K
Results
Key Performance Indicator (KPI)
A measurable value that demonstrates how effectively a company is achieving key business objectives. KPIs are used to evaluate success at reaching targets.
Kickoff Meeting
The first meeting with the project team and the client of the project to discuss the project’s main objectives and plans. This meeting sets the tone and the direction for the project.
Kiln-Dried Timber
Timber that has been dried in a kiln to remove moisture. This process helps to ensure stability and strength in the timber, reducing the likelihood of warping or splitting.
King Post
A central vertical post used in architectural or structural designs, particularly in timber framing and roof trusses, to provide support and strength.
Knockdown Rebuild (KDR)
A process where an existing home is demolished, and a new home is built on the same site. This is often chosen over renovation to better meet modern needs and standards.
Knock-In Fitting
A type of fitting that is installed by knocking it into place, typically used in furniture assembly and joinery.
Knot
A hard, cross-grained mass of wood where a branch was growing out of the trunk. Knots can affect the strength and appearance of timber.
Known Loss
A loss that has already been identified and recognized. In construction, this can refer to any anticipated but accepted loss, like material wastage.
