Profit Matters: Page 45

Business
Questions to Ask a Construction Lawyer Before Hiring
Before you hire a construction lawyer ask these 10 questions to make sure they have the experience and are the best fit for your needs.
Before hiring legal counsel, make sure you ask, and get answers, to some serious questions.
Coaching & Consulting
How to Choose the Right Incentive Program for Your Construction Company
Construction Business Coaching
Your bonus and incentive compensation program can be the key to improving your bottom line or can be a drain on cash flow and employee morale
Four basic employee recognition, bonus and incentive compensation programs include thank-you awards, gifts, incentive compensation and profit sharing.
Machine Grade Control, GPS, Laser & Other
Technology Improves Communication and Product Management on Two Ontario Construction Projects
Mobile internet and tablets put all the information to manage a construction project at a project manager’s fingertips, and allow them to communicate changes instantly
When working in the Oracle Primavera P6 Resource Assignments window, you can use the Resource Usage Spreadsheet to display resource usage over time, display spreadsheet fields for budgeted / planned and actual / remaining values and use the Layout Options bar, View menu on the Menu bar, or the Layout toolbar to customize resource assignment layouts.
Project Management
Cloud-Based Project Management Software Thinks Like a Contractor
Procore project management system speeds Vicano’s communication and collaboration with owners and field people to resolve change orders in hours
Using Procore, when there is a change on the job site, creating a request for information is easy and the system automatically contacts all relevant parties for timely resolution.
Business
Don't Make This Change Order Mistake
The most common thing that we see missing from almost every change order is time, and that can cost construction contractors big.
Bridge Construction Gettyimages 463693731
Business
PPP Extended with $130B in Funds Remaining
How to apply for the Paycheck Protection Program’s forgivable loans, now modified with longer period to spend and lower percentage that must be dedicated to payroll
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Business Services
How Surety Bonds Work in Case of Construction Contractor Default
Bryant Surety Bonds Inc.
As a contractor, your surety provider can actually be your ally in finding creative, and equitable, solutions in case default can’t be avoided
A surety bond represents a business relationship that promises to offer construction contractors support and assistance if they run into financial or performance-related difficulties.
Business
Standard Field Installation Techniques Improve Field Productivity
Construction Business Coaching
When every crew member installs things the same way, your crew will improve their speed and field efficiency, productivity rate, and standardize your cost estimating variances.
To build an efficient field operation that completes work per the quality you want within the budget allotted for the work, you need standardized systems and procedures for the crew to follow.
Safety Equipment - Other
The Contractor's Best Friend Podcast Season 4 Episode 1: Safety Tips for the New Normal
Caterpillar - Cat
Brad Humphrey and the Caterpillar experts talk about how construction contractors approach safety on the jobsite as contractors learn to balance and work in the “new normal.”
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Construction Technology
[VIDEO] 15 New Construction Industry Technologies
Rebar tying robots, software platforms and artificial intelligence road monitoring solutions are just some of the newest technologies available to the construction industry.
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Project Management
5 Habits of Successful Construction Project Managers
Utilizing project management methods effectively can help the building industry reduce the risk of failure and deliver projects more efficiently
Successful Construction Project Manager
Business
How Construction Contractors Can Avoid Fraudulent Lien Claims
Filing proper liens is critical to keep the process from backfiring on the contractor and having a lien declared fraudulent.
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