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Home Prices Dipped Slightly in July, but Just How Low Will They Go? ldeakins. Wed, 08/24/2022 - 10:08. At the start of the year, it seemed impossible for home prices to fall from record highs, but as mortgage rates climb higher and buyers pull back, a downturn may be on the horizon after all. Home prices are rebalancing after two years of record appreciation, but experts say it may take some time for them to fall from current highs.
Different types of cranes are used in civil engineering construction projects. Cranes have an important significance in constructing the structure of the building. They are employed to raise and lower objects. Cranes are most often used in the lifting of heavy equipment in the construction area. Any work site that needs the lifting of materials […].
What to Look for When Shopping for Construction Estimating Software. Tips to help you choose the right estimating software. Greg Ragsdale. Thu, 08/25/2022 - 09:33. Estimating software has become a necessity for contractors looking for a faster solution for their estimating and bidding. Knowing where to start the search and what to look for is half the battle.
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.
Ceiling leaks occur when the building space above the ceiling is inundated with water or moisture, finally penetrating the ceiling. Leaks are observed as discoloration or dripping water through the ceiling. Ceiling leaks indicate a faulty plumbing system or an improper rainwater drainage system of the rooms above. This article discusses the possible ways to […].
Construction productivity solutions are readily available that integrate planning, procurement, and project delivery to consistently enable on-time, on-budget, quality outcomes with full financial visibility and compliance. “Procore”, “Revit”, (insert any tech) are not solutions. They don’t embed robust programmatic frameworks and current verifiable granular local market task data.
Construction productivity solutions are readily available that integrate planning, procurement, and project delivery to consistently enable on-time, on-budget, quality outcomes with full financial visibility and compliance. “Procore”, “Revit”, (insert any tech) are not solutions. They don’t embed robust programmatic frameworks and current verifiable granular local market task data.
Examining the Labor Shortage. Kathy Wells. Mon, 08/22/2022 - 16:04. “It feels like a perfect storm… A hurricane and a tornado, all rolled up into one.”. Dr. Rachel Sederberg didn’t mince words when describing the seriousness of the labor shortage in the United States. It’s long been a problem, and now it’s getting (much) worse. When the COVID-19 pandemic took hold in February 2020, there were 7 million job openings and 5.9 million unemployed people in the U.S.
The relative humidity represents the amount of water vapor in the air compared to the amount that air can hold. Relative humidity in concrete is one of the critical parameters that should be considered before laying a floor. If concrete contains high relative humidity combined with excess moisture, it can cause floor failures and subsequently costly […].
There are multiple learnings from JOC Program Audits ( see audit results ). Lack of direct Owner participation and leadership (versus using a third party intermediary/consultants) can result in higher overall costs, higher JOC Program administrative costs, lack of cost visibility and controls, and a potential for misuse/fraud. The use of localization factors (city cost indices, area cost factors) or economic factors (ENR, CPI…) does not provide adequate cost control or cost visibility.
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.
The Shifting Perspective of Rental Equipment. ccapoccia. Tue, 08/23/2022 - 14:32. Rental is a relatively young industry, and it’s continuing to grow each year, with more contractors renting than ever before. Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction equipment and small tool, is expected to grow by 11.1% to reach nearly $56 billion in 2022, according to the latest quarterly forecast released by American Rental Association (ARA).
Today, we want to discuss an often undervalued lean construction technique—the 5S methodology. Organisations worldwide are adopting 5S because it: Is relatively simple to implement and doesn’t require complicated training. Helps reduce and eliminate waste on construction sites. Increases everyone’s involvement in projects. Improves safety and reduces uncertainty.
Pool tiles are special tiles designed and manufactured to meet the durability, aesthetic, and maintenance requirements of wet outdoor environments. They not only improve the beauty of the pool but also affect its safety, durability, and maintenance requirements. The selection and laying of pool tiles are the two main activities involved in swimming pool construction. […].
LEAN Construction FACTS. Core principles of LEAN and LEAN construction predate TOYOTA and TPS. LEAN solutions that integrate People, Planning, Procurement, and Project Delivery and that are capable of 30%-40% cost savings are readily available. The following are NOT LEAN construction solutions, but span a variety of philosophies and/or individual components tools: LastPlanner System, Kaizen, Kanban, Value Stream Mapping (VPM), Construction Process Analysis (CPA), Five Whys, Pareto Analysis, 5S,
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.
