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1. www.procore.com › library › breach-of-contractBreach of Contract Explained for Construction ... - Procore

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   May 21, 2024 · The term "breach of contract" gets thrown around all the time in business, and especially so in the construction industry. Read on for a thorough discussion of breach of contract, major vs. minor breaches, how to bring a breach of contract claim — and how to respond to a breach of contract claim.

2. www.procore.com › library › construction-kpis8 Crucial Construction KPIs for Measuring Success | Procore

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   May 21, 2024 · What are KPIs? Key performance indicators (KPIs) measure how well a business is doing compared to its objectives. Each construction company may choose to track different KPIs, but the most common KPIs in construction revolve around financial targets, like cost, cash flow, and profit.

3. People also ask

   How can construction companies keep their finances on track?

   • By distilling their focus down to a few key metrics, construction companies can optimize processes and projects to keep their finances on track. 1. Profit Ultimately, construction businesses exist to make a profit, which they can reinvest in themselves to take on new jobs and expand their operations.

   8 Crucial Construction KPIs for Measuring Success | Procore

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   What does HR do at a construction company?

   • HR supports each employee in realizing their potential and making a positive impact on the business. For more on the responsibilities, challenges, and roles of human resources at a construction company, please see the post below. Tanca also assists you in developing a thorough personnel plan. Let's begin!

   HR in Construction Company: Roles and Responsibilities - Tanca

   www.tanca.io/blog/hr-in-construction-company-roles-and-responsibilities

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   What happens if a construction project goes long?

   • When a construction project goes long, you incur additional labor costs, equipment rental fees, and opportunity costs. You have to turn down jobs that might have been more profitable— and you have to deal with unhappy customers. In construction, time management is everything.

   Best Practices of Time Management in Construction Projects - Workyar…

   www.workyard.com/blog/best-practices-of-time-management-in-construction-projects-wy

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   What is construction inventory management?

   • The ultimate goal of construction inventory management is to help workers be as productive as possible by making sure they have the tools, equipment and materials they need, while controlling costs and limiting waste. For this article, we teamed up with experts at RNGD, a full-service general contractor based in New Orleans. 1.

   Construction Inventory Management: A Guide to Mastering the Process

   www.procore.com/library/inventory-management

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4. www.workyard.com › construction-management › what-isWhat Is Construction Management? - Workyard Blog

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   May 19, 2024 · Construction management is a professional service that uses specialized project management techniques to oversee every aspect of a construction project, from its initial concept to its completion. It plays a critical role in the construction industry, as it is designed to control a project’s time, cost, and quality — aspects commonly known ...

5. www.tanca.io › blog › hr-in-construction-companyHR in Construction Company: Roles and Responsibilities - Tanca

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   1 day ago · HR teams in construction companies place a high priority on safety. HR supports each employee in realizing their potential and making a positive impact on the business. For more on the responsibilities, challenges, and roles of human resources at a construction company, please see the post below.

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6. hotchkissinsurance.com › insights-and-resourcesProtecting Your Business: A Guide to General Contractor Insurance

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   3 days ago · Absolutely anyone involved in construction projects, from individual builders to large contracting firms, needs general contractor insurance. It protects your business from financial losses due to accidents, injuries, or property damage, regardless of your project size. It provides peace of mind, builds trust with clients, and ensures you meet ...

7. www.procore.com › library › inventory-managementConstruction Inventory Management: A Guide to Mastering the ...

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   May 21, 2024 · 1. Anticipate needs — and expect the unexpected. 2. Keep some hands on deck. 3. Manage delays wisely. 4. Put technology to work. 5. Run inventory like a business. Maintaining Control & Accountability. Types of inventory in construction. Broadly, there are three main categories of inventory that contractors need to manage: Consumables.

8. www.workyard.com › blog › best-practices-of-timeBest Practices of Time Management in Construction Projects

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   May 22, 2024 · The first step toward improving time management in construction projects is to know where your time is being spent. Workyard uses next-generation GPS technology to record the hours employees are spending on-site, automatically calculate overtime hours, and provide real-time labor reports. In this article, we share some best practices and tools ...