Key Performance Indicators (KPIs)

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

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

Kick Plate

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

Kiln-Dried Lumber

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

Knockout Panel

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

KPI (Key Performance Indicator)

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

Ladder Schedule

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

Lag Time

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

Lean

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

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

LEED Certification

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