Tag: supply chain

Managing Construction Cost Uncertainty in Modern Times

Whether a new construction project crosses your desk that is $25,000 or $25,000,000 (or more) in expected cost, how do you know with any certainty what the final costs will be? Conventional approaches include getting cost opinions from firms that specialize in determining construction costs through the estimating process. This is where the majority of […]

Need Construction Workers for Your Facility Project? Big Labor Shortage May Be a Problem

For the past two-plus years, facilities professionals have been struggling with COVID, the Great Resignation, and supply chain issues, leading to a lack of materials and major delays on facility retrofits and new-construction projects across the country. Although such problems were expected to continue in 2022, a new report from the Associated Builders and Contractors […]