What is T&M?

Curious what is T&M? The time & material (T&M) contract is based on real-time spent on a project and is an hourly basis or man-day rate. T&M is a different approach to a project than using a fixed price model contract. The fixed price contract look...

Phases of Building Construction

A standard building construction project can be divided mainly into five phases. These phases of building construction include: initiation (the start from initially buying and preparing the land), planning the layout of the building, execution of the plan, monitoring...