Construction Executive’s 2021 Q1 Construction Economic Update and Forecast
Anirban Basu and the Chamber of Data Anirban Basu, chief economist for Associated Builders and Contractors, will demystify the ever-changing economic landscape and provide an update following the 2021 construction industry forecast in December. Basu will share the latest statistics, unemployment and labor figures, in addition to his exclusive (and always entertaining) economic outlook. During […]
Five Tips to Protect Your Construction Business Against Financial Fraud
According to the 2019 AFP Payments Fraud and Control Survey, 82% of organizations reported fraud incidents in 2018, and 43% experienced direct financial loss as a result. The construction industry isn’t exempt—56% of fraud cases are directly related to billing and check/payment, and the median loss reached approximately $250,000 in more than 40 fraud cases. […]
2019 Construction Economic Forecast
Momentum Will Persist For Several More Quarters, Contractors Should Stay Vigilant as Longer-term Inflationary Pressures Build Be the first to find out what economic trends will directly affect your bottom line in commercial and industrial construction next year. On Dec. 12, Construction Executive’s 2019 Construction Economic Forecast will be presented by Anirban Basu, the chief […]
Developing Business Strategies to Help Contractors During Difficult Times
For most of us, 2020 did not go according to plan. Contractors have been tasked with finding new ways to run their businesses, putting finance teams at the center of this “new normal.” There are key data points that your business should focus on to not only monitor for market conditions, but also to gain […]
Transforming Cost Management: The Next Wave of Construction’s Digital Evolution
The second wave of construction’s digital transformation is here and advancing cost management is at the forefront. Explore how real-time financial tools can improve your bottom line and redefine what’s possible for construction cost management. Over the last two decades, construction’s digital transformation has focused on digitizing drawing and documentation management, while largely ignoring cost […]
Improve Productivity and Reduce Downtime With a Digital Asset Management System
Construction workers spend approximately 30% of their time waiting instead of working due to unavailable equipment, delayed deliveries and workflow variations, which delay precursor steps. To mitigate these challenges, construction firms typically conduct daily job box inventory checks and manually record tool information with handwritten notes, whiteboards and spreadsheets. Besides the errors and inefficiencies that […]
Effectively Implement Technology in the Field to Save Time and Increase Profits
Updating field technology comes with a unique set of challenges compared to implementing new office systems. Learn from industry experts who have perfected how to maximize the impact of their field technology investments.
From Precon to Closeout and Everything in Between: Automating Processes for Project Efficiencies
From preconstruction to closeout, and everything in between, hear how automating the collection and handover of critical project documents can transform your processes, create greater efficiencies for your teams and projects, and ultimately, bring peace of mind at the end of the day.