The Facts About Construction Management

In simple terms a construction manager or supervisor is responsible for running the whole or part of a construction site. Also known as site or building manager, he or she will make sure a scheme is completed safely, on time and within budget.

Construction management typically encompasses multi-unit residential sites or commercial building sites, but not usually single-family residential building sites. Construction management of the site may be maintained by a general contractor or a separate entity who answerrs to the developer and is responsible for overseeing every aspect of the project from beginning to end.

A manager on a modest site might have full responsibility for the whole task. On larger sites, you may be in charge of a certain section and report to a senior site manager.

During a ordinary project, construction management personnel are responsible for overseeing each phase of construction and resolving any discrepancies in original blueprint design and actual implementation. Construction management personnel are likewise accountable for the cost of a project and must monitor material and labour cost. They may work with one or more project managers, architects, and site-specific superintendents, often in both an office and hardhat environment simultaneously. As well as overseeing the physical construction phases of a project, construction management must also be familiar with design and construction laws — including OSHA regulations and building codes — and serve as a point of contact for all issues. Equally important is delivering each phase of a project within a given time frame and budget.

The construction manager will often work with construction management software to organise efficient delivery and storage of construction material whilst making sure safety measures have been put in place.

Finally, the client will need to be kept informed at all stages in the construction process. Lots of work is done outside on site.

Even though many construction workers have never needed qualifications before, the only way they are finding themselves untouched by the current financial crisis, is by having the qualifications to back up their experience.

There are specialist management construction courses available for all staff of specialist companies with any direct responsibility for supervising the carrying out of work on site plus site supervisors, contract supervisors, contract managers, project managers and sales engineers. These courses look at documentation and procedures and other related legal and contractual aspects relevant to the work of specialist construction companies. They also give a comprehensive practical review of sub contract provisions. Courses are available with particular emphasis on record keeping and good contractual “housekeeping”. They also provide extensive briefing on key contractual aspects of supervising or managing work on site.

Construction management firms vary in size, and some provide their services exclusively to smaller general contractors. Large construction companies generally hire their own construction management personnel. The earning potential for construction management varies by region, but can easily reach six figures with experience and reputation for effectively managing larger, multi-million dollar projects. The best way to increase your earning capacity in today’s financially unstable climate is to enrol on a management construction course.

Poland’s Road Construction Sector Thrives On Ample Funding

Demand for information about changes in store for this sector is rising, and Road construction sector in Poland 2011, Development forecasts for 2011-2014 meets that demand.

“The report presents the current and forecasted trends, both for the road construction market as a whole, and its individual segments, i.e. national, regional and local government road construction. The report focuses mainly on forecasts for the market in the coming years, taking into account macroeconomic forecasts, the volume of planned investment, and funding possibilities for the planned projects. An important section of the report is the profiles of top ten road contractors in Poland, accompanied by the analysis of their current situation and strategies for the next years.”

In order to locate and capitalize on new construction opportunities as they arise, you need direct access to the latest news, sharpest analysis, most reliable statistics and knowledgeable forecasting available. Read Road construction sector in Poland 2011, Development forecasts for 2011-2014 today, and refer to this new report from PMR on a regular basis as you monitor market expansion and contemplate new business strategies.

This 7th edition document examines the various sources of investment fueling the road construction sector, making it the largest segment of Poland’s construction market. It considers how investment levels will combine with macroeconomic data to influence market growth over the next three years. It provides extensive analysis of the roads sector as a whole, and then breaks down the various segments, including: national as compared to local road construction, road construction as opposed to engineering projects, asphalt compared to concrete roads completed, public projects versus private/public partnership investments and new road construction projects as opposed to repair of existing roadways.

The largest road construction projects (over PLN50m) planned for the coming years are listed, compared and examined in detail, and the country’s top ten construction companies are profiled in terms of project value and future strategy, and their most recent financial information is provided. The report features a map of recently completed projects and their contractors, along with summaries of planned investments and complete SWOT analysis for the entire construction market.

While preparing Road construction sector in Poland 2011, Development forecasts for 2011-2014, PMR’s expert analysts have thoroughly researched all salient aspects of the market, consulted their most reliable sources and created a market guide that answers the questions of readers on all major issues with regard to both the current status and future progression of this dynamic marketplace.

The Specialization Of The Construction Industry

Today’s Construction industry has become quite competitive. Contractors are required to me efficient, cheap, and punctual. For either a new construction project, or a remodel, contractors have the challenging task of assigning the exact price for the completed work. In addition to the obvious cost calculations for the material costs such as foundation materials, lumber, roofing, doors and windows, cabinets, carpet, paint, appliances, plumbing, electrical wiring, landscaping, and many other things, they also have to calculate the time for each task to be completed and determine the labor costs for the construction project. In the past, one contractors quote may have varied greatly from the next, simply because of the many variables involved. Construction time was usually the target that was missed the most.

Computers and software developed for contractors has enabled contractors to work more efficiently. With the use of specialized software, contractors are able to provide more accurate quotes, and determine these figures in a much shorter amount of time. The quotes provided are usually more uniform depending on the contractors own markup.

