Remove Cost Control Remove General Contracting Remove Risk Management
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What is ‘General Conditions’ in a Construction Contract: Key Components Explained

Building Radar

Understanding the term “”general conditions”” is crucial for all parties involved. These conditions lay the groundwork for how a project will be managed, defining the responsibilities and expectations of both the client and the contractor. What Are General Conditions?

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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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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project.

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Autodesk Build Brings Multi-Currency to Cost Management 

Autodesk Construction Cloud

With the possibility of materials pricing rising, especially in today’s market, this presents risk due to currency exchange rate fluctuations. . Managing the procurement process and properly tracking costs with international suppliers is critical to help mitigate risk. As actual (realized) costs come in (e.g.,

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Understanding the Essential Insurance Requirements for Construction Projects

Building Radar

Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors.

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How Blockchain is Revolutionizing Construction Supply Chain Management

Building Radar

With its decentralized and secure nature, blockchain offers significant improvements in supply chain management, enhancing transparency, efficiency, and trust among stakeholders. For more in-depth understanding, refer to this article on blockchain and supply chain management.

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The Simple Guide to Repair, Renovation, Construction Cost Control

Job Order Contracting

Repair, Renovation, & Construction Project Cost Management. LEAN Processes Embed Transparent Costs and Project Cost Management Project cost management and efficient project delivery are core capabilities enabled by the OpenJOC(TM) Job Order Contracting (JOC) Solution.