Construction Process of Villa 3000 Square Foot

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Construction Process of Villa 3000 Square Foot Scenario: Constructing a 3000 sqft Villa in India Imagine you’ve got a plot of land in a nice residential area in Bangalore. You want to build a modern villa for your family, with 4 bedrooms, a spacious living room, a kitchen, a couple of bathrooms, and...

How do you ensure a construction project stays within the allocated budget?

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How do you ensure a construction project stays within the allocated budget? Let’s talk about how to ensure a construction project stays within the allocated budget. It's one of the most important responsibilities in construction management, and honestly, it can be tricky. But with the right approach...

Different types of contracts and how to manage them (FIDIC, AIA, JCT, NEC, etc.

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Different types of contracts and how to manage them (FIDIC, AIA, JCT, NEC, etc. When we talk about managing contracts, it’s important to understand that various standard forms of contracts are used globally. Some of the most common ones include FIDIC, AIA, JCT, and NEC. Each of these has its strengt...

How to calculate Non-Conformance Report (NCR)

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How to calculate Non-Conformance Report (NCR) What is an NCR? An NCR is basically a document issued when something doesn't meet the agreed-upon standards or specifications on a construction project. For instance, if a contractor installs something incorrectly, uses substandard materials, or fails to...

Learn how to calculate performance bonds and understand their application throughout the project lifecycle

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Learn how to calculate performance bonds and understand their application throughout the project lifecycle What is a Performance Bond? A performance bond is a type of guarantee issued by a bank or insurance company to ensure that a contractor will complete a project according to the contract terms. ...