Construction glossary
Construction Glossary •
Mobilization
What is Mobilization?
Mobilization in the construction industry refers to the activities and processes that are carried out to prepare for a construction project before the actual work begins. This can involve acquiring, assembling, and organizing resources, including manpower, tools, equipment, and materials needed for the project. Moreover, it encompasses planning, site preparation, setting up temporary facilities like offices or storage spaces, and obtaining necessary permits and insurances. Mobilization is crucial as it ensures smooth execution and helps to avoid potential delays. This phase often involves significant costs, which are usually included in the contract as 'Mobilization Costs'.
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Other construction terms
Actual Cost
What is Actual Cost?
Actual cost, in the construction industry, refers to the accurate amount reasonably spent on a project. This includes every expense incurred during the planning, development, and execution phases. The...
Insurance
What is Insurance?
Insurance, in the context of the construction industry, refers to a contract known as an insurance policy, that a company or individual buys from an insurance provider to reduce the financial risk ass...
AIA Document
What is an AIA Document?
An AIA Document, or American Institute of Architects Document, is an essential tool used in the construction industry. These standardized documents are crafted by the AIA, containing detailed contract...
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