Business

Poor Communication and Project Data Carry $31 Billion Price Tag
Research recently conducted by PlanGrid and FMI Corporation determined time spent on non-optimal activities such as fixing mistakes, looking for project data and managing conflict resolution accounts for $177.5 billion in labor costs per year in the U.S. construction industry.
By Joanna Masterson
September 6, 2018
Topics
Business
by Joanna Masterson
Joanna Masterson was a writer and editor for Construction Executive for more than a decade.
Related stories
Business

Construction Materials Prices Jump 0.4% in July
By ABC
Materials prices are up in nearly all categories except natural gas, which decreased 2.1% in July.
Business

Building an Entrepreneur: How a Construction Company Owner Founded a Franchise Business
By Grace Calengor
This is how Brian Robinson went from the Great Recession to owning his own construction company and building three great franchise locations.
Business

Construction Backlog Indicator Rises, Contractor Optimism Slips in July
By ABC
Backlog is up, but optimism is not. The ABC Backlog Indicator rose to 8.8 months in July, but that may mean fewer projects are coming to completion.