If you have ever built the same type of building more than once, the second was probably easier and more profitable than the first. You likely reviewed and examined the first project to find ways to be more efficient, such as identifying building methods to save labor and material costs and considering when to hire subcontractors rather than self-performing work. Scheduling becomes more accurate and efficient from this learning experience.
As we enter a new year, many of us look back and reflect on the previous year. Though uncertainty still exists, there is value in looking for opportunities for improvement. It is important to take the time to write down last year’s challenges, any adjustments you plan to make moving forward, and your short and long-term goals.
There are several areas a construction company should review. Here are four ideas to get you started.
Put metrics in place to track progress and help you determine if you need to make further adjustments or changes. And keep in mind that it may take time to see the bigger picture.