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Home » Topic » Business

Can Connected Data Improve Construction Project Certainty?

by Bradley Barth | Jun 8, 2021
Productivity | Risk Management | Technology

Connected data—made possible by integrated project controls platforms—can drive more realistic, risk-informed plans and dramatically reduce the contingency associated with uncertainty.

Focusing on the Business Side of Projects and Adopting a Cloud Strategy Is Key Post-COVID-19

by Matt Mong | Jun 8, 2021
Business | Business Development | Project Delivery | Project Management

COVID-19 presented a rare opportunity to reevaluate how contractors look at their businesses and how they should set their companies up for future success.

Three Steps to Maximize Construction Cash Flow

by Jeff Carson | Jun 8, 2021
Accounting | Business | Business Development | Finance

While it may seem basic, many contractors do not have a fundamental cash management strategy in place—or they do not revisit and revise their strategy on a regular basis. Here are a few steps contractors can take to boost cash flow.

Deteriorating Backlogs: Responding to a New COVID-19 Reality

by Ronald J. Eagar | Jun 3, 2021
Business

With construction jobs scarce and bidding fiercely competitive, it is tempting to jump on any work you can find. But there is a smarter approach to planning for dwindling backlogs.

Help Wanted Now: Hiring Surge Ahead

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

Collectively, all signs indicate that construction industry recovery will continue into the summer and beyond. The good news: The worst is now past us in terms of market deterioration. While construction executives will have little [...]

News Briefs: June 2021

by Construction Executive | Jun 1, 2021
Business | News Briefs | Nuts + Bolts | Productivity

World of Concrete, Amazon unionization efforts, paycheck fairness and more.

Wearables: Driving Jobsite Productivity and Profitability

by Bob Dolan | May 30, 2021
Productivity | Technology | Wearables

Using data from wearables gives contractors insights into workforce productivity and equipment usage, and the tools to understand the interaction among workers, equipment and jobsite environment.

Significant Impacts of Revenue Recognition Under New Topic 606

by James Wiedemann, Robert Mercado | May 27, 2021
Accounting | Business | Finance | Legal and Regulatory | Regulations

Understanding the new revenue recognition standard is essential to determine how it will impact contractors' financial statements.
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