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Target Value Delivery (TVD) is a management practice that views the client’s values and constraints as an input to design aiming to minimise waste and maximise value [1]. In comparison to common design practice, TVD is a proactive approach that requires the following shift in paradigm.
5 Technologies the Modern GC Should Be Using in 2021. Alex Headley. Fri, 05/28/2021 - 07:30. People and material make up the lion’s share of a contractor’s overhead, so it’s no surprise that efficiently managing these is the best way for contractors to improve their profitability. Even in 2021, many general contractors (GCs) use analog solutions like paper and pen to capture and understand these costs.
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.
While we may all try our hand at a DIY project from time to time, there are certain projects that are just too complex for a novice to handle successfully. When it comes time to find a professional for a building job, we all want to find a good contractor to get the job done to the highest standard, and at a price that won’t break the bank. With so many contractors available, it’s hard to know who to choose.
Stuck & Going Nowhere. Alex Headley. Wed, 05/26/2021 - 07:20. Almost every construction company owner, president or manager is busy — they never have enough time to finish everything on their plate. They tend to take on too many duties. They don’t delegate. And they never have enough reliable employees to help pick up the slack. They view their stacked schedules, overworked temperaments and overfatigued bodies as badges of honor.
Stairs are integral to building design. Well-designed stairways can add value to any structure as it ensures users are safe and comfortable going up and down the steps. They also break up the monotony in modern buildings and even enhance their aesthetics. Apart from adding form and function to a building, it also serves as a cost-effective solution to move people and objects from one floor to another. .
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.
Conquering the Compensation Conversation. Alex Headley. Mon, 05/24/2021 - 07:30. Compensation can be an icky subject. While “icky” might be the least technical adjective to use, many business leaders feel their skin crawl as the topics of base compensation and bonuses enter the conversation. Employers feel that compensation is one of the main impediments to attracting top talent, while employees simply want what they feel is fair in the market.
The Maryland legislature has enacted and the Governor is expected to sign legislation that will take effect on June 1, 2021 establishing aggressive state tree planting goals and a host of other initiatives rooted in trees, all in an effort to respond to climate change. While other significant climate change legislation failed to pass in the just completed session, the Maryland Senate passed this House bill unanimously, finding that that “the restoration of trees remains among the most effective
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.
Nominate Your Company's Sustainability VIP. Special section recognizing the industry’s foremost leaders of sustainable practices & programs. Kathy Wells. Fri, 05/28/2021 - 15:52. Construction Business Owner (CBO) Magazine’s Sustainability VIP honor recognizes the efforts and ingenuity of those building a better future for the earth and its inhabitants.
How to: Management Tips to Keep Your Team Together. cbroderick. Mon, 05/24/2021 - 11:20. Your best employees need more than money if you expect them to stay and help build your business. Mark Hodges. Recently, a home builder asked me to help solve his biggest organizational challenge: keeping his best employees from leaving. He was facing “super high turnover” from other builders “cherry-picking my best people” and couldn’t understand why it was happening.
The Minnesota Investment Fund is turbocharging growth in the thriving medical device and biotech sectors in the Land of the Lakes. - Read: Minnesota: Building What Matters In The Land Of The Lakes at BusinessFacilities.com.
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.
The following is a guest article by SentrifForce. SentriForce is a leading provider of managed video surveillance. With intelligent, scalable, and effective security services, you can minimize risk and keep your assets secure. It’s a morbid statistic, but the construction industry experiences more workplace deaths than any other. With so many potential hazards, heavy-duty machinery, and power tools, it’s perhaps not surprising that serious accidents are relatively commonplace.
Major expansions by Shape Corp., Sugar Creek, and SentriLock will bring more than $55 million in investment to the Cincinnati region. - Read: Auto Supply, Food, Real Estate Tech Firms Bring 485 Jobs To Ohio at BusinessFacilities.com.
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.
Advancements in artificial intelligence, sensors, machine learning, and the Internet of Things and Assets are moving digital twin technology beyond the concept stage to where it is emerging as an invaluable lifecycle assessment and management tool for new and existing buildings.
For all project stakeholders, there has been a growing interest to see more collaboration and fewer conflicts in the design and construction process. As part of this interest, new methodologies have begun to emerge, including the Integrated Project Delivery (IPD) methodology.
Fact or Fiction: Debunking Theories Behind the Housing Shortage. cbroderick. Fri, 05/28/2021 - 09:26. Theories behind the highly competitive housing market range from years of underbuilding to sellers reluctant to list—but are all these reasons true or just speculation? John Burns Real Estate Consulting’s (JBREC) latest analysis tackles the popular rationales to see which are fact and which are fiction.
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.
Our clients are increasingly asking us how they can construct a carbon-neutral facility and accounting for the embodied carbon of construction must be part of the equation for any carbon-neutral project.
Sustainable Homes promotes a far better quality of life and involves less waste, higher responsibility, lower life-cycle environmental impacts, less maintenance, and a lot of utilization of eco-friendly resources. … Sustainable Homes | Eco-Friendly House | How to Build A Sustainable House Read More ».
Could Bamboo Be a Viable Alternative to Lumber? cbroderick. Thu, 05/27/2021 - 10:29. Utah-based builder Concord Homes is ditching traditional lumber and opting for bamboo for new-home construction. The reasoning goes farther than combating rising lumber prices, Concord Homes told KUTV. The builder wanted to use a mix of plywood and bamboo for some time because of its smaller impact on the environment.
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