Construction Project Planning & Scheduling

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The Keys to Construction Client Retention

  • Every business wants its customers and clients to keep coming back for more. Client retention will set you apart from the crowd in the commercial construction industry. However, client retention requires effort and persistence. Consider a retail brand where you regularly buy products. Why do you keep coming back? It may be the quality of the product, the customer experience, getting the most for your money, or even their marketing efforts. When you run a construction business, you want to ...

    How to Make Your Construction Business Profitable

  • It seems lately like there's no end to the list of challenges construction businesses and contractors face these days. It's not surprising that we've heard from industry insiders that maintaining profitable margins is becoming increasingly difficult. The good news? There are a few steps you can take now to build processes that make your construction business more profitable as you scale and grow. Accurate Estimates and Job Costing Knowing how much a project costs to complete means you'll have the upper hand ...

    How to Avoid Expensive Construction Mistakes

  • Think about this: nearly half of recently surveyed construction professionals said that at least one of their projects underperformed in the past year. While there's no such thing as a "perfect" construction project, there are steps that project managers can take along the way to ensure that expensive construction mistakes don't derail the budget or the timeline.  Along with overruns, these missteps can also lead to lengthy legal disputes -- something that no construction contractor wants to deal with. Below we ...

    How to Optimize the Construction Scheduling Process

  • Investing in construction scheduling software like Primavera and learning how to use it is a great way to equip your team to streamline construction scheduling and planning. Regardless of which software or strategy you use to schedule your construction projects, there are a few ways to optimize the construction scheduling process. Opt for digital transformation: Put away the pen and paper; there are much better tools for creating construction project schedules. There’s plenty of sophisticated software available to your team that will ...

    How to Help Your Construction Business Stand Out

  • The demand for construction contractors has steadily grown over the past few decades, with the last few years being somewhat of a rollercoaster. The industry has expanded, and there are now seemingly more customers than contractors – creating a higher demand for contractors and a backlog of work for many.  Regardless of the current market, your construction business should still find ways to stand out. Although completed projects speak for your work, your reputation hinges on more than that. Take advantage ...

    The Keys to Construction Project Scheduling Success

  • Optimized project scheduling means your business is utilizing every team member based on the phase of the project, and knowing how to use tools like Primavera means business owners aren't stretching employees thin and creating unnecessarily difficult working conditions. Additionally, project managers can take a few extra steps to plan, execute, and complete a successful construction project. Plan In Order This may seem like an obvious tip, but it's a great reminder even for the most seasoned construction industry veterans. Even before ...

    Construction Business Growth Tips

  • Construction business growth is generally hard, but that’s especially true right now. With rising material costs, widening labor gaps, and increasing inflation, owners and contractors are finding their margins shrinking. The good news is that a few strategic investments and some time will help support construction business growth initiatives. Adopt and Integrate Tech There are a growing number of tools to help with scheduling construction projects, and hesitancy to implement new tech tools could slow down timelines and cost you clients. Tech ...

    How to Close the Construction Labor Gap

  • As of 2019, it was projected that nearly 41% of the workforce would be retired by 2031. While the industry knew that the construction labor gap was widening as the years went by, nobody could fully predict how the ongoing pandemic would fuel unprecedented growth and demand for experienced construction professionals.  Businesses are now as multigenerational as they ever have been, and leaders (in and out of construction) are making it a priority to build a diverse workforce. Engaging younger employees ...

    Choosing Construction Scheduling Software

  • There are a growing number of tools to help with scheduling construction projects, and hesitancy to implement new tech tools could slow down timelines. The truth is that tech has never been easier to integrate with current workflows, and there are teams of experts like us here at Thomas D Wilson Consulting, Inc. that can help train employees on how to use the tools efficiently. Additionally, these tools help construction teams adapt to a “new normal” — the standards and ...

    How to Keep Construction Employees Engaged

  • Many construction contractors are struggling to keep projects on track faced with labor shortages and hiring procedures that may not be conducive to attracting the right talent. A growing pool of clients seeking contractors means competitive bidding, and margins are already pinched due to material shortages. Contractors are turning down work because of the labor shortage, and stakeholders are demanding a greater return on their investment. Ultimately, it's much easier and more cost-efficient for construction business owners to retain employees than ...

