Buildern

MAY 20, 2025

Construction profit margin vs. markup is one of the most misunderstood financial concepts in the industry. Understanding how to calculate profit margin and markup correctly is essential to pricing jobs effectively and running a profitable construction business. What should I charge to hit my margin? That means your profit is $20,000.

Project Management Consulting 52

Project Management Consulting Cost Control Building Performance Measurement Project Management 52

iField Smart

MAY 4, 2025

Reading Time: 4 minutes As-built documentation holds high significance for construction projects of any size or complexity. It thoroughly captures various changes made against planned design during construction. Consider As-Built document as guides to what was not intended to be constructed vs what is actually constructed.

Building Information Modeling (BIM) 52

Building Information Modeling (BIM) Building Code Compliance Building Automation Building Performance Measurement 52

UK Construction Blog

MARCH 26, 2025

The post Top 10 Construction Defects: Prevent These Costly Building Mistakes appeared first on UK Construction Blog. Key Takeaways Construction defects commonly stem from design deficiencies, poor workmanship, substandard materials and inadequate quality control, potentially reducing property values by up to 25%.

Electrical Wiring Installation 52

Electrical Wiring Installation HVAC System Installation Fire Protection System Installation Plumbing Systems 52

Buildern

MARCH 6, 2025

Have you ever wondered what keeps the construction project on track, ensuring that everything goes as expected? A construction site inspection checklist is essential for any construction project. A construction site inspection checklist is essential for any construction project.

Inspection 94

Inspection Quality Control Environmental Impact Assessment Safety Regulations 94

Construction Specifier

APRIL 27, 2025

By Tim Cullen and Tom Bagsarian Photos courtesy Encon United Much attention has turned to data center construction, not only in the United States, but throughout the world, as technology companies strive to find facilities to house the infrastructure needed as artificial intelligence (AI) becomes more prevalent.

Building Materials Manufacturing 64

Building Materials Manufacturing Structural Systems Flooring Systems Wall Systems 64

CCR Magazine

AUGUST 6, 2024

Keeping tabs on your construction equipment can be a real game-changer. Whether you’re running a small contracting business or managing a large construction site, knowing where your machinery is and how it’s performing is crucial. It helps you save time, reduce costs, and improve overall efficiency.

Construction Equipment 52

Construction Equipment Schedule Management Construction Machinery Insurance Management 52

Construction Marketing

JANUARY 6, 2023

Less than 25% of stolen construction materials are returned to the company. To prevent losses for your construction business, you need intimate knowledge of the latest security trends. Are you ready to equip your construction site with top-tier security solutions? RFID Tracking For Tools. Going Keyless.

Site Planning 118

Site Planning Construction Equipment Cost Control Building Controls 118

PN - Project Management

FEBRUARY 28, 2024

"Construction equipment is often an essential component in construction projects. Working in a foreign country often presents additional challenges to find the right equipment." Frequently construction companies have to move construction equipment from one country to another country.

Construction Equipment 52

Construction Equipment Heavy Lifting Transportation Environmental Impact Assessment Insurance Management 52

UK Construction Blog

MARCH 4, 2025

The post Why I Chose a Tiny Container Home Over a Tiny House (Real Costs Revealed) appeared first on UK Construction Blog. The cost ranges from AUD$30,000 to AUD$300,000, based on specific modifications needed. You’ll see the actual costs and practical factors that shaped my decision. They cost between AUD 2,293.49

Ceiling Systems 52

Ceiling Systems Roofing Systems Structural Systems Wall Systems 52

Autodesk Construction Cloud

MAY 30, 2023

The latest research from Deloitte and Autodesk found that economic uncertainty was cited as the top challenge for Australian construction businesses. 61% of construction businesses reported that rising material and labour costs significantly impacted their financial viability.

Cost Control 52

Cost Control Risk Management Change Management Project Management 52

Construction Specifier

JANUARY 26, 2025

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.

Building Code Compliance 64

Building Code Compliance Building Performance Measurement HVAC System Installation Fire Protection System Installation 64

UK Construction Blog

MAY 8, 2025

Here’s What to Expect From Start to Finish appeared first on UK Construction Blog. Phase 1: Initial Planning and Feasibility (2-3 Months) Defining Your Vision and Requirements The extension process begins long before any construction takes place. The post Planning a House Extension? Are you adding bedrooms for a growing family?

