In the field of engineering and construction, T&M stands for Time and Materials contracts involving two parties. T&M contracts have a timeframe attached to them with an agreed price for labor and materials. T&M contracts are used when both parties...
The art of estimating construction cost is a process or procedure of accurately forecasting the cost of completing a building project from start to finish. As we all know, erecting a building is capital intensive, so concerned parties want to...
There are two types of costs that construction organizations deal with on a daily basis in the workplace. These costs are direct cost and indirect cost. Although both costs are important, premium consideration is placed on direct cost because of...
Construction estimating is an all-important process that is part and parcel of construction project management. This process involves the anticipation of the total cost for a construction project. Essentially, the success or failure of a project starts from the point...
What is Change Management in the Construction industry? Change Management is a broad term used by experts to describe the guidance, preparation, and execution of new plans. In the construction industry, change is effected with the aid of planning tools....
What is the Change Management Process? The Change Management Process clearly spells out the series of activities required to effect change in an organizational setup. Consider them as a set of rules that a project leader must follow to achieve...
Real-Time UpdatesFieldFirst Camera allows for real-time reporting and updates, enabling construction quality control inspectors to provide timely feedback and updates on inspection findings, improving overall project efficiency.
