Saturday, April 27, 2024
Construction businesses require a different approach to financial management than other companies. Due to the high-value contracts and long-term nature of many projects, accurate accounting is essential for these firms. For example, construction companies must track contract retainers, billing and invoicing cycles, and completion percentages based on their specific contracts. […]
Most of the construction projects put so much pressure on the contractors that they have to think of many ways by which they can complete the entire project by a specific date. Sometimes, the client asks the contractor to speed up the work and, in some situations, the client has […]
There are several steps to effectively develop enterprise construction project management software. Custom construction software is widely used to streamline the project management process for contractors, site managers, and owners. Of course, these solutions are vital to maintain a working budget, maximize quality, and keep teams on schedule. In fact, […]
Hoardings are one of the important parts of the safety procedures in any construction site. They play a vital role in informing the public and the site workers about any debris coming up in the nearby road. For the protection, safety, and possible risk reduction, they are an important tool […]
The competition in today’s construction industry is intense and firms are faced with the dilemma of how to increase their competitiveness. One of the best strategies that construction firms employ in order to adapt to an ever-changing world is to leverage technology. There have been many technological advancements in recent […]
AEC fraternity is aware that Building Information Modeling (BIM) enhances efficiency and users are bestowed with several benefits. BIM users have realized the potentials of BIM in form of cutting down on the rework by re-keying information into BIM ready 3D models or making changes on the construction site. However; […]
If you are in the construction business, you might have already known about the role construction ERP software solutions can play for your business. Such software solutions have already become integrated part of many construction business ventures and almost a majority of big names in construction business simply cannot think […]
From utilizing smartphones at work to using aerial drone for surveying purposes, the construction industry has seemingly gone though a revolution by embracing a number of high-tech trends of the modern society. Anyway, let’s take a quick look at the ways through which these technologies are reshaping the construction industry […]
Running a construction site takes a great deal of organisation. You need to be disciplined and highly in control insofar as looking out for things that can go wrong, and then mitigating the risks before things become a problem. There are a number of common gripes relating to the construction […]
Many people are not aware of what role project management plays in the construction industry. At the same time, construction companies around the world are spending huge sums of money on hiring the best people for this role. The right project management courses will certainly help those who plan on […]
Mobile technology has changed significantly over the last 5 years. Many devices are now at a price point where it’s feasible to allow everyone in the field to stay connected to the office at all times. There are so many ways small business can benefit from mobile apps. It’s interesting […]
A sudden, unexpected crisis can wreak havoc on a construction company, especially when the company in the middle of a major project or projects. The crisis might come about through the death or disability of a key manager, a defection from the company or other unanticipated cause. Employees will still […]