Painting/finishing 52

Painting/finishing Electrical Wiring Installation Site Planning Building Code Compliance 52

UK Construction Blog

MARCH 12, 2025

The post Your Ultimate Storage and Bathroom Renovation Guide: Finding the Right Fit for Your Needs appeared first on UK Construction Blog. Thorough planning and a clear budget are critical for successful bathroom renovations, with considerations for fixtures, design, and project management.

Material Storage 52

Material Storage Plumbing Systems Quality Control Material Handling 52

Autodesk Construction Cloud

NOVEMBER 6, 2023

21 New Integrations for Autodesk Construction Cloud Construction companies produce an immense amount of data every day; but are firms actually leveraging this goldmine of insights? Today, only 20% of construction firms identify as data leaders, with the remaining 80% reporting either beginner or emergent levels of data capabilities.

Building Information Modeling (BIM) 118

Building Information Modeling (BIM) Building Code Compliance Project Management Building Permits 118

Autodesk Construction Cloud

JUNE 7, 2023

Plus, “as many as 86% of projects are found to exceed their initial estimate, each construction project costing an average 28% more than anticipated.” Blown budgets result from many reasons, from poor communication and missing data to scope creep to external factors like material price increases.

Estimating 98

Estimating Cost Control Project Management Consulting Budgeting 98

UK Construction Blog

JANUARY 29, 2025

The post Construction Budget Templates: A Complete Guide to Project Cost Planning [2025] appeared first on UK Construction Blog. A construction budget template serves as your financial compass, providing a structured framework to plan, track and monitor all project costs effectively.

Budgeting 52

Budgeting Insurance Management Building Permits Cost Control 52

Autodesk Construction Cloud

FEBRUARY 9, 2022

Most construction professionals recognize the importance of integrations. According to JB Knowledge’s 2021 Construction Technology Report , 85% of construction professionals consider mobile integrations as either “Important” or “Very Important” when purchasing software.

Building Information Modeling (BIM) 98

Building Information Modeling (BIM) Schedule Management Project Management Risk Management 98

Autodesk Construction Cloud

JULY 13, 2023

.” This quote primarily relates to personal finance, but his advice also rings true in the construction industry. While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. Have a look below. It does matter.

Risk Management 98

Risk Management Project Management Consulting Insurance Management Cost Control 98

BDC Network

SEPTEMBER 26, 2024

5 lessons in water mitigation for mass timber projects 0 qpurcell Thu, 09/26/2024 - 12:08 Mass Timber Sustainability leaders from Skanska, RDH, and Polygon share five tips for successful water mitigation in mass timber construction. Here are five tips for successful water mitigation in mass timber construction.

Building Performance Measurement 98

Building Performance Measurement Quality Assurance Environmental Impact Assessment Quality Control 98

Autodesk Construction Cloud

JUNE 3, 2022

Construction documents help keep your projects organized and guide the construction process from start to finish. Having access to these construction documents puts information into the hands of the right people at the right time, so decisions can be made quickly and action can be taken to finish projects on time and within scope. .

Schedule Management 98

Schedule Management Building Permits General Contracting Project Management 98

UK Construction Blog

FEBRUARY 21, 2025

The post Read the Latest News on Lendlease’s Domestic Results, Redeveloping Castle Hill Primary School in UK, Extended Warranty Terms Affect Construction Processes, and UK Builders Start 2 Gw Subsea HVDC Cable appeared first on UK Construction Blog. commercial enterprise. million).

Warranty 52

Warranty Green Building Quality Control Infrastructure Development 52

UK Construction Blog

MAY 30, 2025

The post Construction Accounting Software: Boost Profitability & Streamline Financial Management appeared first on UK Construction Blog. For UK construction companies, CIS compliance features automate tax calculations and reporting, reducing administrative burden and minimising the risk of HMRC penalties.

Construction Management 52

Construction Management Building Information Modeling (BIM) Project Management Building Code Compliance 52

Construction Daily News

MAY 15, 2024

In today’s construction news , read about how having construction insurance is crucial for construction enterprises since they confront numerous dangers. Construction insurance covers a variety of claims, including customer injuries, employee lawsuits, incidents involving company vehicles, and others of a similar nature.

Insurance Management 52

Insurance Management Risk Management Project Management Consulting Construction Equipment 52

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contracts 88

Contracts Project Management Consulting Building Design Construction Management 88

Building Radar

AUGUST 29, 2024

In construction, understanding the difference between hard costs and soft costs is crucial for budgeting, project management, and overall financial planning. Both cost categories play a pivotal role in determining the total expenditure of a construction project, but they cover very different aspects of the process.

