Construction Claims Insights

Change orders have several impacts on the construction project. Here are six major factors resulting from change orders that impact a project's cost and performance.

The selection of an appropriate delay analysis method is essential for identification of reasons that triggered the delay and possible way out to deal with it.

This article aims to shed light on some important points that the involved parties should consider in the bidding process of the construction projects.

The construction industry is difficult to understand for an ordinary person. The projects are very complex in nature. The problems that arise are very diverse.

Construction is one of the most important industries around the world. The world population is growing quite significantly, which gives rise to the need for new construction projects.

The construction industry has always been famous for its mismanagement and inefficiency, but it's not like that anymore.

Change is the only constant while dealing with complex construction projects. Enhancement of scope and varying design requirements of the clients are quite common during a building project.

Schedule delays in project completion impact not only the client but also the contractors. Such delays cause monetary loss, in addition to wasting precious time of all parties involved in the project.

Construction projects are complicated, and often, people lead to failure because they are not sure about the project life cycle. Every contractor has to understand that a project has to complete the life cycle for hitting the success notes.

Construction projects are big, and they last for at least three to six months. The process is complex as there are many stakeholders and tasks involved

Following are some easy ways to attain perfect financial risk management in construction projects: