A schedule of values (SOV) is a comprehensive documented list of each construction task that constitutes a construction project, along with their payment values. SOV is a standard practice followed by contractors to bill the clients. An SOV lists out all individual costs in contract price from the start to the finish of the project. […]
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If you’re a part of a construction company, you must realize how important it is to have reliable equipment. Without the right tools and equipment on your site, you could end up with a lot of wasted time, resources, and money. There are numerous construction companies operating around the world but there are times when […]
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Interest rate hikes make construction projects more expensive because the cost of construction materials increases. It also reduces the profit as the construction companies may be forced to pay out of their pockets for increased interest rates on loans. The rise in interest rate reduces housing demand as the mortgage becomes expensive. The increase in […]
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A request for information (RFI) is a formal written process undertaken during a construction project to clarify information like plans, drawings, specifications, and agreements. The main objective of RFI is to define the construction data that is missing or unclear. RFIs often become a source of delay, conflict, and legal claims. Hence, it is necessary […]
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Snagging in construction is a process carried out before practical completion of a project, i.e. when it is considered complete and ready for inspection. A snag, in the simplest terms, is a small defect that remains on the property after the contractor has completed a construction project. It is a slang expression that is defined […]
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Hard costs in construction cost estimation are the costs of physical construction elements like foundations, superstructure, interior finishes, laborers, equipment, etc. They are the tangible costs in a construction project that are relatively easy to estimate. Hard costs in construction are quantified by an experienced estimator. These costs account for around 70 percent of the […]
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A solar chimney or thermal chimney is a passive solar cooling and heating system that regulates temperature, improves ventilation, and enhances fire safety inside a house. It uses environmental elements such as solar radiation, cool night breeze, and air pressure differences to adjust indoor temperatures. A thermal chimney is a hollow vertical structure that connects […]
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Biophilic designs are innovative ways of incorporating nature into buildings and modern architecture. Biophilia means the human tendency to interact or be closely associated with other forms of life in nature. This concept is incorporated into the building industry to increase the connection between the occupants with the natural environment. Biophilic designs are achieved by […]
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Neuroarchitecture is the discipline dealing with the design of efficient spaces by studying the relationship between health and buildings with the application of neuroscience. It studies the impact of architectural elements on the emotional and physical health of the people. In addition to the technical parameters in architecture like legislation, ergonomics, and environmental comfort, neuroarchitecture focuses […]
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Construction managers are responsible for overseeing the construction of buildings and other structures to ensure that projects proceed as per schedule, on budget, and with favorable outcomes. Construction managers may work for construction companies as supervisors or contractors, or they may choose to pursue a career in this field as an independent contractor or a […]
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