Insurance remains a critical part of construction risk management, especially as projects become more complex, schedules tighter, and liability expectations more demanding in 2026. From labor shortages and supply chain volatility to severe weather events and evolving contract requirements, contractors
While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic product unexpectedly contracted in the first quarter of 2022. Rising inflation is on everyone’s mind. And global supply
Delegation ideally gives not-for-profit executives time to focus on mission critical tasks and provides growth opportunities to staffers. However, you need to approach delegation strategically. This means assigning the right tasks to the right staffers — and following up on
They’re big, and they’re big business. Megaprojects — large-scale and often high-profile construction projects that cost $1 billion or more — are taking the industry by storm. When compared with “standard” projects, megaprojects are a different animal. They have ambitious
Activity-based costing is an accounting methodology that identifies activities and assigns a cost to each one based on resources consumed. It’s often associated with manufacturing but can be applied to construction as well. Many contractors are pleasantly surprised by the