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Construction glossary
Construction Glossary •

Float the Project

What is Floating the Project?

"Floating the Project" in the construction industry refers to a project management technique concerning the manipulation of the project schedule. This term refers to the amount of time that you can delay a task, activity or a group of activities without causing an overall delay to the project schedule. It helps to understand and manage the flexibility you have on different parts of the project. In construction, adjusting the time frame of a floating project must be done carefully to ensure it doesn't impact other interlinked tasks. Good understanding and strategic use of float time can potentially save costs and ensure effective project delivery.

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Other construction terms

Draw Request

What is a Draw Request?

A Draw Request, in the realm of construction, is a formal process involving a requisition for payment for work performed on a specific job or within a specified period on a project. This request is ty...
Backlog

What is a Backlog?

A Backlog in the construction industry refers to the accumulation of work orders or tasks that are yet to be completed. It is often utilized as an indicator of the volume of work that needs to be addr...
Owner

What is an Owner?

An owner, in the context of the construction industry, refers to the individual or entity who has legal rights and control over a property or project. This can include land, buildings, or a constructi...

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