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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337
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How To Improve The Management Of Construction Site Inventory

Construction Marketing

Site inventory management is a crucial part of any construction business. Inventory management software (IMS) offers a couple of features that help keep businesses on top of their resources. Keeping track of inventory storage is especially tricky as a surplus of resources ends up bloating your budget while taking up valuable space.

Inventory 271
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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality.

Schedule 164
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Effective Marketing For Diverse Construction Job Categories

Construction Marketing

That said, this article will unravel strategies that resonate with professionals, from those who meticulously plan projects to those who wield the tools on-site. Coordinate and communicate with various stakeholders, ensuring projects are completed on time and within budget. Ensure compliance with electrical codes and safety standards.

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Commercial Construction Project Management Trends: How to Survive the Incredible Shrinking Timeline

HardHatChat

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

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Construction Resource Management: Tips and Tools for Success

Autodesk Construction Cloud

Staying on top of construction resource management is an absolute must. With today’s increasingly complex projects and tighter-than-ever timelines you simply can’t afford to misallocate the resources you have at your disposal. What is Construction Resource Management? Tracking and optimizing the use of resources.

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How construction companies can leverage the power of data

Lets Build

In an industry where large chunks of our budgets are spent on labour and materials, we benefit from every opportunity to decrease our costs, improve our efficiency, and minimise our material waste. When workers aren’t engaged in their on-site and off-site activities, it costs you money and resources that you could spend elsewhere.