Estimate Your Way in STACK. With 4 different ways to estimate, you’ll love using STACK’s cloud-based software. mhodges. Thu, 08/25/2022 - 11:17. Estimating is the backbone of a construction project, and it’s essential to get it right to win bids. After calculating material quantities with your takeoff, estimating adds costs to all facets of the project, from materials and labor to overhead and markup.
Early-age cracking is a temporary shortcoming that crops up as a result of a faulty design and construction process. Such cracks can be repaired properly if necessary actions are taken on time. They can lead to many non-structural and structural issues if not repaired properly, for instance, loss of aesthetic appearance of a concrete surface, […].
Here a list of the root causes of construction project variability resulting in 85% of ALL repair, renovation, maintenance, and new builds being… late, over budget, unsatisfactory to one or more participants or stakeholders, or otherwise economically or environmentally wasteful. Addressing the Root Causes of Construction Project Variability can easily result in 10 to 30 percent reductions in expected completion time and cost savings of 10 to 25 percent or more.
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.
All About the Individual. Kathy Wells. Tue, 08/23/2022 - 05:00. I just moved across the country into a house that’s been under construction during the pandemic. It was a challenging time for the builders, trying to make me feel connected to the process from 2,500 miles away. And it’s certainly been a challenging time to be the buyer, trying to follow the progress, understand my options and make decisions over Zoom.
There comes a time for every small business to raise its prices. While it may seem scary, remember that it's your job to keep costs fair for you and your customers. That means you have to charge prices that work for you and allow you to remain in business. Am I Not Charging Enough? Knowledge leads to profits and cash flow. What makes knowledge powerful?
Over the last few years, many architecture, engineering, and construction (AEC) companies have started to take a serious look at diversity, equity, and inclusion (DE&I) initiatives. While progress has been made, there’s still a long road ahead. . Building a sense of belonging is one aspect of the DE&I equation that often gets lost. Firms work so hard to attract diverse talent, they often forget it’s essential to foster an environment of real inclusion.
Improving public sector facilities life-cycle management is critical to the economy, the environment, and to our safety. What changes are necessary for improvements in repair, renovation, maintenance, and new build policy and practices are required? Can currently available alternative methods provide measurable improvement? What are the barriers to change in policy, practices, tools, and services?
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.
After Years of Construction Delays, Housing Completions Expected to Increase in Late 2022. ldeakins. Wed, 08/24/2022 - 11:59. A near record number of homes were started during the pandemic and ultimately delayed by constant supply chain disruptions, but two years later, those projects are finally being completed. Builders broke ground on a near record number of new housing units throughout the pandemic, but many were delayed by supply chain constraints, labor shortages, and inflated materials co
To support growing demand in the commercial vehicle sector, Nashville-based Bridgestone will create 380 jobs at its truck and bus radial tire plant in Morrison, TN. Meanwhile, Ventcon grows in Madison County.
After two years of online events, we’re thrilled to announce that Autodesk University will be back in-person and better than ever before! We’ve made sure to pack every hour of the event with opportunities for you to learn, grow, and connect. Whether you’re learning from experts in a dynamic conversation panel, rubbing shoulders with industry professionals at an evening reception, or learning about emerging technologies, there won’t be a wasted moment.
Introduction The low light situation is always a challenge for the indoor planting or gardener, Even plants that are well grown in outdoor shade tend to require more light. When … 20 Best Low light Houseplants | Top Low Light Indoor Plants | Indoor Plants For Low Light Read More ».
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.
Driving Forces of a Skilled Labor Shortage—and How to Overcome Them. ldeakins. Mon, 08/22/2022 - 09:57. The construction industry has battled a skilled labor shortage for over a decade, but pandemic-related challenges made recruiting new workers harder than ever before. A major labor shortage is rippling through the construction industry and creating new obstacles for companies building back from the pandemic.
Specialty contractors are at the front lines of delivering projects on time and on budget. However, they face unique challenges that frequently stand in the way of maximizing profits and productivity. Among them, the use of outdated and manual processes.
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