Operating costs are a fact of life for construction business owners. And just as we begin to embrace one technology for managing construction costs, another technology becomes more viable. Cloud capabilities for managing construction costs have many advantages. Application integration – You go one place for one piece of data but somewhere else for another […]
11 Ways the Cloud Manages, Modernizes Construction Costs Read More »
The recent construction industry slump in nonresidential structures is blamed on decreased demand, labor shortages, and the rising costs of materials. During 3Q 2021, project owners began postponing projects. The spending dropped most noticeably in lodging and public safety construction industry projects. Other Factors Impact Temporary Construction Industry Nonresidential Slump There are other factors at
Construction Industry Sees Decline in Commercial Investments Read More »
Business travel for construction companies has changed in 2020. We couldn’t hop on a flight or drop-in anywhere without masking, social distancing, vaccination-proving, and concerns. The pandemic will eventually be over but there are threats of other contagious diseases for 2022. Virtual meetings and Zooms – things we did because we had to in 2020 – may
Is It Time for Construction Companies to Rethink Business Travel? Read More »
When the global consulting firm HKA released a report analyzing construction claims and disputes, many knowledgeable construction industry leaders were stunned. CRUX Insight is an annual publication and was released 3Q 2020. It reports “colossal costs lost to construction claims and disputes.” Causes of Construction Industry Claims, Disputes The analysis revealed “eye-watering sums of money
Construction Industry Disputes: How To Avoid Them Read More »
It’s confusing on its best day. The construction industry is promoting COVID vaccine policies for all workers. But the Occupational Safety and Health Administration is mandating vaccinations, and that isn’t sitting well with many construction companies. Employees must vaccinate or prepare to test weekly by January 4, 2022. OSHA’s COVID vaccine mandate would make all
COVID Vaccine Mandates Problem or Protection? Read More »
In 2005, the Call Before You Dig awareness campaign officially adopted 811 as the universal number for consumers to call to request information about utility lines on properties. Construction business owners are diligent about this, but the system’s failures have come home to roost. There are more than 100 billion feet of underground utilities in
Construction Business Excavations and Underground Utilities’ Inefficiencies Read More »
If you google “construction bidding,” you’ll get more software hits than Heinz has pickles. And that’s okay. Software is leveling the playing field for construction’s small business owners that want to win profitable jobs by making the most cost-effective bids. But if you’re a drywall contractor, do you really need to use the same software
New and Improved Construction Industry Bidding Read More »
We are making positive changes that will impact our industry for generations. We are grooming younger students for construction industry apprenticeships. Technology continues to dominate our development. It’s a good time to be a construction industry business owner. A construction business is still, after all is said a done, a business. Here are 7 contractor
7 Construction Contractor Tips for Newcomers Read More »
It’s critical to know how much a project will cost. Lately, that’s been more of a crapshoot than it should be, but construction business managers are finding innovative ways to guesstimate costs and when costs will hit the budget. Time-Phased Budgets for Construction Business Projects The challenges of cost-loaded schedules for construction business projects are
Construction Business Project Management: Cost Control Read More »
The time to address the labor shortage issues impacting your construction business was yesterday. But’s it’s never too late. We say on-the-job education and training are the advantages of a career in construction. But are you ready to put a plan in motion to train and develop construction business professionals for your company? Preparing Your Construction
Your Construction Business: Building Your Own Talent Pool Read More »
