Remove Building Performance Measurement Remove Estimating Remove Risk Management
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How to Calculate Labor Cost in Construction the Right Way [Key Formulas and Factors]

Buildern

While managing a small residential remodel or a large-scale commercial build, knowing how to calculate labor cost in construction the right way can mean the difference between hitting your margins and losing money. The full picture of labor costs is the first step toward building realistic and profit-conscious construction estimates.

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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Why Good Builders Don’t Always Make Good Estimators (and How to Bridge the Gap)

Construction Marketing

But heres something that might surprise you: not all great builders make great estimators. Building and estimating are simply two different skill sets. But when it comes to estimating, being a great builder is only part of the puzzle. Estimators have to think in terms of prediction and planning.

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A new risk landscape is reshaping owner-contractor relationships

Civil + Structural Engineer

By Steve Smith , EVP of Infrastructure at Graham Construction and Catie Williams, VP of Product Development at InEight A volatile risk climate worsened by ongoing reverberations from COVID-19, geopolitical conflict, and severe weather events is reshaping the traditional relationship between owners and contractors. Construction 4.0

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Best Practices for Financial Management in Construction Projects

Building Radar

Effective financial management in construction projects is crucial for ensuring profitability and sustainability in a highly competitive industry. With the complexity of construction processes, understanding construction financial management becomes essential for project success.

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Toll Brothers City Living® and Daiwa House Announce Joint Venture to Develop Waterfront High-Rise Condominium Community on New Jersey’s Gold Coast

Civil + Structural Engineer

Toll Brothers is acting as managing member and development lead for the project, overseeing approvals, design, construction, and sales. Vista Pointe represents a rare opportunity to build a luxury waterfront community with outstanding amenities and unparalleled views of Manhattan.

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Barrier breakthroughs: Achieving airtightness in modern construction

Construction Specifier

Photo courtesy Intertek As building codes and standards evolve, the demand for airtight, environmentally friendly building enclosures increases among building owners, insurers, and design professionals. Air barriers are essential for maintaining the integrity and performance of building enclosures.