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What Do RFP & RFQ Mean In Construction? Free RFP & RFQ Templates
Construction Documents & Templates

What Do RFP & RFQ Mean In Construction? Free RFP & RFQ Templates

The execution of a construction project heavily relies on making purchases. While it’s no mystery that budgeting and cost control are vital aspects of construction management, the actual act of making purchases is important in and of itself. Whether we’re purchasing material and equipment or contracting out a portion of our work, there’s an art and a science behind the procurement process of a project. Within this process are some common acronyms, specifically RFP and RFQ. What do RFP and RFQ mean in construction? That’s what we’re exploring in this article. We’re also giving away a FREE RFP Word template – scroll to download section!

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Pat Finnegan December 4, 2019
How To Manage Vendors Effectively As A Project Manager - 10 Crucial Tips
Construction Management

How To Manage Vendors Effectively As A Project Manager: 10 Crucial Tips

Vendors serve as the backbone of many projects. As a matter of fact, vendors play a critical role for any type of business. Vendors provide businesses with supplies, technology, equipment, services and about a million other things. Without these vendors, most businesses could not survive. The same can be said for projects – a bad vendor can make or break a project under the right circumstances. Project Managers must learn to manage vendors effectively from day one to maximize their relationship, while protecting the project from possible downsides. In this article, we’re exploring how to manage vendors effectively as a Project Manager, along with 10 crucial tips for success!

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Pat Finnegan December 3, 2019
What Is A Construction Purchase Order?
Construction Documents & Templates

What Is A Construction Purchase Order? 13 Things To Include In A PO

When we buy groceries, it’s a fairly straightforward process. We pick what we want, pay for them and leave. No paperwork or conditions required. When buying materials, building components or renting equipment, things are a bit more complicated. It makes sense – there’s not much risk in buying a dozen eggs and a gallon of milk. What’s the worst that can happen? In construction, we must consider schedule, timeframes, payments, scope of work and performance specifications – and that’s just the basics. What is the seller can’t or won’t uphold their end of the deal? What if there’s improper workmanship, poor quality, accidents like fires and floods? Damage during transportation? With so many factors to consider, simply buying materials and riding off into the sunset isn’t an option. This is the purpose of a Purchase Order (P.O.) in construction. What is a construction Purchase Order, exactly? Here are 13 things to always include in a P.O., plus a sample Purchase Order to reference!

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Pat Finnegan September 24, 2019
How Do You Manage Subcontractors
Construction Management

How Do You Manage Subcontractors? 7 Essential Tips

Projects come in all shapes and sizes, as do contractors. For a contractor to take on a project, they must essentially be willing and able to bring a client’s idea into reality. Sometimes, a contractor possesses all of the knowledge, skill and supplies necessary to complete an entire project on their own. In many other cases, though, the outcome a client is looking for has many parts to it. While a contractor might be willing and able to perform a large portion of the work, the client may be asking for things the contractor just can’t do. The contractor doesn’t walk away at this stage – they hire another contractor to do the work they’re not able to do themselves. This additional contractor is now a subcontractor on the project. Before hiring a subcontractor in a real-world scenario for the first time, we must know the ins and outs of working with a subcontractor. In this article, we’ll be answering the question of: How do you manage subcontractors?

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Pat Finnegan September 17, 2019

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Articles about vendors in project management and construction.

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