The construction industry is a critical sector in the United States, responsible for shaping the nation’s infrastructure and driving economic growth. However, it also has one of the highest rates of business failure of any economic sector. In fact, according…
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The resurgence of wood as not just an aesthetic option but a core construction material revolutionizing the building sector. The use of wood, and particularly mass timber and prefabrication, is a game-changer for architects, contractors, project managers, and construction owners…
The year 2024 has ushered in groundbreaking advancements that promise to reshape the construction landscape, offering unprecedented efficiency, accuracy, and safety. Whether you're an architect, owner, builder, or project manager, staying abreast of the latest innovations will keep you ahead…
The construction industry continues to face inflation, supply chain issues, cyber threats, and project delays. While these problems can cause conflict, owners and project managers are finding ways to adapt to this environment and mitigate risks in contracts. The legal world…
Large general contractors must look to operational strategies to offset expenses due to workforce shortages, budget uncertainties, and unforeseen delays. Retain and Attract Skilled and Quality Labor The construction industry continues to struggle with a shortage of skilled and quality…
Construction companies that utilize AI-powered tools and technologies can improve safety, enhance efficiency, and improve the overall quality of their projects, staying ahead of the competition. Among emerging construction technologies helping to build better more efficient projects are: Virtual and…
As the construction industry becomes increasingly more complex with accelerated schedules, labor shortages, material costs increasing, and continued supply chain issues – owners and developers are finding the preconstruction phrase is more important than ever. To avoid costly mistakes and…
Spending on nonresidential buildings is booming this year. According to the AIA Consensus Construction Forecast Panel, spending in the sector looks set to increase by around 20%, a level that hasn't been seen since before the Great Recession. Industrial construction…
Real estate developers and owners are always looking for ways to improve efficiency and reduce delays. Building Information Modeling (BIM) solutions have been around the construction industry for over 20 years and enable shareholders to virtually build a structure before…
When it comes to managing a commercial construction project, it's essential to partner with a construction management company that knows the industry inside out. A reputable company can bring deep experience and expertise to the table, helping to streamline the…
Artificial intelligence. Connectivity. Renewable energy. Alternative materials. All these things and more will have a dramatic impact on the construction industry moving forward. Some are already incor- porated into workplaces while others remain on the precipice. We took a look…
Effective RISK MITIGATION poses a particular challenge for construction projects. On one hand, various risk factors have to be considered before, during, and after the project. While it seems impossible to create an exact risk or cost forecast, you can…
Cold Storage facilities are not your typical industrial buildings. They require specific knowledge and expertise in the engineering and construction of these projects. As a result, there are not many developers who will take on cold storage projects due to…
Artificial intelligence plays an integral role in the efficiency and effectiveness of processes in the construction industry. With the aid of artificial intelligence, the construction industry can overcome some of its most significant obstacles to reduce cost and risk. ARTIFICIAL…
Every industry faces difficult challenges year after year, and the construction industry is no exception. To ensure a successful project, companies should be prepared for these 3 conditions facing industrial construction today: workforce challenges, volatile pricing, and new emerging technologies.…
Large industrial construction owners cannot combat inflation and rising interest rates alone, and there is little they can do to influence the rising cost of materials directly. Whether those commercial construction costs continue to rise, level off, or fall slightly,…
Is project scheduling a “fluid” science? Although the science remains the same, the approach and results have changed significantly with time. With precedence method scheduling overtaking the industry, combined with computer programming, two significant changes have occurred. First, more detailed…
There is a deceptive time between a project’s conception and actual start when a project “hasn’t really started” …right? This is one of the risky times in the life of a project because there is a perception that the project…
When asked about the cost of agency construction management services, I’ve wanted to scream, “you’re asking the wrong question!” As with any service that assures ROI, the real question should be, what is the value of agency construction management services?You…
Outsourcing in uncertain times allows immediate growth and or attrition with minimal onboarding investment. With the correct choice you have access to seasoned and experienced professionals, increasing your resources without hiring full-time employees. As companies cautiously ramp up their development…