Understanding the Key project life cycle stages & whole life cost (of a building).
The life cycle of a building typically consists of several stages, including: Planning and design: During this stage, the project team...
Understanding Contractors' All Risks Insurance
Contractors' All Risks Insurance (CAR policy) is a type of insurance policy that provides coverage for contractors working on...
Top 10 Things your will NEVER tell you.
Your project may take longer than expected. Building projects often encounter unexpected delays due to a variety of factors, including...
PESTLE analysis and an example of an Dublin based Construction Company
PESTLE analysis is a framework used to analyze the external macro-environment in which a business operates. It stands for Political,...
Understanding Liquidated Damages
In construction projects, liquidated damages (also known as delay damages) are a sum of money that is agreed upon in advance by the...
Understanding Arbitration and Mediation
Arbitration and mediation are two methods of alternative dispute resolution (ADR) that can be used to resolve disputes in the...
Understanding Quantum Meruit Claims
Quantum meruit is a legal principle that allows a person to be compensated for the reasonable value of the work they have performed, even...
Understanding Work Breakdown Structure (WBS for Construction.
A Work Breakdown Structure (WBS) is a tool used in project management to define and organize the total scope of a project into smaller,...
Selective tendering
Selective tendering is a procurement process in which a client invites a select group of pre-qualified contractors to bid on a...
ARM4
The Agreed Rules of Measurement (ARM) is a set of guidelines for standardizing the measurement and presentation of building work in bills...
