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Time and Materials Contract vs. Fixed Price Contract
Fixed-price contracts are standard among B2B and B2C businesses, but not all services have a predictable cost. Sometimes you need the flexibility of a time and materials contract to charge for a service accurately. Do you know which one works best for your business?...
5 Ways Construction Information Systems Drive Construction
Materials and labor are the two most important inputs of any construction project. That’s why the pricing of these two ingredients plays a significant role in the overall construction cost. Every contractor aims to stay within the boundaries of their construction budget. Yet, without information systems, it is nearly impossible to achieve this goal. Although […]
10 Tips to Improve Productivity at Work in the Construction Industry
Improving productivity at work can be challenging no matter your industry. In the construction industry, it is imperative to provide accurate work. However, clients usually want their buildings and projects done as quickly as possible. This is why it's essential to...
Construction Project Management Software: What to Consider
This year the construction industry has had to pivot and adapt to challenges like skyrocketing construction costs and continued labor shortages. This has challenged and motivated the industry to reflect, innovate and reduce waste using solutions like construction...
How Technology in Construction is Revolutionizing the Industry
As construction demand continues to grow both at home and abroad, companies have to keep up. One way construction companies are addressing expansion is by adopting new technology in construction. There are so many different technologies available today. New technologies continue to force construction companies to evolve. How is technology in construction changing the way […]
7 Strategies to Reduce Labor Costs in the Construction Industry
More than 61% of the final sales price of a construction project goes to building costs. In general, the cost of labor and materials gets split 50/50, but in some residential homes, it's close to 30/70. With the median price of a new home around $363,300, labor costs...
10 Strategies for Successful Construction Project Management
If you embrace challenges, being fully responsible for the success of a construction project can certainly be invigorating. However, it can also be intimidating. After all, successful construction project management is not always easy to implement. Nonetheless,...
3 Tips for Understanding Millennials in the Construction Industry
Nearly a quarter of a million construction industry jobs in the United States are open, but most construction firms and contractors find it increasingly difficult to fill them. But what about the younger generation? Consider the challenge that most current laborers...
9 Ways to Improve Workflow Efficiency in Your Office
Approximately three hours of every eight-hour workday is wasted on unnecessary or personal tasks. This equates to 15 hours every week doing tasks that do not promote workflow efficiency. While you can’t cut down on every timewaster, you can take steps to manage and improve workflow efficiency procedures. This will cut down on employer-created workflow issues. […]
10 Steps to Improve Employee Productivity Tracking
The global pandemic has impacted varying industries around the world. The construction industry is no exception—a recent study considered how the pandemic has affected construction project productivity. Simply put, for a construction project to turn a profit,...
CONEXPO-CON/AGG 2020 | Las Vegas, NV
March 10-14, 2020 CONEXPO-CON/AGG is North America’s largest construction trade show. Held every three years in Las Vegas, this massive event features the latest equipment advances and newest technology applications in every aspect of construction. Don’t miss...