Category: Construction Key Terms
This blog category is dedicated to providing a comprehensive overview of essential construction key terms and terminologies. Whether you’re a seasoned professional or just starting out in the construction field, our informative resources will help you enhance your knowledge and understanding of industry-specific concepts.
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Criticality Ratio in Construction Projects
Criticality Ratio is a term used in construction schedules to represent the percentage or the number of critical activities in a schedule. This ratio can indicate if the schedule is missing logic or an aggressive one. Generally, a construction schedule with a ratio of 5% or less indicates an illogical schedule. Alternatively, a schedule with… Read more
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Amendments Vs. Addendums
Understand the difference between contract amendments and addendums. Learn when to use each and how they affect your legal agreements. Read more
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Understanding Change Orders in Construction Industry
Changes are a natural part of construction. By regularly monitoring project progress, contractors can better anticipate and address potential issues. Read more