    Construction Project Tips for 2022

  • It’s been a tough several months for contractors and construction business owners, and while 2021 has generally shown growth in the construction industry, there are still plenty of challenges to overcome. Construction project management from the top down will be crucial for deadlines to be met and budgets to be followed, but it will look a little different in 2022 than it has for the last few years. With that in mind, our team has collected some construction project tips ...

    How to Cut Construction Costs

  • What you spend as a business owner is directly proportional to how significant a profit margin you can create. This is true across all industries and for all businesses of all sizes. Still, it’s an especially pertinent lesson to remember when you own a construction business or you’re a general contractor, and it all starts with cutting construction costs. Minimizing constructions costs isn’t a one-and-done approach, either. It’s the proactive, ongoing application of several strategies, and it requires owners and contractors ...

    Navigating the Construction Labor Shortage

  • The construction industry faced a labor shortage before things were further complicated by the pandemic and subsequent housing market boom. Hundreds of thousands of construction workers will need to be hired in the coming years if the pace of this demand continues.  Contractors of all shapes and sizes, both commercial and residential, are facing unprecedented levels of work but can only complete projects if they have enough skilled workers. Business owners have raised pay, so that isn’t the issue. However, an ...

    Boosting Construction Worksite Productivity

  • When it comes to worksite productivity, construction scheduling project management is a critical piece of any major project. A realistic, logical calculation of the best-case scenarios, likely scenarios, and worst-case scenarios gives you and the project team an accurate schedule to work by. Delays are mitigated or avoided by accurate project planning and management of various construction time windows. Why Does Productivity Matter? Productivity on construction job sites is about more than how quickly a job can be completed. It’s also about ...

    Calculating Equipment Costs

  • When it comes to creating accurate bid proposals and keeping construction projects on track, one of the biggest challenges for contractors is estimating equipment costs. While there are several different ways to calculate equipment costs, there are some considerations to keep in mind when getting the cost of equipment right.  Own Vs. Rent If you choose to rent equipment on a per-project basis, this should be a fairly straightforward number to include in your bid proposal -- it should (theoretically) be the ...

    Navigating Construction Industry Challenges

  • A long year of pandemic-related circumstances has presented its fair share of challenges, which has only been compounded lately by an extreme shortage of key materials. Items like lumber, steel, and resins for paints and plastics are all in high demand, causing a new set of construction industry challenges for contractors of all specialties. Where It Started At the onset of the pandemic, nearly all construction projects came to a halt as the industry decided how to best proceed safely. Additionally, several ...

    The Role of Artificial Intelligence in Construction

  • Technology has long been making its impact on the construction industry -- just look at tools like scheduling software and project management apps. However, the introduction of artificial intelligence (AI) is making construction technology smarter, more efficient, and much more sophisticated. In fact, AI is likely everywhere around you on a jobsite and you may not even realize it. Generally speaking, the label of artificial intelligence can be applied to technology (machines) that can be trained to learn particular habits, identify ...

    Common Construction Scheduling Mistakes to Avoid

  • There’s no question that every construction project needs a schedule to stay on track and budget, not only for budgeting and planning resources, but for several additional reasons as well. However, having a poorly crafted schedule is worse than not having one at all. Regardless of which software or strategy you use to schedule your construction projects, there are a few common construction scheduling mistakes that you should avoid. Ignoring Experience There’s a good chance that your firm doesn’t yet have a ...

    Keeping Construction Projects On Track

  • Stakeholders, investors, contractors, clients: It takes a team to keep a construction project on track, but the more people that are involved, the higher the risk of delays, cost overruns, or even work stopping altogether. While we may not have a crystal ball to predict everything that could go wrong, there is plenty that we can do on and off the jobsite to help things run smoothly. Through our work scheduling construction projects, training professionals, and acting as an expert witness ...

