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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. Competitively Bidding the Project.

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10 Budget Tips for DIYers

Construction Marketing

But, most DIY tasks fit into our busy schedules. Let’s now take a look at 10 budget tips for DIYers. The cost estimate is what will authorize a project’s budget needs and also help you in managing the costs. The post 10 Budget Tips for DIYers appeared first on Construction Marketing Association Blog. Create a List.

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5 steps to prevent common construction schedule delays

Lets Build

Construction schedule delays are a common problem within the industry and for a very good reason. As reported by McKinsey and Company, an average project in construction is expected to experience a minimum 20-month delay and an 80% budget overrun. You wanted to make a difference and deliver successful projects within time and budget.

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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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Your Blueprint for Efficient Construction Project Management

Learn how to integrate advanced tools that centralize budgets, schedules, and performance metrics. Take control of your construction projects with this comprehensive guide to modern project controls. Discover strategies to prevent overruns, predict risks, and optimize workflows using real-time data and predictive insights.

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Industry Statistics Show Benefits & Resistance to Lean Construction

Construction Business Owner

However, according to a recent study conducted by Dodge Construction Network for the Lean Construction Institute (LCI), most contractors are still only lightly engaged with lean, even though increased engagement leads to meeting budget and schedule and improved safety.

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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.

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Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

How progress tracking works with budgets and scheduling. How to incorporate digitalization into your current processes. What is the value of bringing digital transformation to your construction site. What is the importance of progress tracking in the first place. Don't miss out on our exclusive panel discussion!