
Articles
Construction Profitability Part 3: Mismanaging Field Data is Costly. Here’s What You Can Do About It.
We know that communication is key in the field. Teams must be assured that they are working with the latest information, so…
We know that communication is key in the field. Teams must be assured that they are working with the latest information, so…
In Part 1 of this series, we outlined the basics of cost management and its overall impact on your business, from resource…
The average pre-tax net profit for subcontractors is between 2.2 to 3.5 percent, according to the Construction Financial Management Association. Because there…
Successful construction contractors constantly find ways to improve their work, this leads to lower costs, which translates into higher profits and more…
We don’t have to tell you that paper is still king in the construction industry. It’s understandable to some extent, as many…
It is quite common for contractors to rely on spreadsheets in order to create their cost estimates. Spreadsheets like Excel’s are a…
Manual processes have costly consequences, from time consumed, to the heightened risk of human error. The allocation whiteboard and the processes involved…
What is EMR in Construction? EMR (experience modification rate) is a number used by insurance companies to determine your past cost of…
The Crane industry in Australia is facing increasing demand for work and although residential work has slowed, infrastructure projects nationally have been…
What is certified payroll? Certified payroll is a United States federal requirement that proves withholdings and gross wages compliance. A federal form…