Key Takeaways: Natural materials and innovative coatings can absorb airborne pollutants and improve indoor air quality. Self-tinting glass can reduce a building’s HVAC and lighting energy use by 20%. Self-healing concrete incorporates limestone-producing bacteria or...
Asset management helps construction companies maximize the use of their equipment and tools while mitigating the risk of unplanned downtime and financial losses. Businesses that successfully manage their assets reap the benefits of streamlined workflows and extended...
Key takeaways Design flaws, management missteps, and political interference made airport construction a notorious example of mismanaged projects. Projects like the Sydney Opera House and the Montreal Olympic Stadium went far over budget due to poor planning, complex...
Key Takeaways: There’s no universal benchmark for construction profitability; average profit margins must be viewed in context. To boost profitability, companies must consider various internal and external factors. Continuous improvement and adopting the right...
Key Takeaways: Identifying all potential risks is the foundation of any construction risk management plan. Prioritizing risks based on their likelihood and impact allows construction companies to focus on the most critical threats first. Ongoing monitoring and regular...
The construction industry is filled with risks and uncertainties. Different issues can arise at all times, so every business looks for ways to anticipate risks and minimize their impact. Vigilant risk management is essential in these efforts, which means that being up...
