A construction punch list comprises tasks and items that need to be completed or fixed before the project can be handed over. Creating an accurate punch list is essential in delivering a successful project. This step is performed last in the lifecycle of a construction project. This ensures that all work done can be reviewed […]
Navigating Budget Overruns: A Trade Contractor’s Guide to Profitability in Commercial Construction
There are many reasons why construction projects experience budget overruns. Construction project management software helps address these issues.
What’s Commercial Construction Management?
The construction industry has diversified into different types (and sub-types) over the years to meet demands put forth by population growth and business cycles. It would be wrong to suggest that construction is only about building new spaces. The intent defines the type of construction and in that regard, the intent to generate profit and […]
What’s Profit Fade and How to Avoid It
In general, the concept of profit fade determines whether a construction project will be successful in terms of profit by the time it is fully completed. It is a tool to self-evaluate a project during different stages of construction. This helps project managers understand how their gross profit margins are faring because profits estimated at […]
Minimize Construction Rework (and Maximize Profits) With Construction Project Management Software
Construction project management software centralizes data which can minimize construction rework and maximize profit.
Starting Your Own Construction Business? Here’s Why Construction Project Management Software Should Be a Priority.
When you’re starting your own construction business, construction project management software needs to be a priority. Here’s why.
What are Building Specifications in Construction?
In the construction industry, every project needs specifications that outline all the requirements for completion. Such detailed instructions are written beforehand to describe how different construction aspects must be handled for the project. This can include materials, standards, quality, labor, skills, equipment, etc. Building specifications must always be clear about how each construction activity must […]
What’s a Fixed Price Contract in Construction?
Establishing a pricing method is an essential part of the pre-construction stage of a project. Generally, contractors choose to use either a fixed-price contract or a contract with dynamic pricing. A fixed-price contract in construction is a pricing method that sets a total established price upfront for all construction-related activities undertaken during the project’s lifetime. These are […]
The Financial Impact of Workflow Inefficiencies on Construction Projects
Trade contractors can avoid the negative financial impact of workflow inefficiencies with the right construction project management software.
5 Stages of Construction Project Management Life Cycle
Every construction project contains several phases that require managers to carefully plan a roadmap from the point of inception to completion. Whether a client wants to renovate a single room, build an additional floor, or erect a looming skyscraper, each construction project can generally be broken down into five distinct stages that nestle multiple steps […]
Feature Hype: The Dangers of Overcomplicated Construction Project Management Software
Don’t fall victim to overcomplicated construction project management software and feature hype. It can distract trade contractors from the right software.
How Much Do Construction Project Managers Make
The construction industry is booming with high expectations (and growth) on the horizon for the upcoming decade. The United States is set to witness an estimated 4.5 percent increase in construction management jobs until 2032. Around 23,000 new jobs for construction project managers should be created during the said period, as noted by the Bureau […]
Ultimate Guide to Construction Project Management
Construction project management done well is one of the primary differentiators of construction businesses that thrive vs. those that struggle. While running a construction business seems straightforward and intuitive at first glance, aligning teams is particularly complex in this industry. Running a project well means ensuring people do the work on time and meet standards. […]
Construction Project Management Software Demystified: What Trade Contractors Need to Know
No need for trade contractors to be intimidated by construction project management software. Here’s how this user-friendly technology benefits your business.
Construction Schedule Types To Keep Your Project on Track
While all industries have different challenges when it comes to keeping projects on track, the advantages of scheduling in construction management are unquestionable. The construction industry has multiple schedule types that adapt to every project. However, All of them have a primary purpose: to help teams keep the project on track, aligning numerous stakeholders and […]