ‘Contingency’ in Construction Budgeting: Managing Uncertainty and Risk

Building Radar

One essential aspect of construction budgeting is the inclusion of a contingency. This article will delve into the concept of contingency in construction budgeting, exploring its purpose, how it is calculated, and how it can impact a project’s success. Understanding Contingency in Construction Budgeting What is a Contingency?

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Climate Risk Management and Sustainability: Redefining the Future of Business and Construction

Construction Placements

Climate Risk Management and Sustainability: Redefining the Future of Business and Construction In our comprehensive guide, we delve into the critical elements of climate risk management and sustainability. From risks and opportunities to practical strategies, we've got everything you need to know.

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What is ‘Construction Management at Risk (CMAR)’: Understanding the CMAR Delivery Method

Building Radar

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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Top Construction Project Management Software for 2024

iField Smart

Top Construction Project Management 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.

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Future-proofing leadership

Civil + Structural Engineer

Leaders who can engage in these conversations transparently and constructively will build trust with their teams and stakeholders, creating a culture where innovation can flourish without fear of retribution or resistance. Understanding new levels of risk and mitigation. AI’s influence on risk management is profound.