Allison Huffman's Articles

Taking the Risks out of Project Profitability With BIM

High risk, low margin. This all too familiar description of the construction industry is at the heart of contractors’ laser focus on bottom line profitability and overcoming the variables that can (and often do) go awry.

The proof of that challenge is in the numbers. According to KPMG’s “Climbing the Curve, 2015 Global Construction Project Owner’s Survey,” just a quarter of construction projects in the last three years came within 10 percent of their original deadlines. And Turner and Townsend’s 2016 International Construction Market Survey found that the average global construction project margin fell from an already low 6.3 percent in 2015 to 6.1 percent.

No matter the size of the project or the timeline, there has always been a harsh reality: Expect the unexpected. But what if you could remove more of the surprises and reduce risk—all with increased profits? 

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Three Contract Options for Differing Site Conditions
The only limit the parties have in drafting a site conditions provision contract...

Stay Ahead of the Contractual Curve
Construction is a risky business and so is predicting the future. Looking forward...

Construction’s Cybersecurity Challenge
In today’s evolving information technology world, addressing security risks...

A Small Team With a Big Heart for Service
“While it may not be large amounts of monetary donations, we are often called...

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