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The Construction Resource Management Process Explained

ProjectManager.com

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. Resources in construction are managed by construction resource management. What Is Construction Resource Management?

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Construction project management has five phases, the same as any project. Construction phases have different names and require different documentation to begin with. We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction.

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7 Budget Templates for Business & Project Budgeting

ProjectManager.com

The project budget is developed during the planning phase of a project. To help you get started, we have 7 free budget templates that you can download right now. 7 Budgeting Templates for Business and Project Budgeting Below are seven budget templates that you can use for estimating your project’s costs.

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Construction Cost Management: Managing Construction Costs

ProjectManager.com

Construction costs are one of many metrics that a general contractor has to keep an eye on. But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. That’s why construction cost management is so important. What Is Construction Cost Management?

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RFI in Construction: A Quick Guide for Contractors

ProjectManager.com

An army of subcontractors each with their own specific discipline complete construction projects. An RFI in construction is a request for information. This construction document helps subcontractors understand what they need to do if they have any questions. What Is an RFI in Construction?

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How to Make a Contractor Payment Schedule in Construction (Template Included)

ProjectManager.com

Construction projects are often long and complicated endeavors. Payment is determined in the contract process, which includes the contractor payment schedule. Let’s look at the construction payment schedule to fully understand its benefits. The contractor payment schedule is how contractors in construction projects are paid.

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

But what is a schedule of values and why is it such an essential construction project management document? The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. Then we’ll link to a free schedule of values template to help you get started.