Financial ratios are key parameters that help in understanding the financial health of a construction business clearly and effortlessly. They are a lifesaver when it is hard to determine the financial status of the company from a set of standard ...
Category: Construction Engineering & Management
Construction Engineering & Management provides information on Equipments, Contracts, Project Management and cost estimation of project.
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Factors Affecting Construction Cost of a Project
The cost of construction of a project is the primary concern for most clients. Frequently, they ask about the cost of the project and whether construction work can be executed at a lesser price or not. This question can be ...
Timbercrete: Components, Advantages, and Applications
Timbercrete is an environmentally friendly construction material, produced from a mixture of sawdust and concrete. It reuses waste products and replaces some energy-intensive components of conventional concrete. So far, timbercrete has been used to produce bricks, blocks, panels, and pavers, ...
Construction Tolerances for Cast-in-Place Concrete Members in a Building
Construction tolerances are allowed variations in a designated dimension of cast-in-place reinforced concrete elements. They are necessary means of controlling vertical element plumb, size, length, and location of various cast-in-place concrete elements in a building. This is because structures are ...
How to Mitigate the Impact of Inflation on Construction Industry?
According to the latest U.S. Consumer Price Index report, inflation rate in the United States has reached a 40-year high. This will affect all the business sectors, including the construction industry, highlighting the importance of mitigating inflation. Inflation cannot be ...
Connected Construction for Successful Projects
Connected construction is a working system where construction job sites, machines, and workers are connected using several technologies to enhance operational effectiveness and safety. In a connected construction environment, technology facilitates communication and ensures that the project teams have the ...
How does Inflation Affect Construction Industry?
Inflation is a major challenge for the construction industry as it leads to an increase in the prices of building materials, hiring rates of machinery, consultation fees, and other inputs to construction projects. As a result, it may delay project ...
What is SOV in Construction?
A schedule of values (SOV) is a comprehensive documented list of each construction task that constitutes a construction project, along with their payment values. SOV is a standard practice followed by contractors to bill the clients. An SOV lists out ...