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The Budget Blueprint: Project Cost Control For Contractors

Contractor Bookkeeping

Did you know that 39% of projects fail due to budget issues? Managing a project budget is not just about numbers; its about ensuring your business is profitable. By understanding the essential steps of project budgeting, you can turn potential pitfalls into opportunities for success.

Budgeting 119
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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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All You Need To Know About Construction Project Management To Get Started

Construction Marketing

None of this would be possible without efficient and careful construction project management planning and construction managers. Construction project management plays a vital role in ensuring that all the buildings around us are built safely and on time. What does the construction project management team do? .

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Early Collaboration: The Key to Commercial Construction Risk Mitigation

HardHatChat

Over the past 20+ years, Englewood has completed over 2500 commercial construction projects in the retail, restaurant, hospitality, senior living, industrial, cannabis, and automotive sectors. From financial overruns to project delays, unexpected risks can impact budgets, timelines, and overall project success.

Risk 156
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Linking Program Management and Project Management – A Proven Construction Productivity Solution

Job Order Contracting

Linking Program Management and Project Management and enhancing this relationship aligns single projects to a robust programmatic approach to significantsly improve overall outcomes for owners, architects, engineers, and builders. 90%+ of all projects delivered on-time, on-budget, and per specification.

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Rethinking Traditional Construction Project Management—Part 1 of 5

Viewpoint Construction Technology

Editor’s Note: This is Part 1 of a five-part series on Construction Project Management. The lifeblood of any construction company is the construction project itself. How those projects are managed can make or break the company. Project Management Versus Construction Project Management.

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How project managers are using technology to ensure on-budget and on-time construction

Lets Build

The success of any construction project hinges on multiple factors, including budgeting and scheduling, which impact the project’s completion. In fact, most contractors usually add a 10% margin error into their budgets and timelines as a contingency. Note that 63% of projects fail due to poor communication.