Tag: Profit
-
Why the schedule is construction’s most underused profit lever
Most construction teams trust the schedule. Fewer trust the data inside it. Too often, the schedule functions as a compliance tool, rather than the operational system it was meant to be. Teams update monthly, react weekly, and make decisions without a clear line of sight into true performance. By the time delays are visible, options…
-
Tutor Perini turns a profit on growing backlog
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Tutor Perini, the Los Angeles-based heavy civil construction company, is finally making money doing construction again. After several quarters of disappointing results plagued by payouts for legal disputes on legacy projects, the company reported it is collecting…
-
Balfour Beatty wary of tariffs amid profit dip
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…
-
Balfour Beatty wary of tariffs amid profit dip
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…
-
Construction’s Hidden Profit Center: How Procurement Can Transform the Bottom Line
The construction industry is at a critical juncture, with increasing pressures to build faster, to meet sustainability goals while also improving profitability. Historically, construction has lagged far behind other industries in adopting technological innovations, and inefficient procurement processes have often led to cost overruns, project delays, and massive material waste. However, a shift toward modern…