Job Order Contracting

MARCH 30, 2022

Valid construction cost estimate creation is the goal of every professional estimator. Using the final construction cost, for example, is just plain silly as there are far too many variables involved in the outcome. Nonetheless validity of a construction cost estimate is critical to cost management.

Estimating 105

Estimating Lean Construction Cost Control Building Performance Measurement 105

Job Order Contracting

AUGUST 17, 2023

Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.

Cost Control 96

Cost Control Integrated Project Delivery (IPD) Building Controls Quality Control 96

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Unfortunately, the process is largely done inappropriately and without cost transparency or visibility, and rarely is verifiable. Most Independent Government Cost Estimates are Not Well Documented. FAR 36.203.

Estimating 105

Estimating Government Works Cost Control Contracts 105

Autodesk Construction Cloud

JUNE 7, 2023

Inaccurate estimates might not be the root of all evil, but they sure can derail a project. Far and away one of the most common reasons, however, is inaccurate budget estimates. When it comes to construction, estimating costs is a towering challenge. When it comes to construction, estimating costs is a towering challenge.

Estimating 98

Estimating Cost Control Project Management Consulting Budgeting 98

Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. 2 Timeliness – All cost data must be current. applied to a outdated cost estimate will introduce significant error.

Estimating 98

Estimating Structural Systems Schedule Management Risk Management 98

Job Order Contracting

MAY 4, 2023

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

Estimating 98

Estimating Project Management Consulting Cost Control Construction Equipment 98

Job Order Contracting

MARCH 7, 2025

Granular Local Market Cost Data is Essential for Cost Visibility & Management (Repair, Renovation, Maintenance, & New Builds) Using current, verifiable, and detailed local cost dat a instead of national averages with adjustment factors ensures: Cost transparency All labor, material, and equipment costs are broken down and verifiable.

Construction Management 59

Construction Management Cost Control Change Management Estimating 59

Construction Enquirer

MAY 31, 2023

Mobile intelligent transport system (ITS) solutions specialist SRL Traffic Systems has expanded its hire portfolio with the launch of a series of new products designed to enable customers to increase the protection of workers while cost-effectively promoting the safe and efficient flow of traffic around roadworks.

Cost Control 192

Cost Control Structural Systems Project Management Construction Management 192

Autodesk Construction Cloud

SEPTEMBER 13, 2023

Unplanned cost spikes can feel like a wrench being thrown into the gears of a well-oiled machine. And while it may seem paradoxical to prepare for the unexpected, it's totally possible to gear up for cost and schedule changes effectively. Promoting transparency to aid decision making Unexpected costs can be just that—unexpected.

Cost Control 97

Cost Control Material Handling Building Materials Budgeting 97

Buildern

JUNE 2, 2025

Both platforms aim to simplify how teams estimate costs, manage schedules, and stay on top of daily operations. Table of Contents Buildern vs. Wunderbuild: Feature Comparison Overview What Makes Buildern and Wunderbuild Different Cost Estimation and Budget Management: Which Tool Wins? But their differences matter.

Cost Control 52

Cost Control Schedule Management Change Management Project Management 52

Buildern

APRIL 20, 2025

Both are well-known platforms promising to simplify estimating, scheduling, collaboration, and financial control. If youve been comparing Buildertrend and Procore, unsure which one can really support your day-to-day operations without added friction or unnecessary costs, this guide is for you. But the reality?

Schedule Management 52

Schedule Management Cost Control Estimating Project Management 52

Buildern

MAY 20, 2025

Profit Margin Markup Definition Profit as a percentage of revenue Profit as a percentage of cost Formula (Revenue – Cost) / Revenue 100 (Revenue – Cost) / Cost 100 Focus Bottom-line profitability Pricing based on cost Use Case Reporting, financial analysis Estimating, bidding Main Question How much profit do I keep?

Project Management Consulting 52

Project Management Consulting Cost Control Building Performance Measurement Project Management 52

Civil + Structural Engineer

APRIL 26, 2024

Hall brings decades of transportation and infrastructure program management controls experience NASHVILLE, Tenn. Jeff Hall has joined HNTB Corporation as project controls director in its Nashville office, supporting the firm’s clients in Tennessee.

Cost Control 130

Cost Control Infrastructure Development Project Management General Contracting 130

Rabbet

NOVEMBER 18, 2024

There are many different types of contracts , but two of the most common are cost-plus and guaranteed maximum price. Cost-Plus Contracts A cost-plus contract is an agreement where the owner pays the contractor for all actual costs incurred (materials, labor, equipment) plus an agreed-upon fee or percentage for profit and overhead.

