The Speedbrick Blog

To ensure profitability, contractors must ensure raw material spending is within construction budgets. Yet, budget control is complex. Many stakeholders are involved and collaborative effort

1. Design vs Actual Building Work Regardless of the size of the project, every construction project involves many different subcontractors and stakeholders. Architects and consultants

Managing construction material is a critical part of ensuring the project’s success, given that contractors spend 40-70% of the project cost into buying building material.

The purchasing cycle in construction, from ordering materials to payment, is not easy. A well-managed procurement is often considered a major contributing factor of a

Conducting payment in the construction industry is a lot different than in others. Firstly, there must be a construction contract between the contractor and its

Download a free Progress Claim template in Microsoft Excel format. This template consists of a workdone summary page and format of a typical construction project’s

KNOW YOUR PROJECT TAKING OFF QUANTITY Make sure you have your budget quantity estimated. Project management starts with knowing how much material you need to