Cost reporting in construction is a vital part of not only initial project planning, but ensuring that an entire initiative stays on track. The process helps to protect against cost overruns and provides a fallback position in the event of milestone delays. Moreover,...
Modern construction management is a highly complex process involving numerous phases, activities, and people. This isn’t surprising since construction projects are highly elaborate endeavors that need precise coordination. Only then can you ensure that your...
If you’re running a construction business, you’re already familiar with cost overruns and the effects they can have on the project budget and schedule as well as, ultimately, your bottom line. The question is not whether they’ll happen but how to handle them when they...
A highly successful construction manager always has the end goal in sight: delivering a quality project on time, within budget, and with all stakeholders and team members satisfied. For that to happen, construction managers need to form positive working habits that...
To get any construction project started, you’ll need funding. Every project procedure requires a certain amount of money, from materials and equipment procurement to worker payroll and permit acquisition. Yet, you have to be able to cover expenses as they come. Bad...
