Factors that Influence Inventory Costs in a Construction Business
Inventory can be viewed as a current asset account found on a business’s balance sheet, consisting of all raw materials, work in progress, and finished goods that a company has accumulated. It refers to raw materials used in the production process as well as the…
4 Main Tracking Technologies and Their Use in Construction Logistics
Construction businesses use simple and advanced technologies to track the movement of raw materials, finished goods, plant and equipment, or labour gangs from one location to another. They are instrumental in construction logistics. These tracking technologies are also useful in recording and reporting the progress…
Autodesk Bernini AI Turns Text, Images, Voxels and Point Clouds into 3D
Bernini AI is an experimental generative AI for quickly generating 3D shapes from 2D images, text, voxels, and point clouds. It is focused on unlocking professional workflows for generating multiple geometrically realistic 3D objects to accelerate every stage of the design process. This AI was…
The Traditional Method of Preparing Bills of Quantities
The traditional process of preparing bills of quantities can conveniently be broken down into two main processes. These are ‘taking off’ and ‘working up’. It officially starts when the quantity surveyor receives drawings from the architect and engineers and serialises them ready to start extracting…
3 Sums Included in a Bill of Quantities
A bill of quantities contains an itemized list of work items to be executed with a detailed description of the unit rate tied to it. Where some work items cannot be measured and described according to the standard method of measurement in use, they are…
How to Make Money with ArchiCAD Object Libraries and Templates
We have been teaching people online how to use ArchiCAD to develop building information models, construction documentation and drawings for their clients or schoolwork. Most people want to know other ways they can implement to make money with ArchiCAD, besides working for clients. In this…