Construction challenges are nothing new. But the issues we’re now facing are different. Labor, materials, supply chain, and yes pandemics impact architectural construction business companies as much – maybe more – than contractors. One thing that never changes in any construction business is customer care. CX (customer experience) company Client Savvy notes if clients expect […]
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Think about how often and the variety of ways we use cellphone cameras. Camera information enhances personal and professional activities almost daily. Digital Imagery for Construction Industry Worksites If you’re using free satellite imagery to monitor project sites… Well, you get what you pay for. The technology is often outdated and unreliable. Digital imagery technology
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2022 will likely be one of the hottest years in recorded history. In June, thousands of cattle died from the extreme heatwave. A 67-year-old man ran out of gas and died as he sought road help. The temperature reached 123° that day. Working outside will be more dangerous this year. Construction safety is always a
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What’s in a word? A lot. You once had construction problems. Very real construction problems. But now you have challenges. A construction problem is an ordeal; a challenge is a call to arms. Grab your sword and begin problem-solving! Or challenge-managing. Identifying & Solving Construction Problems One of your problems is not enough time. Taking the
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What’s included in construction technology? It’s drones, real-time cameras, and safety wearables. It’s also business management: accounting, contracts, payroll, taxes, permit documentation, etc. The technology your business needs is available when you need it. This is a compilation of pain points that can be addressed with construction technology. Contributors include Autodesk, Procore, and Trimble. Cybersecurity
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Having construction expenses to manage at all is a relief after two years of wild on-again, off-again projects. It is the nature of our industry to have financial cycles, even when we’re working steadily. However, 42% of us pay our subcontractors before our customers pay us. Later, cost overruns nibble away at profits. If you
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The revolution of materials for new construction buildings is interesting, to say the least. And some hot ideas are emerging, like using molten lava bricks. Iceland has a lot of volcanoes. We know they rumble and occasionally spew fiery lava that is housed beneath the earth’s surface. One architect began contemplating better use of natural
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This information originates from the U.S. Bureau of Labor Statistics (BLS) data gathered from private and public construction industry sectors. It includes information from other sites.* Architecture billings – The ABI (Architecture Billings Index) benchmark for increased billings is 50, and in March 2022, it rose to 58. Inquiries and design contracts rose to 63.9
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Construction loans are short-term financing arrangements between a lender and a property owner. Homeowners can choose from several types of construction loans: Construction-only – This is a short-term, adjustable-rate loan. Construction-to-permanent – This loan finances construction and then converts to a mortgage loan. Owner-builder – These loans are only available to licensed contractor-homeowners or those
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