The transaction between buyer and seller is documented at every stage, and this paperwork serves a purpose. It protects both parties and legally binds them to follow the particulars that they’ve agreed upon. One of those business documents is a…
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An army of subcontractors each with their own specific discipline complete construction projects. But how do they know what to work on? An RFI in construction is a request for information. This construction document helps subcontractors understand what they need…
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Construction projects can be complex. You need money to buy materials, create blueprints, secure permits, rent equipment, pay for your crew and more. All of these things cost money and take time. This is why you need to do thorough…
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What Is a Construction Contract? In simple terms, construction contracts are legally binding agreements that explain the work that a general contractor will perform and the payment that a project owner will make. These contracts play a key role in…
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A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. It’s part of the contract between any technology vendor and sets up what will be levied…
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What Is a Creative Brief? A creative brief is a short, one-or-two-page document that summarizes marketing and advertising projects. Creative briefs are used by marketers and creative professionals to define the goals, scope and timeline for a project and set…
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Before you can start a project—even before you can plan it—you first need to define the project in detail. This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done…
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Here’s the good news: an executive summary is short. It’s part of a larger document like a business plan, business case or project proposal and, as the name implies, summarizes the longer report. Here’s the bad news: it’s a critical…
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A lien is the legal right to hold onto property that belongs to another person until that person pays off their debt. It’s a form of collateral to ensure a debt is satisfied. This could be a sticky point in…
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An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. That…
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Construction projects are unique in that they require architectural drawings. These construction drawings are used for new construction, remodeling and nearly every type of construction project you can imagine. Building drawings aren’t a monolith, though. There are many types of…
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Projects need approval before they can be executed. A project charter is a project planning document that sells the project to stakeholders and sponsors. If you’re able to show its viability and return on investment, the work will get the…
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There’s always plenty of project management paperwork to create, get approved, file and archive. All project documents are important, but the Statement of Work (SOW) is easily one of the most important because it’s made at the outset of a…
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