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How Your Team Can Learn From the Recent Crane Collapse in NYC ccapoccia Tue, 09/05/2023 - 10:18 July’s tower crane fire, and subsequent collapse, at a construction site on 41st Street in New York City (NYC) made for some exciting viral video content and a few days’ worth of local headlines. Just as quickly as it went viral, it faded away and will be another footnote in the ongoing story that is the Manhattan skyline.
In construction, a building’s exterior serves more than just an aesthetic purpose; it’s also about functionality. Cladding offers a harmonious blend of both visual appeal and performance. Cladding is a product of a variety of materials, including wood, metal, brick, vinyl, and composite, depending on the desired aesthetics and functional requirements.
In the business world, cash flow remains the lifeblood that keeps your operations running smoothly. Whether you're a start-up finding your feet or a seasoned business in the construction industry, managing and maintaining a steady cash flow can be challenging. But a few small changes can make a world of difference to your cash flow and overall revenue.
The U.S. housing construction sector is one of the country’s largest and most important industries. With billions of dollars invested in projects each year, the sector has a considerable impact on the economy and the lives of many individuals. As such, those involved in the industry need to understand the importance of risk management and […] The post Key Considerations For Risk Management In The U.S.
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
Recognition of the root cause of construction project failures is the first step towards improvement. Basically, a lack of understanding of work scope and the associated detailed work activities, processes, and resources are required as well as how these activities impact participants and stakeholders cause repair, renovation, maintenance, or new build projects to be late, over budget, or otherwise completed poorly.
Why You Need a Full-Charge Bookkeeper ccapoccia Thu, 09/21/2023 - 09:23 Construction business owners regularly ask me what their controller’s or bookkeeper’s job description should include. They know they must be able to generate an income statement (P&L), pay the bills, prepare payroll, collect receivables and take care of other accounting tasks.
This adaptive reuse trend is now extending to abandoned big-box buildings. With a number of traditional retailers closing locations or going out of business, they are leaving millions of square feet behind for redevelopment. Our first experience with this was turning an old Kmart into a mixed-use retail development. But from experiential retail, restaurants, and entertainment to fun and fitness , developers have recently gotten a lot more creative in their approach to commercial retail redevelop
The construction industry is a complex world, filled with many project management issues that can derail the successful completion of any project. Effective project management strategies must be implemented to ensure construction projects finish on time and within budget. Strategic resource management is an important tool in the project manager’s arsenal, allowing them to manage […] The post Strategic Resource Management In Construction Project Management appeared first on The Constr
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Objective, reliable, and veriable Construction Cost Estimates are critical to best value outcomes for all repair, renovation, maintenance, and new build activities. The estimating process begins with a comprehensive understanding of your project’s scope of work. A knowledgeable and well-trained estimating team is a key component along with a robust processes, procedures, a objective and granular local market construction task data. #1 Pre-Estimate Stage Reviewing Requirements Owner crea
Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. Thu, 10/26/2023 - 12:00 1:00 p.m. Central An accurate and timely Work-in-Progress (WIP) report is one of the most essential tools a contractor can use to optimize cash flow. WIP reporting provides construction companies with the insight needed to determine if active jobs are under-billed or over-billed allowing you to stay on top of every project and maximize profitability.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
At Autodesk, our goal is to help your teams work faster and smarter all year long. This month, we have more than 35 product releases across Autodesk Construction Cloud platform and products, including Autodesk Build, Autodesk BIM Collaborate, Autodesk Takeoff, ProEst, BuildingConnected, Assemble, and BIM 360. Click below to get the key info you need to know: Autodesk Construction Cloud Platform Autodesk Build Autodesk BIM Collaborate Autodesk Takeoff ProEst BuildingConnected Assemble BIM 360 Aut
Architectural design is a creative and complex process that requires careful consideration and expertise. It uses various materials, elements, shapes, and colors to create a stunning visual space. Architects use this creative process to make a structure that is aesthetically pleasing and functional. Architectural design has been around since the dawn of civilization and continues […] The post Architectural Design Trends: From Minimalism To Futurism appeared first on The Constructor.
The OpenBUILD(TM) Framework is a standardized approach to construction data collection that collates data on all public sector projects across all locations in a common format. Data is shared among both public and private sector audiences to leverage the latest methods and tools supporting optimal project planning, costing, procurement, delivery, and management.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Strategies for Achieving a Low Experience Modification Rate ccapoccia Fri, 09/29/2023 - 08:35 A low experience modification rate (EMR) benefits your business, so establish a safety culture to help lower your EMR.
Mistakes can be expensive in the construction business, and as an entrepreneur, although you'll know many of the regulations that apply to your business, there are so many that you can't possibly remember all of them. Depending on the type of contracting business you run, you could face laws regarding taxation, employment, product liability, premises liability, discrimination, health and safety, and various other regulations.
Construction sites are inherently hazardous workplace environments, with potential risks ranging from falling debris to dangerous machinery. As such, construction projects need to have effective hazard communication systems in place. Hazard communication informs workers about the safety risks and hazards associated with a construction project and provides instructions for avoiding them.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Sustainability and Efficient Facilities Lifecycle Management go hand in hand. While most of us are aware of the rampant economic and environmental waste associated with the repair, renovation, maintenance, and new construction of buildings and other physical infrastructure, few understand that solutions are readily available or have the will and commitment to deploy them.
4 Ways to Protect Your Jobsite From Severe Weather ccapoccia Mon, 09/11/2023 - 10:29 There’s a good chance severe weather has impacted your construction site in the last few years. Events like tornadoes, hailstorms, flooding and wildfires are worsening and happening more often. In fact, severe weather events exceeding $1 billion in damages have more than doubled in the past five years, according to the National Oceanic and Atmospheric Administration.
For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.
Not everyone knows construction accounting, and it is easy to assume all accounting is the same. Even if you have outsourced your financial functions, as a small construction business owner, having a solid understanding of critical financial concepts is crucial to work with your advisor and 'speak their language". This article outlines several essential concepts that every small business owner should know.
Designing for well-being, or improving the environment through careful thought and attention to detail, has become an important concept today. This is especially true when it comes to promoting mental health. Architectural landscapes, which are designed to provide mental and physical health benefits, are popping up in cities all over the world. What are architectural […] The post Designing For Well-being: How Architectural Landscapes Promote Mental Health appeared first on The Constructor.
Contruction failure factors are have been fully documented. Recognizing these causal factors and implementing available solutions can substantially reduce the number of failed projects, and more efficiently achieve other project objectives. The real area of befuddlement is why real property owners have not changed the decades old legacy of rampant economic and environmental waste plaguing the AECCO sector (AECOO – Architecture, Engineering, Construction, Owner, Operator).
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