Building Radar

JULY 17, 2024

In the construction industry, procurement plays a crucial role in project success. Efficient procurement strategies can lead to significant cost savings, timely project completion, and overall enhanced productivity. Explore more about the benefits of procurement software on GetPowerplay.

Procurement 52

Procurement Building Performance Measurement Risk Management Building Optimization 52

Building Radar

AUGUST 29, 2024

Effective procurement negotiation strategies are crucial for success in the construction industry. From securing high-quality materials at competitive prices to establishing strong relationships with suppliers, procurement teams have a significant impact on the overall cost structure of a construction project.

Procurement 52

Procurement Building Performance Measurement Building Materials Manufacturing Building Materials 52

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.,

Procurement 75

Procurement Lean Construction Stakeholder Engagement Project Management 75

Building Radar

AUGUST 13, 2024

Effective procurement is vital for project success. Construction procurement analytics and insights play a crucial role in optimizing the supply chain, ensuring that materials and services are acquired efficiently and cost-effectively. This includes evaluating supplier performance, tracking costs, and assessing procurement processes.

Procurement 52

Procurement Building Optimization Building Automation Building Materials 52

Building Radar

JULY 16, 2024

Adopting lean principles in procurement is becoming increasingly vital for achieving operational excellence, reducing waste, and enhancing project outcomes. This article delves into the fundamentals of lean construction procurement techniques, their benefits, and how they contribute to streamlined project management.

Lean Construction 52

Lean Construction Procurement Building Optimization Material Storage 52

Roads Online

OCTOBER 15, 2023

Reveal’s team compiled information from various sources, including road corridor managers and utility providers to ensure the data was up to date. By highlighting unknowns and higher-risk areas, the model allows for targeted investigations and utility relocations planning. To read the magazine, click here.

Risk Management 94

Risk Management Project Management Public Works Procurement 94

Building Radar

AUGUST 5, 2024

Procurement plays a crucial role in determining project success. With rising material costs and tighter schedules, optimizing construction procurement strategies is essential for enhancing efficiency and reducing costs. Effective procurement is vital for managing costs, ensuring quality, and maintaining project timelines.

Procurement 52

Procurement Building Optimization Building Materials Manufacturing Building Automation 52

Roads Online

JUNE 15, 2023

According to Chung, these challenges are often compounded by companies who have inadequate governance and risk assessment processes. Managing these relationships, coordinating activities and addressing potential conflicts or delays can be challenging. Delays, cost overruns or client disputes can impact cashflow and profitability.

Risk Management 73

Risk Management Project Management Consulting Project Management Change Management 73

Wrench

MARCH 5, 2024

The value of procured items in EPC (Engineering, Procurement, and Construction) projects can vary depending on project specifics, but typically, it ranges from 60% to 80% of the total project cost. Trying to manage them manually is difficult and complex.

Procurement 52

Procurement Schedule Management Cost Control Project Management Consulting 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.

Procurement 52

Procurement Project Management Stakeholder Engagement Risk Management 52

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?

Risk Management 40

Risk Management Construction Management Cost Control Project Management 40

Job Order Contracting

NOVEMBER 11, 2020

It’s important to consider the business and risk implications when deciding how to procure JOC Programs, regardless of the vendor. JOC Program Procurement requires business and risk management considerations for current and new implementations. The post JOC Program Procurement appeared first on 4BT.

Procurement 96

Procurement Risk Management 96

Civil + Structural Engineer

APRIL 25, 2023

The latest research from McKinsey & Company (McKinsey ) emphasizes that procurement in construction companies will play a pivotal role as they navigate uncertainty and aim for sustainability targets. The insights come as McKinsey publishes its latest report: The strategic era of procurement in construction.

Procurement 130

Procurement Sustainability Building Materials Project Management 130

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. .

Procurement 92

Procurement Safety Regulations Lean Construction Risk Management 92

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.

Project Management Consulting 246

Project Management Consulting Risk Management Schedule Management Project Management 246

Construction Enquirer

JULY 5, 2023

Standards body BSI haslaunched a new whitepaper on how to minimise risks in infrastructure projects. Experts suggest that a better approach to scope development and managing risk and contractual change could save up to £25bn a year on projects.

Project Management Consulting 205

Project Management Consulting Infrastructure Development Risk Management Procurement 205

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.

Integrated Project Delivery (IPD) 87

Integrated Project Delivery (IPD) Procurement Lean Construction Schedule Management 87

Construction Placements

JANUARY 21, 2024

How to Enhance Procurement in Construction Management Learn effective strategies and best practices to improve procurement processes in construction management. The post How to Enhance Procurement in Construction Management appeared first on ConstructionPlacements.

Procurement 52

Procurement Construction Management Risk Management Sustainability 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.

