Big Budget Buildings: 10 Construction Projects That Broke the Bank
Over recent years the US AEC sector has grown substantially. Economically, the sector is buoyant and job creation throughout the industry has been high. The construction industry has benefitted from strong policy decisions and science and technology have been high on the political agenda.
The Top 5 Features of a Tool and Asset Management Solution
Every contractor knows that tool mismanagement—whether from tool loss, hoarding or breakage—can impact the efficiency and productivity of the business.
One of the principle causes of tool mismanagement is a lack of accountability. It’s not easy to keep track of every hammer, drill and grinder that goes in and out of a warehouse on any given day, particularly when these assets number in the thousands. Added to this complication, crews develop favorite pieces of equipment that don’t get returned
The Mission-Critical Role of Capital Asset Management
For many businesses operating in the construction industry today, much of their work relies on the operation of capital assets, such as Generators, Chillers, Transformers, etc. These types of equipment contribute to the business's ability to properly run and generate profit. It is therefore a major requirement that they remain in operation at all times because if a piece of machinery is down, the detrimental effect on the business is loss of work and, ultimately, income.
Throughout my years working with software clients, I have been exposed to numerous approaches and mindsets when it comes to estimating projects. Some clients are very exacting and detail oriented – some might say obsessively so. Others are much more fluid and loose –some might argue to the point of recklessness. . Most clients fit somewhere in between these two extremes.