Building Science

BIG BUILDER

Big builder 2014 budget planning ... the year of 'being better, or else': UPDATE 2 p.m. EDT

Imagine a diagram that looks somewhat like this one, only the word “Projected” would go on top of this split personality figure, and the word “Actual” would appear at the bottom. On one side are the factors within a home building company management’s control. On the other, externalities, or forces that lie outside any individual’s influence. Welcome to big builder 2014 budget planning, which we’ll call the year of “being better or else.” Are you projecting a 25% increase in sales, with profitability to match, as some home builders are? Or, given the current slowdown, are you paring back your projections? This morning, BIG BUILDER will explore the alternative scenarios from reports around the landscape. Also, check out our top-10 glossary of most common four-letter words used in the budget planning process.

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BIG BUILDER

Big Builder leader board: home building's most powerful women -- UPDATE 12/4/13

It's Monday, the November National Association of Home Builders home builder sentiment index is due as we reach mailboxes. But, we're BIG BUILDER, so let's get beyond the ephemeral headline story and think bigger. As the Federal Reserve chair confirmation process proceeds, we ask who are home building's most powerful, highest paid, most influential women? More importantly, is change afoot in home building enterprises' leadership composition? Could it be that more change should come? Here are a few other think big opportunities: What business are you in? Are relationships core to your land acquisition strategy? Private quandary: borrow, buy, sell, or die?

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The Hill

Predictable Destruction Breeds Predictable Legislation

On this one-year anniversary of Hurricane Sandy, Reps. Mario Diaz-Balart (R-Fla.) and Albio Sires (D-N.J.)? wrote a blog in 'The Hill' promoting their legislation to encourage stricter code adoption. The legislation, the Safe Building Code Incentive Act, would funnel more FEMA money (an extra 4%) to states that adopt stricter building codes.

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BUILDER Tech Tips

Building information modeling primer: 4 ways to save time and money

Building information modeling is a process to improve processes. When BIM is done right, you are left with a model that consists of a digital road map of a project from conception to life-cycle to demolition. BUILDER's Andrew Knight launches a multi-installment look at where BIM is, what its challenges are, and its promise as a home building game changer.

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