Insurance Management 52

Insurance Management Building Materials Manufacturing Building Permits Project Management 52

Job Order Contracting

FEBRUARY 20, 2023

The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price. Most Army and DoD JOC Program specify “RS Means” cost data. 5117.9001 Definitions.

Contracts 105

Contracts General Contracting Government Works Cost Control 105

UK Construction Blog

DECEMBER 3, 2023

The post How Construction Businesses Can Prepare For More Extreme Weather appeared first on UK Construction Blog. For construction firms balancing tight project deadlines already, more extreme weather brings costly delays and site damage risks needing urgent solutions. Get ahead of climate change consequences now.

Insurance Management 64

Insurance Management Heavy Equipment Manufacturing Building Resilience Site Planning 64

Levelset

SEPTEMBER 16, 2022

With the amount of money you invest in tools and equipment, it’s crucial to protect those assets no matter where you go. Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. .

Insurance Management 52

Insurance Management Construction Equipment Property Management Risk Management 52

Roads Online

JULY 21, 2024

Kobelco’s Heavy-Duty Crawlers, for example, are suitable machines for foundational and civil engineering works for construction projects. Both companies see eye-to-eye in this space, Troy Hand, Crane Sales & Pacific Islands Manager – TRT says. Troy Hand, Crane Sales & Pacific Islands Manager – TRT. As Hand explains.

Heavy Equipment Manufacturing 104

Heavy Equipment Manufacturing Heavy Lifting Transportation Quality Control Controls Manufacturing 104

The Korte Company

OCTOBER 9, 2018

It’s a rudimentary idea on the surface, but behind the veneer it’s clear that hotel construction projects have many moving parts. The key to success is optimizing a wide array of hotel construction costs associated with these projects. Understand hard costs in hotel construction. Labor costs are also complex.

Cost Control 68

Cost Control Building Controls Building Materials Material Handling 68

CCR Magazine

JULY 18, 2024

The construction industry is known for very low profit margins, with few companies being profitable enough to sustain expansion. Project management plays an important role in cost control and profitability of construction companies since it influences the cash flow of the business.

Project Management 52

Project Management Construction Management Schedule Management Project Management Consulting 52

Buildern

JANUARY 15, 2025

Tracking construction costs is a crucial aspect for builders. Builders who actively manage construction costs can save a lot of money while keeping quality high. There are certain strategies to deal with cost problems and ensure that construction projects succeed financially.

Cost Control 52

Cost Control Schedule Management Risk Management Quality Control 52

Autodesk Construction Cloud

JANUARY 11, 2024

The construction sector is no exception. According to Deloitte , AI and advanced data analytics technology could bring cost savings of 10% to 15% for construction projects. The impact of artificial intelligence is incredibly profound, which is why AI in the construction market is expected to be worth $151.1

Building Information Modeling (BIM) 137

Building Information Modeling (BIM) Project Management Consulting Building Automation Schedule Management 137

Jonas Construction

MARCH 20, 2024

Imagine overseeing a construction project where you’re unsure about the cost of materials, labor, and other overhead costs. This is where the role of accounting in construction becomes evidently crucial to the project’s success. In this blog: What does accounting in construction management do?

Construction Management 59

Construction Management Project Management Health Regulations Cost Control 59

Buildern

MARCH 26, 2025

Ever wondered where all the money goes in construction projects? Job costing in construction is the answer to this challenge. With such a dynamic and complex industry as construction involving countless moving parts, keeping track of so many things can be difficult. Table of contents What is Job Costing in Construction?

Project Management 52

Project Management Construction Management Cost Control Construction Equipment 52

CCR Magazine

MARCH 21, 2024

Construction costs continue to rise across the board — and tools, materials, and equipment must be protected on the jobsite,” said Robert Garber, CEO Sensera Systems. ” According to industry estimates, construction theft costs hundreds of millions of dollars a year.

Insurance Management 52

Insurance Management Risk Management Cost Control Project Management 52

Building Information Management

JANUARY 14, 2013

The cost to capture, store, and process information is falling to near zero… mass storage (terabytes) for everyone, and an increasingly plentiful supply of powerful cloud-computing based applications available as plug-ins. CEASEL’s focus is upon transparent construction cost estimating and efficient project delivery.

Building Information Modeling (BIM) 55

Building Information Modeling (BIM) Integrated Project Delivery (IPD) Cost Control Land Use Regulations 55