Maximizing ROI in Renovation vs. New Construction Projects
![maximizing ROI blog thumbnail](https://bizforcenow.com/wp-content/uploads/Maximizing-ROI-in-Renovation-vs.-New-Construction-Projects.png)
When it comes to real estate investments, whether you’re a developer, property owner, or an architect advising clients, deciding between renovating an existing structure or starting new construction is a pivotal choice. On average, buying a pre-existing home costs around $120 per square foot, whereas building a new one can cost closer to $150 per […]
How to Manage Engineering Project Timelines and Budgets
![](https://bizforcenow.com/wp-content/uploads/How-to-Manage-Engineering-Project-Timelines-and-Budgets.png)
Managing engineering projects can be a complex and challenging endeavor. These projects often involve multiple stakeholders, tight deadlines, and constrained budgets. Moreover, compounding these challenges is the fact that many organizations are struggling to find qualified project managers and planners. A survey by KPMG revealed that 45% of organizations report a shortage of skilled project […]
How AI is Transforming Design and Construction
![](https://bizforcenow.com/wp-content/uploads/How-AI-is-Transforming-Design-and-Construction.png)
In a McKinsey survey, 64 percent of respondents believe that AEC (Architecture, Engineering, and Construction) technology will yield higher returns compared to investments in other industry sectors. At the heart of this technological revolution is artificial intelligence (AI). AI is a game-changer, enhancing design precision and streamlining construction processes like never before. In this blog, we dive […]
Conquering Large-Scale Projects with Remote Civil Engineers
![](https://bizforcenow.com/wp-content/uploads/Conquering-Large-Scale-Projects-with-Remote-Civil-Engineers.png)
Large-scale projects are monumental achievements that push the boundaries of innovation and design. However, they also present unique challenges that can test even the most experienced teams. In August 2023 alone, job openings in construction reached 350,000, according to Deloitte. The quit rate continues to surpass layoffs and discharges, highlighting the prevalence of voluntary departures […]
How a Well-Staffed Architecture Team Speeds Up Projects
![](https://bizforcenow.com/wp-content/uploads/How-a-Well-Staffed-Architecture-Team-Speeds-Up-Projects.png)
Meeting project deadlines is crucial in architecture. According to McKinsey & Company, 98% of large-scale construction projects end up costing at least 30% more than initially planned. Delays can lead to increased costs, dissatisfied clients, and a damaged reputation. On a positive note, maintaining a well-staffed architecture team is one of the most effective strategies […]
ROI of Sustainable Building Technologies in Homes
![](https://bizforcenow.com/wp-content/uploads/ROI-of-Sustainable-Building-Technologies-in-Homes.png)
The construction industry has witnessed a significant shift towards sustainable building practices, driven by a growing awareness of environmental issues and the need for more efficient resource management. Therefore, sustainable building technologies once considered a niche market, are now becoming mainstream, particularly in residential construction. This shift is not only beneficial for the environment but […]
Maximizing ROI in Construction With Building Technologies
![](https://bizforcenow.com/wp-content/uploads/Maximizing-ROI-in-Construction-With-Building-Technologies.png)
Maximizing return on investment (ROI) is a top priority for teams ranging from developers to contractors. With advancements in building technologies, achieving higher efficiency, productivity, and cost-effectiveness has become increasingly possible. This explains why there’s a faster growth in construction technology. Indeed, as per McKinsey, the worldwide investment in architecture, engineering, and construction technology surged […]
How Remote Civil Engineers Analyze Construction Data
![](https://bizforcenow.com/wp-content/uploads/How-Remote-Civil-Engineers-Analyze-Construction-Data.png)
In civil engineering, construction projects span vast landscapes and intricate structures. Therefore, the ability to analyze data remotely has become a game-changer. With advancements in technology and connectivity, civil engineers are leveraging remote analysis techniques to monitor, assess, and optimize construction projects from anywhere in the world. Evidently, these techniques have shown positive results. For […]
Construction Growth in 2024 with Remote Civil Engineers
![](https://bizforcenow.com/wp-content/uploads/Construction-Growth-in-2024-with-Remote-Civil-Engineers.png)
The construction industry today finds itself in a profound transformation fueled by technological advancements and evolving work dynamics. In fact, an important shift is underway with the increasing integration of remote work practices. These new practices open fresh opportunities for collaboration, innovation, and expansion. With projections from Upwork suggesting that approximately 36.2 million Americans will […]
How Construction Firms Can Deal With Industry Volatility
![](https://bizforcenow.com/wp-content/uploads/How-Construction-and-Architecture-Firms-Can-Deal-With-Industry-Volatility.png)
The construction industry is no stranger to volatility. Economic fluctuations, regulatory changes, material shortages, and geopolitical events can all create uncertainty and disrupt business operations. However, despite the challenges posed by industry volatility, there are strategies that construction firms can use to reduce risks. Mastering these helps in adjusting to changing conditions and succeeding in […]