Cost overruns in construction projects can destroy profit margins and even put smaller companies out of business. Here are some common reasons for cost overruns.
It’s very important to keep tabs on your construction labor costs. Here are some pointers.
HR in construction helps workers unlock their full potential and keeps projects running smoothly. Learn more about what it entails here.
What is a Gantt chart and why is it important? Learn more about this construction scheduling tool and why it’s so popular.
Labour management in construction is crucial for ensuring projects get done safely and efficiently. Here are some tips for improving your labour management.
Construction labor tracking is essential for success in the industry. Here are some tips to make your data work for you.
In a lot of cases, construction workforce planning is still being managed by one or two members of the operations team using a series of spreadsheets or whiteboards. However, as the construction industry is continually shifting towards more collaborative technology, the need for web-based and mobile applications for workforce planning, like Bridgit Bench, has increased substantially.
One of the biggest struggles in construction workforce planning is keeping teams working at capacity, or fully utilizing their time. If a team member isn’t being utilized, they’re essentially “on the bench” and waiting to get in the game. Having team members on the bench creates an overhead cost that will negatively impact your bottom line. If you’re looking to effectively manage your workforce capacity, it’s critical to calculate and understand your workforce utilization rate.
Without question, construction generates a lot of data. In the past, the bulk of that data would be project specific and stored on paper, whiteboards, and spreadsheets. Once the project was completed, that data would often be filed away, moved to a “completed projects” spreadsheet, or worst case scenario – deleted. In most of those instances the historical data would never be seen again.
The culture around construction employment has made a dramatic shift in recent years. As baby boomers begin to retire and millennials now comprising 35% of the workforce, many general contractors are wondering how to make their organization more attractive to younger workers that don’t see construction as a fulfilling career choice.