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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. 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. The construction payment schedule can be looked at as a sort of insurance.

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Construction Risk Management: An Introduction

ProjectManager.com

Few things are as risky as construction. How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan. What Is Construction Risk Management?

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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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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

When viewing construction, one commonly recognizes three sectors: residential, commercial and infrastructure. For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. What Is Industrial Construction?

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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. We’ll answer these questions, explain when the schedule of values is used and the benefits of using one.

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The Gantt Chart in Construction Project Management: Understanding the Best Planning & Scheduling Tool

ProjectManager.com

Construction Gantt charts, therefore, are a natural fit. Gantt charts in construction can be used for any number of different activities. We’ll show you how to make a Gantt chart in ProjectManager and why construction Gantt charts help deliver projects on time and within budget. What Is a Construction Gantt Chart?

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Construction Reporting: Types of Construction Reports

ProjectManager.com

All projects use reporting to monitor progress and performance, but in construction reporting is especially important. Construction reports are more varied and chart everything from project status to incidents and compliance. First, let’s define what construction reporting is and then explain why construction reports are so important.