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Contractors must understand the legal landscape in order to managerisk when implementing new materials, data or processes, panelists at the Building Innovation 2025 conference said.
A Midlands consultant has launched a sister business aimed at helping developers, contractors and sub-contractors improve how they procure and manage construction materials. TMC offers a full range of materials advice, from bricks and blockwork to insulation and landscaping.
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
The oil and gas industry plays a significant role in the global energy landscape and contribute to 82% of total primary energy consumption in the world. However, the industry is exposed to many risks that can significantly impair operations, the environment, and the safety of people. Otherwise, they can get fined or face legal action.
Aspire Software , a ServiceTitan company and leading software provider for field service businesses, released its first annual 2025 Landscape Industry Report highlighting current trends, market sentiment, and strategies to accelerate business growth. To attract and retain talent, 55% of landscapers will raise employee wages by 2-9%.
But in today's landscape, digital tools are no longer optional—they're a necessity. Without leadership driving the transition, companies risk falling behind their competitors. As more clients demand digital deliverables and more competitors invest in advanced technology, those who fail to adapt risk being left behind.
In the complex world of construction project management, effective scheduling is the linchpin of success. Limited Real-Time Visibility: Outdated software fails to provide real-time insights into project progress, hindering proactive decision-making and risk mitigation.
Site Observations: Progress notes, issues, and risks. Enhanced Data Security: Reduced risk of loss or damage. Often yes, with popular project management and accounting tools. Robust analytics tools can identify trends, highlight areas of improvement, and help project managers make informed decisions.
Understanding new levels of risk and mitigation. AI’s influence on riskmanagement is profound. On one hand, AI can enhance risk assessment by analyzing vast datasets to predict potential issues before they arise. AEC leaders must develop a keen understanding of these new risks and how to mitigate them.
Top 5 challenges with Field Inspection: In the technologically driven landscape of modern construction, clinging to obsolete field inspection methodologies introduces significant technical debt. Project managers may struggle to gain a clear understanding of inspection trends, identify recurring problems, or assess overall project quality.
Key highlights from the report: In-depth analysis of the current sustainable procurement landscape across industries, with a specific focus on construction, train operating companies and utilities.
Construction Project Management: Navigating the Modern Landscape with Cutting-Edge Solutions Construction project management is a multi-faceted discipline that orchestrates the successful delivery of projects, from conceptualization to completion.
In the dynamic landscape of corporate governance, the relationship between a CEO and the board chair is pivotal. The CEO must show competence and reliability in managing the company’s operations and steering its strategic direction. What shapes the future of a company at the highest level?
TL;DR: AI transforms project management by improving accuracy, reducing delays, and streamlining workflows. AI highlights risks early, automates updates, and optimises resource allocation—leading to better planning and fewer disruptions.
Toll Brothers is acting as managing member and development lead for the project, overseeing approvals, design, construction, and sales. Bank OZK is delighted to finance another project for a quality sponsor like Toll Brothers and its partner Daiwa House,” said Dave Sarner, Managing Director of Originations at Bank OZK.
To reduce the risk of flooding, the Army Corps, since the 1970s has been replenishing this lost sand by dredging sand from the ocean and pumping it onto the beach to increase the height and width of the beach berm. Ahmed Radwan, project manager, New York District, U.S. He is also a former project manager, New York District, U.S.
For a national general contractor working with corporate construction managers who manage projects across multiple regions, one of the most significant challenges is navigating the intricate web of local codes, regulations, and municipal processes. For construction managers, this variability can be overwhelming.
The use of construction submittal software has the capability to transform this process, making communication seamless, enhance collaboration, and reduce project risks. Traditionally, submittals have been managed through cumbersome manual processes that involve physical documents, review cycles, and often silo communication channels.
Sheryl Van Anne, Vice President and General Manager, M.A. With states such as Minnesota, Wisconsin and Illinois seeing sustained public and private investment, developers are prioritizing high-efficiency, highly amenitized buildings, says Sheryl Van Anne, vice president and general manager at Golden Valley, Minn.-based Mortenson Co.
It drives intelligent decision-making, minimizes risks, and ensures the revenue health of projects. It offers a panoramic view of the asset landscape and enables proactive planning and strategic management. In the ever-evolving world of construction, financial modeling is a game-changer.
Another headline topic during the conversation centered on the unique challenges small businesses in the AEC industry face – particularly when it comes to today’s hyper-competitive landscape. Zweig pointed out that, in this landscape, small firms can struggle to compete when it comes to resources such as working capital.
