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Maximize Project Budgets With Value Engineering

Construction Business Owner

Maximize Project Budgets With Value Engineering. As the construction industry continues to endure the aftermath of the pandemic, project budgets continue to narrow, and preconstruction professionals are under more pressure than ever to make budgets go further. Main Image. project budget. Wed, 05/25/2022 - 12:30.

Budgeting 294
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Do You Know the Currency of the Field?

Construction Business Owner

ccapoccia Mon, 10/02/2023 - 12:26 Even today, some construction companies are reluctant to share information with the field employees — mainly, the budget figures. Do You Know the Currency of the Field? For a litany of reasons, “the office” is fearful of the superintendent or foremen possessing job cost information.

Budgeting 354
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Identify, Manage & Reduce Jobsite Hazards & Threats

Construction Business Owner

There are four main types of risk in construction: financial, safety, scheduling and legal. Effective risk management helps construction companies grow profits by ensuring projects are completed on time, within budget and without incident.

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2022 Construction Cost Changes

Construction Business Owner

Budgets have gone through the roof. Main Image. The construction industry has never seen anything like the past two years — and it’s showed in the cost of construction work. Projects have been halted by material scarcities. And the shelf life for bids and estimates has dropped from weeks to days. Business Management. Sponsored by.

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Construction needs longer public sector spending plans time horizon

Construction Law

Much remains unknown about how exactly the new Labour government will respond to the challenges it faces, despite having declared in its general election manifesto what its main targets for improvement, or ‘missions’, are. Some uncertainties will be removed in the Chancellor’s first Budget in October. Others will no doubt remain.

Plans 52
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Managing Supply Chain Disruptions in the Construction Industry

Construction Business Owner

Begin this assessment by asking yourself four main questions. How is your budget holding up under the prices of the raw materials and labor you’ve been choosing? If your budget allows for it, buy raw materials ahead of time and store them until you’re ready to use them. Main Image. Which suppliers are you relying on?

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Budget Forces Maine To Defer Multiple Road, Bridge Projects

ENR Construction

Rising costs will force the Maine Dept. of Transportation to cut multiple road and bridge projects from its $393-million work plan for 2019.

Maine 28