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Home » Topic » Business » Business Development

Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise

by Lori J. Drake | Apr 21, 2021
Accounting | Business | Business Development | Finance | Risk | Risk Management

Contractors can protect themselves from potential credit risks by prequalifying potential customers and closely following their credit policies to collect payment.

High Safety and Quality Standards Aren’t Just for Government Projects

by Sean Miller, Dave Montoya | Apr 16, 2021
Business | Business Development | Departments | Legal and Regulatory | Regulations

Getting safety and quality right is imperative in construction. Not only does it ensure that employees go home safely to their families each night, but projects are run seamlessly with no unnecessary glitches, expensive rework [...]

Attaining the Iron Triangle for Project Success

by Michael Pink | Apr 15, 2021
Business | Business Development | Project Delivery | Project Management

A high-quality project, completed on time and on budget, is possible to achieve consistently if the schedule is under control and properly managed. The iron triangle does not need to be used any longer to justify mismanaged projects.

How Connected Data Can Take Construction Work to the Next Level

by Mark Edwards | Apr 15, 2021
Business | Business Development | Data Analytics | Technology

As contractors continue their data journey, more of the bigger picture will become clear until they have a complete view of the full project lifecycle, from design to delivery, and the ability to drive optimal outcomes as every stage.

Five Success Strategies for Growth in Construction

by Jacquelyn Grinder | Apr 15, 2021
Business | Business Development | Training

For some organizations, success means expanding into new markets while others define it as increased profits and more winning bids. Construction companies can create an environment of growth by using these tips.

Construction: America’s Economic Engine

by Michael D. Bellaman | Apr 1, 2021
ABCs | Business | Business Development | CEO Insights

In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to ABC’s newest analysis of U.S. Bureau of Labor Statistics data. Our study also shows that, prospectively, for [...]

Build Success With Employee Engagement Across Multiple Departments

by Granger Hassmann | Apr 1, 2021
Accounting | Business | Business Development | Culture | Human Resources | Leadership | Organization Culture | Productivity | Risk Management | Workforce

Some forward-thinking firms are advocating an integrated approach that involves collaboration among preconstruction, operations, legal and risk management, and marketing departments.

Protect Construction Finances by Controlling Occupational Fraud

by Matthew J. Boland | Apr 1, 2021
Business | Business Development | Business Risk | Human Resources

Establish protection and detection policies to limit exposure and losses by having zero tolerance for fraud. Swindlers will be more hesitant to commit fraud if they are being watched and sufficient controls are in place.
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