Home
 > Evaluation Centers > Evaluation Centers > Construction
Construction
Here, you'll find links to the information and resources you need to make an informed Construction software selection:
The construction industry encompasses a wide variety of products and services: project engineering, manufacturing, and specialized services for the construction of houses, hospitals, highways, buildings, shopping centers, and more. Typical construction industry businesses include residential building companies, commercial and administrative (non-residential) building companies, public constructors (roads, bridges, power, water and other projects), civil engineering companies, building rehabilitation and maintenance companies, and building equipment contractors.
+ More Details
- Less Details
Generally speaking, the industry is comprised of firms of all sizes, types of ownership, and areas of business. However, there are some similarities that derive primarily from the nature of the industry:

  • Construction companies are entirely project-management-driven, since each project is unique and requires the use of project management methods.
  • Construction companies are characterized by a high level of specialization, whether vertical (based on employee skills, the tools and the materials used, e.g., plumbing, roofing) or horizontal (based on project types, e.g., bridges, residential buildings, roads).
Like other industry segments, construction organizations deal with some general challenges arising from global and regional economic conditions, intense market competition, and standards compliance. The construction industry must also face some very specific challenges:

  • Local construction companies are in competition with global companies, and must therefore demonstrate competitive advantages that global companies do not have—and vice versa.
  • Construction firms must manage projects that are costly and that require long-term investment resources, from both customers and contractors.
  • Organizations in the construction sector must comply with a large number of national building codes and regulations in many areas (construction processes, health and safety issues, procurement, etc.).
  • Construction companies must deal with market demand for more energy-efficient buildings, healthier indoor environments, and construction quality enhancements.
  • Material and component price escalations, transport constraints, and fuel price fluctuations are examples of micro- and macro- economic factors strongly influencing the construction industry.
  • Construction companies must address the need to properly manage fixed assets.
Because the construction industry is capital-intensive, construction companies need to be able to manage all resources accurately in order to increase profit while encouraging quality and business model improvement. Companies from the construction industry can take advantage of software solutions such as enterprise resource planning (ERP) systems that specialize in service delivery to support specific construction project portfolio management (PPM) and back-office operations, among other operations.

Start Your Software Evaluation:


Related Companies


Related RFP Templates


ERP for the Services Industry (Non-manufacturing) RFI/RFP Template
Portfolio and Project Management, Resource Planning and Scheduling, Opportunity, Contac... Read More...

Related White Papers


Top 7 Reasons Services Organizations Need ERP
Source: Technology Evaluation Centers
Services organizations require specialized software to help them overcome business chal... Read More...
Customized Innovation: Finding the Tools to Automate
Source: IQMS
Through applications that integrate seamlessly into an enterprise software solution, ma... Read More...
Powering Project-driven Businesses with Oracle Project Portfolio Management Cloud
Source: QuinStreet
Project portfolio management (PPM) is a critical component of any enterprise involved w... Read More...
ERP: A Layman’s Guide
Source: Ziff Davis
Every enterprise resource planning (ERP) implementation comes with risks. But a seven-f... Read More...
Top 6 Technologies Small and Midsize Manufacturers Can’t Afford to Ignore
Source: Epicor
Manufacturers today are looking for innovative ways to differentiate themselves in the ... Read More...

Related TEC Reports


Leadership Undone
No matter what style leaders embrace, they dictate the tone of their employees' behavio... Read More...
GLOVIA G2 for ERP for Discrete Manufacturing Certification Report (2014)
GLOVIA G2 by Glovia International is now TEC Certified for online evaluation of enterpr... Read More...
TEC Highlights Report: Infor SyteLine v.9
Similarly to other Infor ERP products, Infor SyteLine follows Infor’s general approach ... Read More...
Infor SyteLine 9 ERP Certification Report
Infor SyteLine 9 by Infor is now TEC Certified for online evaluation of enterprise reso... Read More...
Infor—Putting Innovation at the Center of Business
Infor is one of the top-selling enterprise resource planning (ERP) software vendors wor... Read More...

Related Research Articles


GLOVIA G2 Is TEC Certified: Maximum Value, Minimum Hype
GLOVIA G2 has been TEC certified for evaluation of enterprise resource planning (ERP) s... Read More...
Acumatica Expands Its Ecosystem
At the Acumatica Partner Summit 2014 in Denver this week, Acumatica announced new techn... Read More...
FinancialForce ERP Summer '14 Features Enhancements in PSA and Financial Management
The cloud software vendor FinancialForce.com recently announced FinancialForce ERP Summ... Read More...
O'Brien Steel Deploys Invera’s STRATIX ERP
O’Brien Steel, a carbon general line metals steel service center, has implemented STRAT... Read More...
Infor LN (v. 10.3) Is TEC Certified for Discrete and Engineer-to-order Manufacturing and Financials
The ERP system Infor LN (v. 10.3) by Infor is TEC Certified for discrete and engineer-t... Read More...

Additional Related Publications


Recent Searches
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others

©2014 Technology Evaluation Centers Inc. All rights reserved.