A Comprehensive Glossary of
Construction Management Terms
Definition of terms you need to know about construction management
Schedule of values
The breakdown of a contract amount into sub-items and sub-costs for identifiable construction elements. This is usually used as the basis for submitting and reviewing progress payment.
The construction industry is one of the largest, yet one of the least digitized industries in the world. But we know that it can do so much better by going digital. Looking at the software landscape, while there are existing construction management software out there, they do not work towards addressing the leading causes cost leakages such as construction errors & rework, materials ordering & handling, change requests, and loss & pilferage.
What we built is a solution that takes a unique materials-centric approach to construction project management. Steer synchronizes material, design, and work plans to provide full visibility and control over projects to optimize resource utilization. This, in turn, yields measurable reduction in wastage and inefficiencies, leading to a more profitable business that runs smoothly.
Steer (as well as the QuickReach no-code platform behind it) was created by the same team behind BlastAsia. Established in 2001, BlastAsia is one of the largest software product engineering companies in the Philippines and is a Microsoft Gold Partner for Application Development, Application Integration, and Cloud Platform.