How Predictive Data Is Revolutionizing Preconstruction Planning
By Sherman Wong Sr., Engineering News-Record
Preconstruction planning has been, and continues to be, one of the most challenging aspects of the building lifecycle. Thanks to modern data science and predictive analytics, those involved in the construction planning phases are now able to supplement historical data with reliable projections...
How Builders can Navigate Sudden Price Shifts
Credit for this article goes to Mary Salmonsen, Builders.
Out of all the factors that affect the sales price of a new home, materials price changes had the biggest impact in 2018, according to Tony Callahan, president and CEO of Kennesaw, Ga.–based Callahan Consulting Group.
“It would be easier to list the products...
NABTU: Union, Wage Protections Must Underlie $1T Infrastructure Plan
Article written by Kathleen Brown, Construction Dive.
Union leaders and some of their congressional advocates are convening at North America’s Building Trades Unions’ 2019 Legislative Conference this week, and the need for infrastructure investment has been the resounding theme.
NABTU President Sean McGarvey kicked...
Growth Through Lean Transformation
By Michael Mclin, Managing Director, Maxim Consulting Group, An Agc Of Colorado Building Chapter Member, Constructor Magazine.
Within the construction industry, contractors struggle with challenges – schedule compression, pricing pressure and manpower shortages. The answer lies in defining a new business model that addresses...
Electric Dreams: Will Heavy Construction Equipment Go All-Electric?
By Kendall Jones, ConstructionConnect
For years, the Environmental Protection Agency (EPA) has been enacting stricter emissions standards for nonroad diesel engines like those used in construction. Future regulations could require zero emissions on heavy construction equipment which would pave the way for manufacturers to drop...
Seven Areas To Tackle Poor Productivity In Construction With ConTech
By Angelica Krystle Donati, a contributor on Forbes.com
In the 2017 report “Reinventing construction through a productivity revolution”, MGI argued that, if construction sector productivity were just to catch up with that of the total economy, there would be a cumulative productivity boost of up to 60%, translating into a...
The Epic Rise of Industrialized Construction
News article is by Danielle Dy Buncio, Founder & CEO, Viatechnik, Building Design & Construction
The construction industry is facing colliding forces that render our current trajectory wasteful, inefficient, and unsustainable. These include a widespread skilled labor shortage and industry productivity rates that...
Technology's Critical Place in Construction in 2019
Reporter, Laurie Cowin Construction Dive.
Construction has been slow compared to other industries to adopt technology, but it’s starting to catch up as technology gets more sophisticated to accommodate the industry’s unique needs. The automation you implement can be a bit more simple because the task is repetitive....
3 Costly Mistakes Made When Implementing Job Costing
By Nicole Landau, CFE, Linkedin.
Job costing is a critical piece of the puzzle in construction accounting. Most companies have setup the job costing, but they haven't considered all factors of the equation. They don't properly account for labor hours by job, they lump all costs into direct costs instead of splitting them into...