Key Performance Indicators (KPIs)

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Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively an organization is achieving its strategic objectives. KPIs can be financial (e.g., revenue growth, profitability) or non-financial (e.g., customer satisfaction, employee...

Keyway

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A groove or recess formed in concrete construction to improve the interlocking of joints and prevent movement or separation.

Kick Plate

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A protective strip installed at the base of walls, doors, or staircases to prevent damage from foot traffic, carts, or equipment.

Kiln-Dried Lumber

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Wood that has been dried in a controlled environment to reduce moisture content, improving strength and stability for construction.

Knockout Panel

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A precast or masonry section designed to be removed later for additional openings, such as windows, doors, or utility access.

KPI (Key Performance Indicator)

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A measurable metric used to track construction project performance in areas such as safety, cost, schedule, and quality.

Ladder Schedule

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A project scheduling method that allows overlapping tasks, commonly used in repetitive construction activities like high-rise floor construction.

Lag Time

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A delay between dependent construction activities, often introduced to account for curing, drying, or inspections.

Lean

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A management approach that focuses on maximizing customer value while minimizing waste, through the continuous improvement of processes and the elimination of non-value-added activities.

Lean Construction

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A project management approach that minimizes waste, maximizes efficiency, and focuses on delivering value to stakeholders.

LEED Certification

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Leadership in Energy and Environmental Design, a widely used green building rating system.