Though there are actually five phases to a construction project – concept, planning, execution, performance monitoring and closeout – in reality, most projects consider just two: planning and execution. People theorize a lot about the value of...
InEight Blog
Behind the Build
Browse our collection of construction blogs written by industry experts that offer insights on the latest trends in capital project management.
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“Construction is one of the toughest and most demanding industries with a sheer will that any challenge can be overcome. It is an inherent resilience that knows no bounds.” — Tad Bungener, EVP Marketing, InEight The InEight Global Capital Projects Outlook (GCPO) 2022 is out, and if there is one core idea that seems […]
Infrastructure and capital projects are soaring in activity and number, and so are their expenses. External factors such as rising prices for materials, along with fluctuating supply chain issues and difficulty in finding sufficient labor resources all play a part. Further amplifying this cost trend is the growing size and complexity of capital projects themselves, […]
Among the many goals of every construction estimate, accuracy must be considered the most important. Why? Because estimates that lack accuracy can adversely affect a capital project and possibly even jeopardize a construction company’s reputation and solvency. Yet calculation mistakes remain relatively common, items are sometimes inadvertently excluded, or initial data may prove to be […]
The lack of collaboration between the designer and contractor has driven our industry from the traditional design-bid-build approach to alternative delivery methods. These new methods have reduced unexpected change orders, improved project delivery time, increased client satisfaction and established a better relationship between designers and contractors. However, everything is not quite as easy as it […]
When it comes to construction data, context adds to the understanding of what those numbers are showing you. That’s true of the sometimes-misunderstood metrics like cost performance index (CPI). Most people would rightly assume it has to do with measuring the budget adherence of a construction project. Yet, like the other earned value management (EVM) […]
Fact: As the construction industry continues to grow and expand, it’s becoming more important than ever for companies to find ways to compete for talent. One way to compete is through technology. A new generation of construction professionals is entering the industry, and unlike prior generations, they’ve grown up with technology from day one, using […]