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General Contractor Margin Update

TASA ID: 3647

It’s been awhile since we checked in on general building contractor finances. The best data comes from the annual Construction Financial Management Association annual report, now called the Benchmarker. They survey most financially sound builders each year, and provide data that the builders themselves can use to gauge their progress versus their peers. The last time we did this was in 2013, so we will be seeing what has happened in the last three years as the market and the economy have improved.

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The Risk in CM at Risk

TASA ID: 3647

In the last few months we have started using Monte Carlo simulation and more risk assessment on schedules as a result of the realization of how far we had missed overall schedules in the past. Our colleagues in industrial plant investment decision making have a well developed set of risk management practices to handle their technical, political, and governmental risks.

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Category: Construction

Six Ways to Control Infections During Construction Projects

TASA ID: 931

Understanding how to control potential hazards that can cause infections in immune suppressed patients is imperative for ensuring a safe environment for patients and staff as a construction project proceeds.   State health agencies and the Joint Commission have requirements that must be met.  Fortunately, there are six easy steps you can take right now to control infections during your construction project.
Category: Construction

Construction Delays Analysis Methods

TASA ID: 2488

Construction projects often suffer from delays due to a wide variety of reasons, which can have severe financial impact on the project. As a result, delay claims may be filed. The analysis of the delay impact, the causes, and effects of the delaying activities is one of the most complicated types of claims analysis. It requires an expert with extensive knowledge of construction projects, means and methods, scheduling, and the ability to develop a sound methodology to conduct the analysis. Most of these delay claims reach the expert after completion of the project. This results in a detail- intensive research of the documents to verify schedules, events, sequence of work, changes during construction, and the delay impact.
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