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6 Ways the COVID-19 crisis will reshape the construction industry

Lets Build

The construction industry, along with all other sectors in the world, will never be the same because of the COVID-19 pandemic. A lot of industries have adopted remote work arrangements for the past few years already. The construction industry is still one of the least digitised sectors in the world, second only to agriculture.

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Are Your Hotel General Contractors Checked In or Out?

HardHatChat

We thought it might be a good time to check-in on the performance of the hotel industry and hospitality construction trends. Luxury stand-alone hotels in large urban areas, mid-market hotels geared toward business travelers and budget stay family friendly hotels have all helped boost the commercial construction industry this year.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

While many businesspeople swear by hard work and technical proficiency as the key ingredients of success, within the construction industry, there is a broader understanding that success is built on more than just structural expertise and hard work.

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100+ Construction Industry Statistics

Autodesk Construction Cloud

Construction industry statistics and data are playing an increasingly important role in the building sector. From measuring bid-to-win ratio, to how much a project is over budget or schedule, and KPIs , the more numbers you can put behind your work, the better. Undoubtedly, the construction industry is very complex.

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Improve Cash Flow Forecasting with Autodesk Construction Cloud

Autodesk Construction Cloud

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.

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Top 10 Contractor Mistakes

Viewpoint Construction Technology

Staying proactive during projects by recognizing pitfalls and taking appropriate steps to avoid them limits accidents, ensures budgets and timelines remain on schedule and creates a more positive work environment. But they also know that working smart helps limit issues.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. In addition to helping you benchmark your performance against your peers, equipping yourself with the latest industry stats can help shape your overall strategy. . State of the industry. Statista ].