ISNetworld® certification is a prestigious recognition granted through the ISNetworld® platform , designed to streamline contractor management by ensuring safety, procurement, and regulatory compliance. Complete the Questionnaire : The Management System Questionnaire (MSQ) is a crucial step. What is *ISNetworld® Certification?
How we can do this : Adopt tools for real-time data validation before its used, ensuring compliance and reducing risks. As stakeholders demand more transparency, validated data will be crucial for making informed choices and mitigating risks. Leveraging historical data can help identify mistakes and improve project management methods.
In 2025, we’ll see AI further evolve the construction landscape with AI agents that will take over repetitive tasks such as helping draft RFIs, design, and project setup. We will also see AI assist with creating and managing workflows, enabling teams to focus on more impactful work.
As someone deeply involved in construction and land management, I’ve seen firsthand the consequences of improper waste disposal. The Role of Construction Professionals As construction professionals, we have a responsibility to manage waste effectively on our sites.
It requires effective leadership, strategic planning, and detailed project management. Without strong management, even well-funded projects can miss deadlines, overspend, or fall short of quality standards. This post explores how management skills elevate construction businesses to new levels of efficiency and success.
will focus on the connection between technology adoption in construction and reducing the cost of risk. Innovative real-world technology is providing powerful, proven solutions for mitigating risk in construction, including the rising risk and exposure related to water damage,” Ghanbarian said.
But there’s another crucial aspect often underestimated — the financial management of shared building costs. This can include everything from cleaning and lighting to building insurance, security, landscaping, and repair works. The Role of Service Charge Accountants This is where service charge accountants become indispensable.
Making a wrong decision during hiring poses great risks as it may impact the budget and, more importantly, the firm’s client relationship and reputation. But for specialized work like plumbing, electrical, or landscaping, subcontractors are a better choice. Low overhead: No need to manage payroll, benefits, or long-term employment.
Stormwater management systems are designed to channel water away from homes and businesses when heavy rain falls. The Impact of Blocked Drains on Stormwater Management Systems Blocked drains can significantly impact stormwater management systems, leading to environmental, structural, and financial challenges.
They resist bold moves because those moves might bring risk. In a fast-moving industry, survival mode can create more risk than it removes. The landscape changes almost every day. Digital tools for project management promise fewer errors. Owners and managers must encourage employees to test ideas.
ISNetworld® is a contractor management platform that streamlines the process of prequalifying contractors for hiring clients. Experience Modification Rate (EMR) – Key safety metrics used to evaluate risk. How We Simplify Your ISNetworld® Compliance Journey We understand the challenges that contractors face in managing compliance.
The project leveraged four alternative delivery methods including: landside and airside construction management at-risk, a design-build-operate-maintain baggage team, design-bid-build award contracts and multiple design-build concession/tenant packages. Construction Management Co.:
FPS offers the ideal packaging solution with flexible aggregate bags that provide optimal protection and reduce handling risks during transportation. These bulk bags are designed to minimize manual handling and the risks associated with dumping bulk containers, ensuring a smoother movement of construction materials from one point to another.
These geological phenomena, often overshadowed by more visible risks, pose significant threats to the stability and longevity of buildings. In todays construction projects, the lack of consideration for this risk implies heavy losses, both financial and in terms of business performance.
Effective waste management is a crucial component of any project, whether its a small home renovation or a large-scale commercial construction. Dumpster rentals provide a convenient and efficient solution for managing debris, saving time and effort while ensuring compliance with local disposal regulations.
Geotechnical assessments ensure the foundation systems integrate seamlessly with Luton’s urban landscape, minimising disruption to surrounding infrastructure during construction. This comprehensive approach creates over 1,000 permanent jobs whilst regenerating central Luton’s urban landscape.
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” Project partners include PMB as the developer, PMB Real Estate Services as the property manager, Devenney Group as the architect and Siemens as the financing partner. This will be the first Acute Care Rehab Hospital of its kind in the West Valley, and we couldn’t be more proud to be part of this move west.”
As in all walks of life, technology and innovation are changing the landscape of the industrial construction industry. But it has also changed the way in which project managers do their jobs. With this in mind, keep reading for 5 innovative approaches to industrial construction project management in 2023.
Hensel Phelps has been selected to provide Construction Manager at Risk (CMAR) services for the Concourse A Reconstruction Project at Nashville International Airport (BNA) by the Metropolitan Nashville Airport Authority (MNAA).
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