by Zoltan Szentirmay | Dec 9, 2024 | Accounting, Construction, Costing, Project Management
In the realm of project management, understanding how to effectively value Work in Progress (WIP) is pivotal for maintaining budget control and ensuring a project progresses on schedule and within its financial bounds. WIP, an integral aspect of the managerial...
by Zoltan Szentirmay | Jan 12, 2023 | Project Management
One of the most common issues in the construction industry, is the inability for businesses to movebeyond a certain level. Their owners can see the potential. They have the enthusiasm and workethic to do more. But no matter how hard they work or how hard they try,...
by Zoltan Szentirmay | Nov 9, 2022 | Costing, Project Management
For many businesses in the construction industry, the last few years have seen enormous growth. But this growth has created several challenges – especially with ongoing materials and worker shortages. Now rapidly rising material costs, labour hire costs and interest...