The construction industry has become so refined, that many teams of workers are assigned to their specific task. When that task is completed, their job is done, and in comes the next team. For example, once the foundation had been built, the framing team needs to come in, followed by the plumbing team and electrical team. Next is the drywall team, the carpet team, the paint team, etc. What is impressive is that each team has specific estimating software for their stage of the construction process. T

When the electrical contractor has the plans for the building, including all the square footage figures, and all the plans and electrical needs, he can simple input all that information into his electrical estimating software, including the pricing of specific electrical fixtures and the current costs of wiring, etc., and the software will calculate the final costs, including labor. Each subcontractor has a similar process and when all taken in sync, the contractor is able to provide a total estimate for the construction project.

All of this specification results in a very efficient construction industry. Of course, you can still hire a jack of all trades builder, they still exist. Just understand that it is impossible for one person to be an expert in every process, as well as being an expert in the use of all the software available. His estimates will be more variable. Either way, the numbers should make sense to you, and everything, including the time table, needs to be put into writing.

Sale And Leaseback Financing Transaction For Heavy Equipment Heavy Duty Trucks, Construction Equipment And Machinery And Equipment

A sale and leaseback financing deal for assembly line equipment heavy duty trucks, construction equipment and machinery and equipment is where the company sells it free and clear assets and leases it back at the same time. These transactions can stretch anywhere from $50,000 to $6,000,000. This piece of writing will encompass the following types of industries and discuss its particulars:

Construction equipment, manufacturing equipment, production equipment, yellow iron, dump trucks and trailers, agricultural and farm equipment, and other heavy trucks

Many seasoned lenders have come up with many industries standards to make the available credit pretty much typical. The first area that the lender will take into account is the the value of the free and clear asset that is going to be sold and leased back. Each lender’s procedure is somewhat alike but they usually value the acquired asset somewhere between 50%-70% of the auction value. This auction value will come from trade publications and other standards in the industry for these individual assets.

Once the auction value of the asset and/or assets is established, the financial institution will look at the applicant’s credit. Some financial institutions will consider the credit immaterial as they spotlight on the auction value of the asset. Otherinstitutionswill acquire}the credit and grade them according. These institutionswill come up with a score and give the applicants different lending rates depending upon their credit and the asset involved.

Thefinancial institutionwill finance these bought assets anywhere from 24-85 months back to the applicant. Also, the lenderwill tender residual buyout clauses anywhere from 25% residual to fair market value of the asset at the end of the lease. This will maintain the applicant’s monthly payment as little as possible.

Sale and Leaseback Financing – What is required ? Usually, what is required from the applicant is:

Personal financial statements, a lease application, a review telling about the transaction and its particulars, and a comprehensive equipment list, identifying the assets to sold and leased back Obviously – bills of sale and title work will have to be performed by the lender.

The proceeds of these funds can be used for working capital, debt re-structuring, equipment acquisitions, and paying off judgements and other liens.

Non-bankable type transactions, home ownership isn’t required, and poor credit In conclusion, we propose you shop around for the best deal for yourself and understand all the facts of the transaction. Hopefully, this article about “Sales and Leaseback” financing assists you with your decision making.

In conclusion, a asset rich company with qualifying assets with poor credit and working capital and cash flow problems should consider this type of transaction.

Happy hunting for your financing

Aluminum Fabrication And Industrial Construction

Construction industry has been witnessing many changes with the innovations in the production processes as well as production equipment. The growing need for construction and commercial activities has compelled research engineers to make the production process more efficient. Aluminum welding, aluminum fabrication, parts repairs are all terms commonly applied in commercial and industrial manufacturing businesses. By making use of these modern processes, construction companies have innovated improvements in the production methods making them more efficient and cost-effective. Metal fabricators are able to transform raw material into products, tools and machinery easily and with greater precision.

All industrial and commercial concerns rely on aluminum fabrication and concrete cutting for all kinds of construction activities. These days, with the advancement in technology, aluminum fabrication is assisted with computer aided machinery and robotics for an improved performance and lower wastage. The fabrication services have become more complex and require more sophistication because of the enormity of construction activities.

For high quality aluminum fabrication, it is required that the professionals are fully trained and reliable. This is because of the high level of concentration and attention required in the process to ensure accuracy. Preparation of equipment is the first consideration to be made. The next step requires the selection and application of the most suitable technique for welding. Careful inspection of the process is also very important to ensure the job is flawless.

The fabrication is a method of cutting, shaping and transforming a material into a product. There are various fabrication methods and materials. The choice of the material and method depends on the product purpose, appearance and of course the budget. Aluminum is generally a preferred choice for various reasons. It is a lightweight and ductile metal. It has the following advantages over other materials used for welding, cutting, forming, lathing, milling and other such activities:

It is heat resistant:

The metal has a typically higher melting point and is less likely to degrade under extreme temperatures.

It is a strong and sturdy material:

Aluminum is much harder and durable than some of the other counterparts such as plastic.

It offers more versatility:

Aluminum can be used quite efficiently for a wide range of processes including casting, welding, soldering and forging.

It is cost-effective:

Aluminum is a relatively economical option especially for large construction jobs.

Aluminum, with the afore-mentioned benefits, is indeed a metal of choice in most companies for many construction jobs. A lot of industrial and construction companies make extensive use of aluminum fabrication and pipe fabrication for the many benefits it offers.