    Hiring Subcontractors: Tips and Best Practices

    Subcontractor
  • It’s a fact: Regardless of the size of a construction business or the type of projects being taken on, there’s a good chance that subcontractors play a role on each and every jobsite. Because general contractors are ultimately responsible for completing projects on time, on budget, and without disputes, it’s critical for success to make sure the best subcontractors are on board. While general contractors will often form and nurture relationships with subcontractors over the course of years, there will ...

    Leadership In Construction

  • The most successful construction firms not only recruit the top talent, they also foster upward mobility from within. When a construction consulting company works to build leadership, the result is a company culture that shows clear appreciation for employees -- and tends to be more successful overall. Tap into these strategies to help boost the leadership skills of your team members. Both managers and leaders are integral parts of every construction project, but there are key distinctions between the two. While ...

    Critical Path Method Scheduling for Construction Pros

  • The critical path method (CPM) was developed in the late 1950s by the DuPont company. Leaders were searching for strategies to reduce downtime due to necessary warehouse maintenance. During the first year that the CPM was implemented, DuPont saved what was, at the time, valued at $1M in operating costs. This approach was so effective, it was applied across industries and played a major role in the Manhattan Project and the construction of the Twin Towers in New York City. When ...

    Projections for 2021 Construction Trends

  • There’s been practically no corner of the construction industry that’s been untouched by the global COVID pandemic, and we’re seeing its impact as we look towards the coming months. Several construction trends are emerging due to sweeping changes that were implemented to keep team members and jobsites safe and healthy; below we outline a handful to keep on your radar. Focus On Safety Safety in the construction industry is a crucial necessity, but now that’s true more than ever. Protocols for cleanliness, ...

    How to Use Construction Scheduling Technology to Stay On Track

  • Think about these stats: Construction industry spending totaled nearly $1.3 trillion in 2018, with a workforce of over 11 million people and accounting for about 7% of the country’s GDP. Now more than ever, it’s crucial for construction companies and contractors to keep projects running smoothly, revenue flowing in, and reputations intact. Despite being one of the largest industries in the US, 35% of construction employees report being hesitant to try new technology.  There are a growing number of tools to ...

    The Evolution of Construction Project Management

  • In order to understand the history of construction project management, we need to take a look back at some of the first projects to be managed. The ancient Egyptian pyramids are a great example -- one of the most expensive construction projects on record.  Built around 2500 BC, the pyramids of Giza took around 100,000 laborers and 20 years to complete. The project took 2.3 million blocks of stone that weigh about 2.5 tons a piece. The pharaoh who ordered it ...

    How to Prevent Construction Project Disputes

  • Construction business owners face mounting challenges these days that deeply impact their profitability and overall success, and that includes the risk of construction project disputes. These disputes can center around a number of factors that can cause budget overages, work delays, and even litigation, and that’s something your reputation may not be able to withstand. The good news is that construction disputes can be prevented if owners, clients, and subcontractors take steps to avoid miscommunication and concentrate on optimizing planning and ...

    Understanding Cash Flow for Construction Contractors

  • It’s easy to have some kind of idea about the money your construction company takes in, but do you know what to do with it next? Proper cash flow management offers a long list of benefits that will help increase your margins and make business run smoothly and efficiently. Consider trying these strategies to maximize and improve cash flow in and out of your construction business.    Get Strategic with Suppliers It’s widely known in the construction industry that price fluctuations are seasonal ...

    Client Relationships in Construction

  • Just like with interpersonal relationships in our personal lives, building client relationships takes consistent contact, commitment, and plenty of time. Regular conversations -- in whatever form they take -- help keep your construction business top of mind for customers and lets them know you’re still around in a supportive role. It’s when you lose touch that the bond you created starts to fall away. Think about your ideal customer. This persona likely includes clients that work only with your construction business, ...

    Protecting Your Construction Business During a Crisis

  • It wasn’t that long ago that the Great Recession impacted the construction industry in ways that many businesses are still recovering from. While it’s never easy to predict when a crisis will lead to a downturn in the economy and what the consequences may be, it’s important to take steps now as a proactive measure to protect your construction business.  Regardless of the size of your construction business, any number of things could affect your revenue: contractor disputes, lawsuits, unpaid invoices ...