Contracts 52

Contracts Real Estate Development Cost Control Quality Control 52

CCR Magazine

MARCH 3, 2025

For contractors, an accurate MEP cost reduction is vital to avoid budget overruns, secure competitive bids, and ensure smooth project execution. However, because MEP systems involve intricate design considerations and fluctuating material costs, miscalculations can result in costly rework and project delays.

HVAC System Installation 52

HVAC System Installation Building Code Compliance Plumbing Systems HVAC Systems 52

Building Radar

DECEMBER 10, 2024

Implementing key strategies for maintaining financial control in construction projects ensures that projects stay on track financially. Understanding what an assistant construction manager does can enhance team efficiency and cost management. It involves careful planning, monitoring, and controlling of financial resources.

Project Management 52

Project Management Construction Management Risk Management Cost Control 52

Buildern

MAY 27, 2025

In this sense, Buildern’s integrated platform helps home builders manage tedious tasks like: Estimating projects and creating detailed proposals with accurate data. Budgeting & Cost Management Manual tracking leads to mistakes and inefficiencies. Real-time budget tracking and automatic cost updates ensure accuracy.

Construction Management 52

Construction Management Schedule Management Project Management Risk Management 52

Job Order Contracting

OCTOBER 1, 2022

Without granular, line item Local Market Construction Cost Data you can’t have a verifiable estimate. Most organizations rely upon national average cost data, consultants, and/or historical data. National average cost data is not representative of local market data even when cost indices or area cost factors are applied.

Cost Control 105

Cost Control Project Management Consulting Estimating Building Controls 105

Civil + Structural Engineer

DECEMBER 10, 2024

The Minneapolis project was the largest job PCiRoads has faced, and Nap Scott, estimator and project manager, knew there would be unique logistics. PCiRoads was equipped with Brokk remote-control demolition robots for the concrete removal but needed an efficient solution to shape new concrete on the tunnels floor.

Concrete Pouring 130

Concrete Pouring Heavy Equipment Manufacturing Flooring Systems Controls Manufacturing 130

The Pro Builder

OCTOBER 4, 2023

Prefab, Modular Homebuilder Touts Energy and Cost Benefits qpurcell Wed, 10/04/2023 - 09:00 Dvele —a California-based manufacturer of prefab, modular homes—got started by bringing two building concepts together: high performance and factory construction. That high degree of factory completion helps ensure cost and quality control, Weiss says.

Building Resilience 264

Building Resilience Modular Construction Building Automation Flooring Systems 264

Jonas Construction

NOVEMBER 11, 2024

Last Updated on November 11, 2024 In today’s fast-paced construction industry, effective cost management is essential to protect profits and ensure project success. Rising material costs, labor shortages, and unpredictable project delays often result in costly overruns, putting project profitability at risk.

Cost Control 52

Cost Control Project Management Risk Management Building Code Compliance 52

Buildern

MAY 12, 2025

Buildern vs. JobTread is a common comparison among builders exploring efficient ways to manage estimating, job tracking, finances, and team coordination. Buildern understands the reality, offering a flexible and robust estimating system that integrates directly with project management workflows.

Schedule Management 52

Schedule Management Project Management Cost Control Change Management 52

Rabbet

NOVEMBER 11, 2024

What Are “Soft Costs” in Construction? When planning a construction project, understanding the full scope of costs is crucial for accurate budgeting and project management. Real estate professionals in development and construction lending are impacted by cost and budgeting issues. What are hard costs? What are soft costs?

Real Estate Development 52

Real Estate Development Cost Control Construction Machinery Schedule Management 52

UK Construction Blog

FEBRUARY 21, 2025

The post How Sustainable Masonry Can Reduce Long-Term Construction Costs appeared first on UK Construction Blog. With rising material costs, environmental concerns, and increasing regulations, contractors and developers are searching for ways to build cost-effective yet durable structures.

Masonry 52

Masonry Sustainability Renewable Energy Systems Energy Efficiency 52

UK Construction Blog

APRIL 19, 2025

Key features such as job costing, WIP reporting, and retainage management ensure financial control throughout the project. Job costing functionality is the life-blood of any construction accounting system. It should let contractors assign costs to specific job codes and match them against estimates.

