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10 Questions to Help Determine Whether You’re a Great Manager ccapoccia Mon, 08/21/2023 - 08:29 Great management skills are more important than ever in today’s tight labor market. Businesses, large and small, must take steps to retain top-performing people and attract new ones. Dealing effectively with employees can help achieve just that. Management mastery, however, is not a one-and-done affair.
3D technology has revolutionized the construction industry. It has brought a whole new level of precision and accuracy to the construction process and has made it possible for architects and engineers to create more complex and intricate designs than ever before. Here are five ways in which 3D technology has helped construction: One of the most significant benefits of 3D technology in construction.
Ever dreamed of starting a family business? Investing in a franchise opportunity with friends? Businesses owned and operated by families can have incredible staying power. All family-owned companies, Volkswagen, Samsung, and Nike, are among the world's most successful, leading brands. Working with family and friends can be fun and rewarding, especially in the construction industry.
Work characteristics such as injuries and lack of paid sick leave directly impact substance abuse disorders, per a new CDC report, and deaths rose during the pandemic.
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.
At Fieldwire by Hilti, we understand that your construction projects contain confidential information, and being able to minimize the risk of data breaches is critical to your business. Between managing the progress of your builds and ensuring the smooth flow of communications between field and office team members, you are busy and don’t have the additional time to worry about potential threats to your data.
A Step-by-Step Guide to Choosing Your Second-in-Command ccapoccia Thu, 08/24/2023 - 09:33 The “think small” and “hire cheap” philosophies permeate many small- and medium-size construction companies where the owner is still involved in all aspects of the business. As companies evolve, oftentimes the tendency is to hire the lowest cost solution with only today in mind, versus keeping what you will need when your company doubles in size front of mind.
A Step-by-Step Guide to Choosing Your Second-in-Command ccapoccia Thu, 08/24/2023 - 09:33 The “think small” and “hire cheap” philosophies permeate many small- and medium-size construction companies where the owner is still involved in all aspects of the business. As companies evolve, oftentimes the tendency is to hire the lowest cost solution with only today in mind, versus keeping what you will need when your company doubles in size front of mind.
A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective. Primary data sources should be used whenever possible.
It’s a given that every profession has its own training timeframes. Quick research yielded 8-10 years for doctors, 2 years/1,500 hours for airline pilots and 12-14 months for welders. Can you guess how long it took to get a “forklift license” online? It took 23 minutes through one company and 32 minutes with another! We have a growing problem here in America with regards to safety and it’s likely killing and injuring people right now behind the scenes.
As the industry ramps up outreach, the number of computer and data science majors applying to construction jobs have doubled, according to a new report.
5 Things Contractors Should Know About the Infrastructure Act & the Inflation Reduction Act ccapoccia Thu, 08/24/2023 - 09:32 Together, the 2021 Infrastructure Investment and Jobs Act (Infrastructure Act) and the 2022 Inflation Reduction Act (IRA) authorized hundreds of billions of dollars for domestic infrastructure and energy projects — a bonanza for contractors.
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.
Characteristics of Best Value JOB ORDER CONTRACTING… Real proper owner capability, leadership, commitment, and accountability Integrated internal and external planning, procurement, and project delivery teams within a standardized programmatic process Clear set of objectives and workflows for the all aspects of the programmatic process – (Written Operations Manual/Execution Guides part of the multi-party agreement) Common data environment, inclusive of objective, current, granular lo
While aesthetics plays a crucial role in construction, sometimes the most impressive facilities aren't only those with the most visually stunning features. Often times they’re the ones that provide seamless and intuitive experiences for their users. This is especially true in transportation centers like airports, cruise ports, and terminals, where clear navigation and user-centric design are paramount.
Construction projects can be complex, with millions of dollars invested and tight deadlines. As a project manager, it’s up to you to execute the plans and ensure everything runs smoothly. How can you run a well-oiled machine and satisfy all of your stakeholders? Nowadays, you have a lot of tools in your arsenal to ensure your success. Here’s a guide to help you streamline processes and maximize efficiency.
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.
Here a listing of preconstruction prerequisites. Preconstruction determines what will be built and how it will be procured and delivered. A robust preconstruction process mitigates risk, virually eliminates change orders, ensures regulatory compliance, provide cost transparency, reduces project delivery times, and overall construction costs by 30%-40%+ vs. traditional methods. #1.
Ilke Homes collapsed owing £320m. The scale of the modular house builder’s debts can be revealed after the Enquirer saw a statement of proposals issued to creditors by administrator AlixPartners. Ilke went into administration in June after running out of money and failing to find a buyer for the business. Money owed to unsecured creditors was £249m with the vast majority – £226m – made up of inter-company debts associated with losses suffered by equity investors.
Carbon poses both a significant threat and a promising opportunity for contractors today. Companies that embrace lower-carbon strategies stand to gain a substantial competitive advantage, while those who are reluctant risk being left behind. Carbon Title, the company dedicated to decarbonizing every building, announced it has joined the Procore App Marketplace.
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.
Who doesn’t dream of having a private, tranquil oasis just beyond their back door? Turning a lackluster patio into a verdant retreat can help make that vision a reality.
Bradford based M&E specialist H Mitton has filed a notice of intention to appoint an administrator. Notices have also been served on group companies Mitton Mechanical Services, Mitton Electrical Services and Mitton Aftercare. Latest accounts filed at Companies House show the H Mitton group had a turnover of for the year to January 27 2022 of £33.7m generating a pre-tax profit of £583,000 while employing 312 staff.
The mall of the future 0 dbarista Tue, 08/22/2023 - 10:39 Shopping Centers There are three critical aspects of mall design that, through evolution, have proven to be instrumental in the staying power of a retail destination: parking, planning, and customer experience. This are crucial to the mall of the future. Anthony Sanchez, Design Director, Principal, and Josh Loree, Marketing Coordinator Retail Centers Shopping Centers Contractors Designers Designers / Specifiers / Landscape Architects Engi
Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
Derbyshire-based Collins Earthworks saw pre-tax profits nosedive to £4.7m from £16.8m previously as costs soared in the year to November 2022. The firm blamed the removal of the red diesel rebate in the face of rapidly rising fuel costs. Revenue at the business edged up 5% to £113m in the year while staff levels also jumped by nearly a third to 400.
ENR.com is the bible of the construction industry, providing news and features about projects, products and people in construction, architecture and engineering.
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.
The new standards would demand 91% efficiency from most tankless water heaters, while traditional tank-type heaters would only be required to increase their efficiency from 65% to 70%.
Plans for a £2.1bn subsea 2GW power link between Peterhead in Scotland and Drax in England have gained full onshore and offshore development consent. The Eastern Green Link 2 project will see the longest high-voltage direct current cable in the UK and is the country’s single largest electricity transmission project ever. Work can now start on the five-year-long mega project next year.
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