Business

Collaboration Reduces Risk, Protects Against Rising Costs and Labor Shortages

Construction is constantly changing, leaving contractors at risk of cost overruns caused by rising costs, labor shortages and supply chain issues. These risks can be reduced through measures to secure project costs early, prevent excessive change orders and maintain subcontractor relationships.
By Cameron Page
September 21, 2021
Topics
Business
by Cameron Page

Cameron Page is CEO and founder of Extracker, the construction industry’s first and only change order communication platform. Extracker is the solution to tracking project costs transparently and in real time. To learn more, visit extracker.com.

Related stories

Business
Top Three Impacts on Your Project's Critical-Path Method Scheduling  Cover Art

Top Three Impacts on Your Project's Critical-Path Method Scheduling

By Michael Pink
Getting your priorities straight is wise advice to follow, especially when working under the constraints of a construction project schedule and budget.
Business
Construction Backlog Indicator Holds Steady in November, Contractor Confidence Surges Cover Art

Construction Backlog Indicator Holds Steady in November, Contractor Confidence Surges

By ABC
Contractor confidence remains on an uptick as the construction backlog indicator remains consistent.
Business
Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook Cover Art

Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook

By Grace Calengor
No recession in 2025? Anirban Basu seems optimistic about the state of the construction economy at year's end.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.