    Tech Tools for Construction Project Management

  • Tech Tools for Construction Project Management Tech Tools for Construction Project Management. When it comes to keeping your construction company running like clockwork, your employees are your most valuable assets. Construction projects can’t be completed without them, but adding tech tools into the mix means those projects are finished faster, more efficiently, and at a higher level of quality. While each project and industry is different, there are a handful of tools that every business should be using.   Virtual Reality VR tools are ...

    Critical Path Method Best Practices

    Critical Path Method Best Practices
  • Critical Path Method Best Practices Critical Path Method Best Practices. The success of any construction project relies on the scheduling process and the prioritization of tasks. This starts with identifying the most important jobs and assigning resources and responsibilities, which is where the Critical Path Method (CPM) comes into play.  Simply put, the critical path is the journey between the start and finish of your project. It’s the method you use to determine how long each required task takes before it’s finished, ...

    Construction Project Scheduling Best Practices

    Construction Project Scheduling
  • Construction Project Scheduling Construction Project Scheduling. Regardless of the type, size or scope of your construction project, keeping everything on schedule is crucial for staying on time and budget. While each project is different and may need a customized approach, there is a handful of universal scheduling best practices. Not only will you ensure that the project is a success, but proper construction scheduling also helps to avoid litigation caused by contract non-compliance.   Keep the Strategy in Mind During Scheduling Before even thinking ...

    The Ins and Outs of Construction Disputes

    The Ins and Outs of Construction Disputes
  • The Ins and Outs of Construction Disputes The Ins and Outs of Construction Disputes. With so many moving parts, there’s no wonder that disputes can happen during any and every stage of a construction project. Lack of planning and communication are often at the center of these disputes, which makes proper scheduling imperative for helping avoid or resolve these issues. That said, it’s important for everyone involved to understand what a construction dispute is, how to resolve them, and the steps you ...

    Cutting Construction Project Management Costs

    Cutting Construction Project Management Costs
  • Cutting Construction Project Management Costs Cutting Construction Project Management Costs. Regardless of budget or scope of the project, the best way to control construction costs is by making the best use of your resources -- starting with the project management process. This doesn’t mean cutting corners and quality; it simply means finding ways to optimize project management for both cost and time efficiency. Here are three important ways to cut construction project management costs. Outsource Project Management It’s crucial that decision-makers for a ...

    Tackling Common Construction Company HR Challenges

    Common Construction Company HR Challenges
  • Common Construction Company HR Challenges Common Construction Company HR Challenges. The most important asset of any business is its workforce, and that’s especially true in the construction industry. While all industries face a few universal human resources and recruiting challenges, construction businesses have to tackle unique issues: Lack of qualified talent, high turnover, and safety concerns top the list -- but those aren’t all.  Below you’ll find five major challenges that construction business owners seem to face the most, along with some ...

    How to Choose the Right Commercial Construction Project Manager

    Commercial Construction Project Manager
  • Commercial Construction Project Manager It’s a simple fact in commercial construction: Your project manager can either make or break the project -- and your company. This is especially true in an economy where it’s imperative to keep projects on time and on budget. The market is saturated with professionals who all claim to do the same thing, but how do you know the PM you choose is right for the job? It can be tempting to concentrate only on cost, but betting ...

    Common Construction Company Owner Challenges — and Their Solutions

    Construction Company Owner Challenges
  • Construction Company Owner Challenges Construction Company Owner Challenges. Would you be surprised to find out that the construction industry is the third-largest industry in the US? With healthcare taking the lead and tech a close second, the Associated General Contractors of America shows that construction spending hit a seasonally adjusted annual rate of $1.329 trillion during the first eight months of 2018. Despite adding an estimated 750,000 jobs to the economy over the next seven years, construction company owners continue to face ...

    Construction Project Management Tips from the Pros

    Construction Project Management Tips from the Pros
  • Construction Project Management Tips from the Pros Construction Project Management Tips from the Pros. “If you fail to plan, you plan to fail.” This old adage couldn’t be truer than it is for construction projects. When things go off the rails, it’s the project manager that becomes responsible for getting the entire team back on track. Whether you’re just beginning your role as a project manager or this has been your job for years, it’s important to revisit the basic best ...