Tag: asset building system

The Advantages of Data Sharing in Construction – Infographic

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Construction is marked by several interconnected processes and inputs. Its dynamics make it challenging to manage projects, which, when improperly done, can lead to disruptions, delays, and cost overruns. This necessitates transitory and cross-organisational collaboration, facilitated by secure data sharing,… Read More

Construction Accounting Guide for Contractors

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Construction projects require managing numerous funds and monetary transactions. From ordering materials to compensating workers, keeping track of a project’s budget and expenses can be challenging without proper construction accounting practices. Generally, the goals of accounting are to: Systematic accounting… Read More

Best Practices in Construction Management – Infographic

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Construction projects can be unpredictable. Numerous factors influence the success of a project. Some can be identified and controlled, while others can create challenges that disrupt operations. One thing managers can do is optimize project management. They can refine their… Read More

The Role of Construction Management in Sustainable Development

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Sustainable development has been a concern for many industries, including construction, since 1972. Sustainability is becoming direr in recent years, with increasing economic, social, and environmental challenges. Fortunately, the introduction of the 2030 Agenda presented a plan of action for… Read More

What is Construction Takeoff Software? – Infographic

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Improper takeoffs in construction can have serious consequences for a project. If it is incorrect, it could result in ordering too much or too little material, leading to unnecessary costs. Furthermore, using the wrong materials or not having enough materials… Read More

Common Constraints in Project Management – Infographic

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Delivering projects on time, within budget, and in alignment with corporate objectives is essential. This will help builder companies stand out in today’s fiercely competitive business markets. However, every project has constraints and hazards that must be managed to be… Read More