Cost estimation of a project is the process of forecasting the probable cost for the due fulfillment of the project objectives, to the prescribed workmanship covered by specifications for various items of works and to the stipulated time schedule. For ...
Category: Construction Management
Construction management include a project manager, planning, estimation, scheduling, tendering, contracts, equipments etc.
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Contractor Roles and Responsibilities in Construction
The responsibility of a contractor in construction is the execution of the work activities that are required for the completion of the project. The roles and responsibilities of contractors manifest themselves in various aspects of the project for instance project ...
Vendor Management in the Construction Industry
Vendor management in construction industry focuses on enlisting the vendors, managing the services and goods provided by the vendors to execute the project in a less complex way. Every construction organisation demands vendor management to handle complexities associated with vendor ...
14 Principles of Management by Henry Fayol
The 14 principles of management stated by Henry Fayol is one of the famous administration theory used in management. This is the basics of any powerful management tool used in an organization. The 14 major principles of management are: Division ...
What are Permanent and Temporary Works at Construction Sites?
Construction site works are generally classified into permanent site works and temporary site works. Permanent site works are required for the entire lifespan of the structure. For example, some retaining walls can be a permanent structure that is part of ...
How to do Consultancy Work in Construction? Features and Benefits
Consultancy in construction is performed by a group of professionals designated as consultants. Consultants are appointed by the client in order to perform expert tasks on the project. Consultancy can be done for various areas of construction like structural design, ...
FIDIC Contracts – Forms of FIDIC Contracts and Their Uses
FIDIC Stands for Fédération Internationale Des Ingénieurs-Conseils (International Federation of Consulting Engineers) which has about 102 countries as members. The FIDIC forms of contract have conditions suitable for use in all types of construction, electrical, mechanical and domestic contracts. Forms ...
10 Tips to Help You Bid Smartly and Win Construction Projects
Acquisition of projects in the construction sector is generally done through the process of bidding. It requires a shrewd mind and years of experience to hone your bidding skills and prepare precise estimates to win a project. Your bid should ...