Structural Systems 59

Structural Systems Cost Control Electrical Systems Project Management 59

Civil + Structural Engineer

OCTOBER 2, 2023

Others have pinpointed spiraling labor costs, inflation, and interest rate rises as major risks on the horizon. Craft skills shortages have been exacerbated by the mass of experienced workers nearing retirement age and increased demand for a limited labor pool has also increased labor costs. Other risks are increasing too.

Integrated Project Delivery (IPD) 147

Integrated Project Delivery (IPD) Landscaping Risk Management Cost Control 147

Job Order Contracting

JULY 14, 2021

Actionable construction cost data is required to assure financial visibility and transparency and to create a detailed, well-communicated scope of work. Actionable cost data is critical for successful …. Forecasting cost of future projects. Cost comparisons. Monitoring and controlling of construction cost.

Cost Control 105

Cost Control Estimating Risk Management Construction Equipment 105

Civil + Structural Engineer

SEPTEMBER 27, 2023

As Project Engineers, Kodey Lane-Norful and Likitha Kaki are responsible for assisting project managers with quality control, project budgets and cost reports, reviewing and coordinating submittals and RFIs, subcontractor management and maintaining communication with the client and entire project team. ABOUT KWAME BUILDING GROUP, INC.

Facility Management 130

Facility Management Schedule Management Quality Control Project Management 130

Job Order Contracting

DECEMBER 9, 2022

Robust Process Integration + Common Shared Cost/Technical Information + Supporting Tech = Measurably Improved Cost Management. Integrating People, Process, Information, and Technology with proven industry best practices and organization-specific requirements into a proven cost management solution. Four BT, LLC) – www.4bt.us.

Maintenance 105

Maintenance Quality Assurance Cost Control Facility Management 105

Job Order Contracting

JULY 7, 2024

Financial Management Issues Budget Overruns : There have been instances where projects managed by GSA PBS exceeded their budget estimates, leading to increased costs and financial inefficiencies. GSA PBS continues to faces challenges with the management of JOC Programs and cost control.

Cost Control 97

Cost Control Quality Control General Contracting Building Controls 97

Civil + Structural Engineer

APRIL 28, 2023

a global leader in construction capital project management software, has announced new innovations that further realize its strategy of connecting 16 essential project controls business processes on a single, integrated platform. InEight Inc.,

Schedule Management 130

Schedule Management Cost Control Risk Management Change Management 130

Develop Coaching

NOVEMBER 28, 2024

From project management to cost control, there are several key areas where you can make strategic improvements to enhance your bottom line. You’ll discover practical strategies to increase productivity on job sites, manage overhead costs effectively, and improve cash flow.

Schedule Management 52

Schedule Management Cost Control Construction Equipment Quality Control 52

CCR Magazine

JANUARY 23, 2025

This reduces logistical costs and simplifies coordination. Blueprint Distribution Share detailed project drawings with shortlisted companies for precise cost and timeline estimates. If you lack expertise, involve a consultant to ensure proper planning and quality control. Financial Stability Check the companys turnover.

Project Management Consulting 52

Project Management Consulting Insurance Management Quality Control Warranty 52

CCR Magazine

FEBRUARY 24, 2025

For contractors, an accurate MEP cost reduction is vital to avoid budget overruns, secure competitive bids, and ensure smooth project execution. However, because MEP systems involve intricate design considerations and fluctuating material costs, miscalculations can result in costly rework and project delays.

HVAC System Installation 40

HVAC System Installation Building Code Compliance Plumbing Systems HVAC Systems 40

Rapport3

NOVEMBER 21, 2023

To make sure profits stay steady and grow, it's crucial to manage increasing costs for materials, labour, and operations. The Impact of Inflation on the Architecture sector Inflation directly affects project costs in architecture. This helps identify cost overruns quickly and take corrective action.

Architecture 105

Architecture Risk Management Cost Control Material Handling 105

Wolgast Corporation

FEBRUARY 26, 2024

It makes sense for Business Owners to be efficient with space to save on cost, however, economies of scale can make going bigger make better sense. I spoke with our Senior Estimator, Rob Johnson, about his take on economies of scale and his big message was, “as the scope increases, the square foot cost comes down”.

Building Design 127

Building Design Cost Control Building Materials Material Storage 127

Civil + Structural Engineer

NOVEMBER 1, 2023

By Matt Desmond, President AGTEK, Vice President Heavy Construction, Construction Management Solutions at Hexagon Estimates aren’t just a “necessary evil” in the process of creating bids and design plans; they also ensure projects stay on track by offering a baseline to compare construction project activity—or a scoreboard—to measure success.

Estimating 130

Estimating Site Planning Cost Control Construction Management 130