Search results
Results from the WOW.Com Content Network
CMD Group, formerly Reed Construction Data and Construction Market Data, is a provider of business information for the North American construction industry. CMD is owned by ConstructConnect. Its historical roots lie in Construction Market Data, founded in 1982 to publish construction leads and market data.
Traditionally, construction has made use of manual labor such as tradesmen and subcontractors for tasks such as the installation of prefabricated elements. [6] In the industrialization phase, construction uses manufacturing processes and technology to perform off-site prefabrication, assembling building components off-site rather than at the point of installation.
The Construction Project Information Committee is an advisory group, comprising representatives of major UK construction industry institutions, which provides best practice guidance on the content, form and preparation of construction production information, and disseminates this throughout the industry.
The Classification of types of construction (CC), is a nomenclature for the classification of constructions (i.e. buildings) according to their type. It is based on the CPC that was published by the United Nations in 1991.
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
In an effort to assist industry professionals with the selection of appropriate project delivery systems, construction management researchers have prepared a Procurement Method and Contract Selection Model, which can be used for high level decision making for construction projects on a case-by-case basis. [3]
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce, putting up almost US$1.4 trillion worth of structures annually. [1]