Remove construction-contracts-best-practices
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Construction Contracts: Types, Best Practices & Mistakes

ProjectManager.com

This is especially true of construction projects. Construction projects often require outside specialists to complete aspects of the work, and construction contracts bridge the gap between contractors who they hire so everyone knows what is required. What is a Construction Contract?

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Creating a Request for Quote (RFQ) for Procurement

ProjectManager.com

Once the request for quotation has been approved and you’re contracted with the supplier or contractors you’ll be using for the project, you’ll want to track those costs as you move through the project’s life cycle. This is commonly used in two industries: construction and manufacturing.

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Contractor Management: A Key to Successful Projects

ProjectManager.com

Construction projects must be well orchestrated. In the most general sense of the word, a contractor is someone who has signed a contract that legally binds them to specific work, including labor and materials. Choose the Right Type of Service Contract for Your Project It’s time to contract with your contractors.

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What Is Contract Administration? Key Practices and Processes

ProjectManager.com

If you’ve ever worked on a large-scale project—especially a construction project—you’re familiar with the concept of contract administration. These details are outlined and solidified in an official document; a contract. Drawing up a contract is not as simple as two parties sitting down and having a conversation.

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Time and Materials Contract: When to Use One & Best Practices

ProjectManager.com

One is by a fixed price, where a contract defines what will be done and sets a specific and final price for that work. If the team takes too long to complete their tasks or requires more materials than outlined in the contract, they eat those costs. The other is a time and materials contract. Try it for yourself today!

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

The general contractor is responsible for all the construction contracting activities that occur on a construction site. These general conditions in construction are varied and costly. If you’re a general contractor working in construction project management, you’ll need to know about general conditions.

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Lean Construction Principles & Best Practices

ProjectManager.com

There’s more than one way to manage a construction project. From the world of manufacturing comes an approach called lean construction. But lean manufacturing and lean construction are two different things. Let’s explore lean construction, defining what it is and its key principles. What Is Lean Construction?