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...

How to Manage a Construction Project Step by Step

Managing the construction project impacts the whole project. If the project is done correctly, it is finished on budget and on time, but incorrect procedure increases the costs and the time the project is completed. That is the reason there are courses and...