If you have ever asked your team either of these questions, you are managing your projects the wrong way.
In any business, people who are involved in a project can’t remember every little detail in their heads. In order to ensure timely completion of projects, it is important to put down details, plot deadlines, share documents and maintain constant communication between teams. As expected, that amount of information is a bit too much for emails and spreadsheets.
When it comes to acquiring construction equipment for your commercial construction company there are a number of factors to consider when it comes time to decide whether you rent, buy or lease. The first thing to consider is how often the piece of equipment will be used. This includes looking at your current needs and workload as well as factoring in your projected future needs. If you are using the equipment 60 percent of the time or more than you are better off buying the equipment or choosing a lease to own option. If the piece of equipment is something you are only planning on using occasionally or seasonally or if it’s a piece of specialty equipment that you only need for a small number of jobs you should probably consider renting. Other factors to consider include calculating all associated costs, transportation of equipment, repairs and maintenance, working capital, depreciation, and resale value. Continue reading “Rent vs Buy Analysis – Construction Cost Management!”
It’s hard not to…While most remember it as the highly addictive, location based game that took the entire world by storm, and had its fair share of ups and downs, there is something else it brought to notice.
It brought people’s attention to this marvellous phenomenon that is augmented reality. For most people, this was the first real contact with augmented reality technology, and the immersive nature of the game certainly intensified their game experience. Continue reading “FUTURE OF TRAINING – AUGMENTED REALITY???”