Construction project management covers a massive number of projects and there are all sorts of builds associated with it. Most people think of the housing market when they think of construction, especially single-occupancy homes, but that’s only a small fraction…
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Construction estimating is one of the most important parts when landing a construction project. Bid too high and you lose money, but bid too low and you lose the job. From equipment to crew members, construction estimates are one of…
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Construction projects can be very complex. You need money to buy materials, create blueprints, secure permits, rent equipment, pay for your crew and more. All these things cost money and take time. This is why you need to do thorough…
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It’s not easy for construction companies to make accurate budget forecasts. There are many variables to consider, from market to labor costs and always fluctuating prices. But creating a detailed budget is key to successful construction project management. One way…
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Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re…
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Managing construction projects is complex and stressful. You may stick to your schedule and budget, but if your project doesn’t meet quality acceptance criteria, then you’re not just going to upset your stakeholders; you might face down lawsuits. Quality means…
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Construction projects will never get off the ground without financing. Money sets the gears of construction management in motion. Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create…
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It can feel like the tasks never stop when you’re managing a construction project. Not only are there new ones to tackle, but some of the old ones may require a revisit. Maybe a stakeholder changed their mind on the…
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