Construction projects usually involve a lot of money, legally binding documents, and stakeholders with specific interests. It is, therefore, no wonder that disagreements and misinterpretations that lead to disputes are bound to happen. Since construction projects...
Over the past couple of years, construction businesses have faced various challenges as a consequence of the pandemic—from supply chain issues and rising energy prices to construction material and labor shortages. As a result, many construction companies are now...
It’s safe to say that tracking costs in construction projects is one of the most demanding tasks that contractors and project managers face in their work. With so many different sources of expense information, and so many people involved in cost monitoring and...
Construction businesses are constantly concerned with allocating proper amounts of the company budget to vital items such as employee salaries, equipment maintenance, and office overhead costs. It can be difficult to find ways to keep costs down, especially when...
Supply chain issues are traditionally a challenge for construction products, but the perfect storm of the COVID-19 pandemic, rising inflation, and a universal labor shortage have conspired to create a logistics network nightmare. Project managers and suppliers...
