construction data

The New Construction Era: Drive It or Survive It?

The digital transformation has led to a new construction era. Some companies are driving the change. Others are playing catch-up. Our new construction era is a lot of things, but it isn’t a spectator sport. To become or continue to be a thriving construction company, you need to become a part of the digital transformation. …

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Do You Have a Construction Data Strategy?

Data: Project-related measurements, observations, or statistics, including building information modeling (BIM) inputs, material quantities, safety incidents, request for information (RFI)…schedules, assigned staff, and cost…-Autodesk.com Construction managers and contractors rely on construction data to make bids, estimate costs, and provide timelines. But if you do it without a formal strategy, you’re putting yourself and your company …

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June 2021 Construction Data

While Construction Monitor provides construction data customized for your business, our friends at Construction Dive regularly provide construction industry “metrics that matter.” The June information they shared comes from several sources and they centralize that data for the rest of us. Here’s the June 2021 recap: Architecture billings – (Any score over 50 indicates growth.) …

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Construction Business Project Delays and Responsibility

If you’ve bid on and won a project, it’s assumed you understand the risks, including delayed delivery of materials and equipment. As the pandemic proved, you can’t always factor delay risks into a bid. But you can’t bid without some guarantee that you can deliver the project on time and within budget. Contract-wise, you’ve assumed …

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Marijuana and Construction Contractor Business Employees

Marijuana legalization recently passed in six states. Others may follow. If not already, marijuana use may eventually become legal in your state. As a construction contractor business owner or manager, you’ll have to plan for it. Sooner is better than later. Marijuana Use Among Employees: What Are Your Contractor Business Responsibilities and Rights? Medical marijuana prescriptions …

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Are You Offering the Right Services?

If 2020 were an appliance, it would be a Cuisinart®. Businesses have been processed and pulverized beyond recognition, and construction services are no exception. “Survival of the fittest” was coined by British philosopher Herbert Spencer. We often believe the strongest survive, but that’s not always the case. Those most adaptable to change not only survive; they …

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