Procurement 52

Procurement Project Management Contracts Risk Management 52

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.

Procurement 52

Procurement Building Automation Quality Assurance Risk Management 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.

Procurement 52

Procurement Public Works Risk Management Infrastructure Development 52

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.

Procurement 59

Procurement Risk Management Building Design Facility Management 59

Building Radar

SEPTEMBER 4, 2024

In the construction industry, supplier relationship management (SRM) is vital for the successful delivery of projects. The ability to effectively manage suppliers can directly impact a construction project’s timeline, budget, and overall quality. Key Components of Effective Supplier Relationship Management 1.

Construction Management 52

Construction Management Risk Management Building Performance Measurement Building Materials Manufacturing 52

Construction Law

FEBRUARY 1, 2024

Public procurement in the UK is a mess. He stressed the need for better practice in delivering major projects, more efficient maintenance and improvement of assets and more professional procurement. If overspends emerge, it’s likely that they will be too large for the host department to manage.

Procurement 40

Procurement Government Works Infrastructure Development Public Works 40

Construction Dive

FEBRUARY 5, 2015

By Bruce Jervis It is understandable, and laudable, that public entities at all levels of government are experimenting with alternative methods of procuring construction services. Frequently, however, these methods clash with longstanding public procurement practices and procedures.

Procurement 133

Procurement Risk Management Contracts Construction Management 133

Rapport3

NOVEMBER 21, 2023

To make sure profits stay steady and grow, it's crucial to manage increasing costs for materials, labour, and operations. By considering inflation and market changes, firms can create more realistic budgets, reducing the risk of underestimating expenses. Simplified Procurement Processes Rapport3 streamlines procurement.

Architecture 104

Architecture Risk Management Cost Control Material Handling 104

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. C ollaboration, not competition, delivers best value and benefits. Attitudes & Behaviors.

Procurement 60

Procurement Risk Management Building Materials Project Management 60

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).

Procurement 52

Procurement Estimating Schedule Management Government Works 52

Construction Law

AUGUST 3, 2021

The fact that the question had to be asked whether any contingency plans existed is perhaps telling – it confirms that there was no central oversight of the amount of projects that were being entrusted to one company, which suggests a lax attitude to risk management. Nick Barrett.

Procurement 52

Procurement Government Works Public Works Risk Management 52

Civil + Structural Engineer

JULY 31, 2024

This integration, developed by Léo Salvador of Ingeloop , revolutionizes how design teams manage and collaborate on issues within complex projects. It addresses the critical need for seamless communication and issue management in large-scale, complex projects where multiple teams and disciplines must work in harmony.

Collaboration 100

Collaboration Building Information Modeling (BIM) Project Management Risk Management 100

Civil + Structural Engineer

MAY 11, 2023

HDR’s services include track, transit systems, traffic, architectural and other civil design; procurement support; public engagement and operations. The project will use the construction manager at risk delivery method. HDR is an industry leader in modern streetcar planning, design and program management.

Risk Management 246

Risk Management Project Management Facility Management Public Works 246

Job Order Contracting

OCTOBER 17, 2023

Effective public sector construction project management requires an understanding of the requisite role of owners as stakeholders. Sustainable Facilities Management “A project is a temporary endeavor undertaken to create a unique product or service.

Project Management 82

Project Management Construction Management Stakeholder Engagement Risk Management 82

Civil + Structural Engineer

MAY 3, 2024

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

Change Management 130

Change Management Schedule Management Project Management Electrical Systems 130

Building Radar

JULY 30, 2024

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.

Construction Management 52

Construction Management Building Materials Manufacturing Building Automation Risk Management 52

Job Order Contracting

FEBRUARY 12, 2020

LEAN construction planning, procurement, and project delivery can consistently drive significant improvement over traditional methods. People – With the appropriate levels of owner leadership and competency, all participants can work within an atmosphere of mutual trust and respect and share both risks and rewards.

Lean Construction 59

Lean Construction Integrated Project Delivery (IPD) Procurement Risk Management 59

Civil + Structural Engineer

APRIL 10, 2024

CMAR enables the owner, contractor, and engineer to align and work in partnership from early engagement through construction delivery, providing the best outcome for the client, community, and stakeholders.

Stakeholder Engagement 263

Stakeholder Engagement Infrastructure Development Project Management Public Works 263

Job Order Contracting

MARCH 3, 2020

Robust LEAN construction planning, procurement, and project delivery tools and services are readily available. Various forms of LEAN construction planning, procurement, and project delivery have a track record spanning as long as decades and include integrated project delivery, IPD, LEAN job order contracting, JOC, and alliance contracting.

Lean Construction 60

Lean Construction Integrated Project Delivery (IPD) Procurement Building Performance Measurement 60