Executive summary. Most traditional bond rates have two variables in their cost: the contract value and the time threshold. Do not forget to include both […]
Executive summary. The management structure of sizable projects usually involves four major parties: the owner, the construction manager, the designer, and the contractor. Here’s how […]
Executive Summary. How many RFIs (requests for information) are too many on a construction project? Is it time, is it possible, to tie the number […]
Executive Summary. In the construction industry, there are three main tools used for scheduling. Pros and cons of Microsoft Excel, Microsoft Project, and Primavera P6 […]
By Scott Jennings, P.E. This article was originally published in CFMA’s Building Profits April 2019 Sometimes financial situations can cause a contractor to fail. But […]
Forecasting feeds the lifeline of the financial health of a company,” he says. “If owners and CEOs want to prevent profit fade during construction projects, they must equip project managers with sophisticated software tools that allow the managers to project costs accurately.
Letting, or bidding out, a civil construction project can be a challenge for an Owner. Questions inexperienced owners may have involved choosing an engineer, what […]