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Understanding Design Defect Legal Liability

Construction Business Owner

As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase. Owners, contractors and designers must understand their potential liability for design issues on a project before the project starts.

Liability 172
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Safety First, Bidding Next: How Safety & Compliance Wins Contracts

Safety Services Company

If both have all the resources needed to complete a job, why does Bob continue to stand out? Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. Here’s where things change. Let’s look at why that is.

Safety 107
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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Insurance is perhaps the most important thing to arrange before starting a construction company.

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PSMJ Resources Blog: Collecting Effective Client Feedback

PSMJ Resources

Increasing a firm’s value to their clients improves client loyalty, referrals, profitability, marketing, staff performance and retention, and reduces liability. PSMJ Resources, Inc. Subscribe To PSMJ Resources, Inc. Importance of Human Resources. About PSMJ Resources. PSMJ Resources, Inc.

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5 Reasons to Turn Down a Project

PSMJ Resources

Every firm has its fee floor for profitability. Below this limit, the firm, by its nature, cannot produce profits, as it will automatically invest too many resources. Professional Liability Risk. Asbestos connected, hazardous waste, rehab and condominium projects may all carry high liability potential.

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PSMJ Resources Blog: Stress Busters for Your Project Team

PSMJ Resources

Satisfying clients, making a profit, hitting deadlines, meeting professional standards, and avoiding liability actions all create stress on A/E/C project teams. Project managers that master these normal stress inducers report lower turnover, higher productivity and profits, and increased work satisfaction among their team members.

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Construction quality management: Everything you need to know

Lets Build

That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. It also demonstrates a high level of competence, which will be appealing to past and prospective clients alike. Creating a plan.