As with most multi-phase processes, commercial real estate capital and construction projects benefit enormously from diligent planning. As a matter of fact, considering the long timelines and large cost of projects, real estate owners owe … about Preparing Bid Documentation and Bid Forms for Projects [CHECKLIST]
Business
McKinsey Finds Staggering Increase in Construction Cost Overruns
A recent report published by global consulting firm McKinsey & Company reveals some troubling facts about the health of the construction industry. Across sectors and asset classes, large projects are taking longer than anticipated and … about McKinsey Finds Staggering Increase in Construction Cost Overruns
The Most Effective Bid Template for Construction Projects
While capital projects and construction projects can range from a simple painting job to an entire roof replacement, a real estate owner’s goal is always to increase the value of an asset or to make … about The Most Effective Bid Template for Construction Projects
Getting the Best Construction Bids from Your Contractors
When you open up your latest construction project for bids, plenty of vendors will likely respond but the quality of their bids will vary dramatically. From finding missing information to reworking line items for easier … about Getting the Best Construction Bids from Your Contractors
Working on Live Construction Sites And What It Can Teach You
Vancouver's Expo 86 commercial construction boom is more than 30 years and is in need of updating. These downtown projects—known as live sites—offer a new level of complexity.
Australian Construction Forecast for 2020
Major residential construction have trended downward in recent months. However, the latest Australian Construction Industry Forum (ACIF) market forecasts show there is still cause for optimism in 2020. This is partially due to millions of … about Australian Construction Forecast for 2020
7 Construction Business Tactics Your Competitors Don’t Want You To Know
Every construction business owner can learn a lot from competitors. Your main competitors are those you compete with head to head. But merely copying them won't do. You will just always stay one step behind. … about 7 Construction Business Tactics Your Competitors Don’t Want You To Know
Getting on Top of Fraud in the Construction Industry
Falsifying payment applications, covering up the purchase of personal items, diverting money to a phantom company, taking material from the work site for personal use, or using lower-grade material are just some issues plaguing the … about Getting on Top of Fraud in the Construction Industry
The Cost of Rework and How to Prevent It
Procore is revolutionizing field management with the only drawings and specifications tools integrated into a project management platform. With Procore, design and build teams cannot only review digital drawings on desktop and mobile devices, but … about The Cost of Rework and How to Prevent It
Deepen Collaboration and Relationships Through Lean Construction & Design
History of construction is one of conflict. Traditional delivery methods use contracts to pit one participant against the other; or one participant against the many. The goals are to make the highest profit and pass … about Deepen Collaboration and Relationships Through Lean Construction & Design
