Remove Contracts Remove Cost Control Remove Risk Management
article thumbnail

Mark Wild radical reset plan to rescue HS2

Construction Enquirer

He also pledged to overhaul HS2 Ltd’s structure, and renegotiate supply chain contracts. Performance-related pay rises for senior managers and excutive bonuses relating to last year have been scrapped. Reset the supply chain – with new commercial terms to incentivise cost control.

article thumbnail

Sypro renews software deal with Transport for Wales

Construction Enquirer

Now entering its third term, the four-year agreement will see TfW using Sypro’s contract management software – a project oversight and collaboration hub designed to streamline contract management in real time – in support of its National Delivery Plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who Are the Key Players in a Design-Build Construction Project?

Wolgast Corporation

This collaborative approach unites design and construction experts under one contract, ensuring a cohesive process from concept to completion. Preconstruction Manager This team member plays a vital role in keeping the early stages of the project moving efficiently.

article thumbnail

The Complete Guide to Real Estate Construction Management

UK Construction Blog

The post The Complete Guide to Real Estate Construction Management appeared first on UK Construction Blog. The real estate industry is changing fast, and strong construction management is more important than ever. AI alone can lower construction costs by 10–20%. Phase 1: Project Initiation This is where the project begins.

article thumbnail

How Top Construction Firms Reinvent Cost Control

This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.

article thumbnail

Construction Project Forecasting for Better Budgeting and Scheduling

Buildern

When forecasting is done right, it turns raw data into reliable insight, helping builders manage risks and create more realistic and accurate estimates. Construction forecasting ties scope, budget, and schedule into a single manageable framework. Example Let’s say a project had an initial cost estimate of $1.5M.

article thumbnail

Construction Document Control: Why It Matters and How to Do It Right 

Buildern

It’s the paperwork, with all the contracts, drawings, safety documents, inspection forms, etc. Document management software fixes that by giving structure to the chaos. With this in mind, we’ll go deep into the essence of construction document control, explore the key challenges, and give you some practical solutions to manage them.