Construction Business Owner, September 2012
As collaborative methods gain ground among contractors, projects will depend more on innovative software solutions. Integrated project delivery (IPD) aims to engage all project stakeholders as early as possible in the construction process and leverage their collective expertise to avoid...
Alternative generators can power field offices while saving you utility and downtime costs.  On July 4, nearly 3 million residents in the Northeast lost power—many for as a long as a week. Last year, in the United States alone, more than 40 million people lost power. With power outage...
When owners lead the charge for more effective solutions, companies benefit. Running a construction company is similar to coaching a sports team. Like any team faced with a losing season, a construction business has to adjust its game plan to remain competitive in today’s tough market. With...
A mobile project team will benefit from a cloud service by finding new ways to communicate, coordinate and evolve. In a recent Microsoft study of small- to mid-sized businesses, 30 percent of respondents admitted their companies already used cloud services. Even more surprising, 48 percent of...
Reduce fuel costs and downtime with a complete fleet maintenance program. Manufacturers are constantly upgrading and fine-tuning truck designs. Due to today’s market and changing emissions regulations, design changes have resulted in articulated and rigid haul trucks that run cleaner, operate...
Stay in compliance with OSHA regulations by using wireless headsets.Safety regulations aim to minimize preventable tragedies on the jobsite and ensure that companies take the proper precautions to protect workers from serious injury. Currently, many regulations focus specifically on better...
Identifying digital tools is only half the battle—implementation requires thoughtful planning and analysis. Mobility is one of the construction industry’s hottest buzzwords. Firms of all sizes are looking for ways to successfully implement mobile solutions on their projects. Contractors have...
Realize the power of engaged employees by implementing these strategies.
Many construction professionals believe that employee motivation has an hourly price tag. As the former CFO of a construction company, I’ve spent years watching trained craftsmen and supervisors walk out the door, which has taught me that better salaries don’t always lead to higher levels of...
By sharing risk data internally, companies can improve consistency and reduce costs.The benefits of enterprise risk management (ERM) have been discussed often among construction business owners, yet many contractors still struggle with implementing ERM plans in their companies. In addition to...
Several factors influence the type of umbrella/excess liability coverage you should buy. Faced with the possibility of a large accident, contractors often ask themselves if they have enough insurance coverage to cover their losses and protect their assets. The question of how much coverage is...
Investment fears aside, BIM lowers labor costs and coordinates teamwork among project stakeholders. This is the second article of a three-part series that will examine important productivity drivers representing the construction industry’s future. Computer modeling has become a game...
Establish effective field systems to create consistent results.
If you could shoot par in your construction business, you would finish your jobs on time, make your customers happy and earn a considerable profit. Your estimator would price the work at exactly what it costs to build the job, your project manager would do precisely what the contract specifies and...