The construction industry is seeing unprecedented change in a sector that is traditionally resistant to new ideas. One way the industry is changing is the use of offsite building and technology to improve productivity thanks to the construction labor shortage. Technology is also changing the way builders market themselves, especially since millennials and Gen Z …
The construction industry is notorious for going over budget and not delivering on time. While there are many legitimate reasons for that, it doesn’t make for happy customers. Here’s how to stay on budget without eating into your own profit margins. Keeping records of your running costs is the best way to ensure that you …
You need to produce accurate estimates that don’t price you out of the running, and ensure your profit margins. You can’t spend hours on these, so you need to have a system in place to save time and prevent costly mistakes.
If you are wondering how to build homes with greater appeal to buyers, installing tech is the way to go. A recent survey found 35% of construction companies building single-family homes provided the infrastructure required for a “smart home”. One way to do this is with the installation of a home WiFi network. According to …
By Tom Murphy Construction is experiencing higher demands on budgets, product capabilities, deadlines and skilled labor. If you are an engineer, builder, or general contractor/framer you need a simple and different approach to attain the perfect height panel for your dimensions. The premise here is that the 4×8 panel may no longer meet the speed …
When you are designing building envelopes, knowing the real energy efficiency of your walls is essential to success. The walls are a large surface area of the house and are often the least energy efficient. There are ways to improve the energy efficiency of your walls without significant changes to the way you build. One …
With the labor shortage limiting the size of building crews, construction managers are becoming more inventive and using technology to bridge the gap. One under-utilized tool in every manager’s toolbelt is mentoring. More than half of fortune 500 companies have a mentoring program to help develop talent because it works and it could work for …
When you’re the owner or manager of a small contracting company, you have to wear all the hats! Ordering supplies, writing quotes, managing your team and ensuring your jobs come in on time and under budget. It’s a lot to handle and you can be forgiven for not putting your marketing efforts at the top …
The December survey of the NAHB/Wells Fargo Housing Market Index found that 87% of construction professionals site labor shortages and increased costs as their number one concern moving into 2020. Looking back, only 13% of construction professionals thought labor shortages would be a problem in 2011. That number jumped significantly in 2014 when it reached …
If you are looking to climb the ranks in your construction company, a construction management degree is something you should think about. As with all degrees, you must consider the cost as degrees can range from $28,000 to $116,000. Last year saw a 5.7% increase in enrollment for four-year undergrad programs in universities across the …
