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How Has Covid Affected the Construction Industry?

Lets Build

In many respects, the answer to the question “How has COVID affected the construction industry?” Because this was internationally viewed as an essential industry, often taking place outside, construction companies and their staff were able to resume something approaching normal working conditions surprisingly rapidly.

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The most important construction KPIs to improve profits and productivity

Lets Build

The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite. Cash flow Cash isn’t king – cash flow is.

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The most important construction KPIs to improve profits and productivity

Lets Build

The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite. Cash flow Cash isn’t king – cash flow is.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For one thing, circumstances can change quickly in today’s uncertain construction industry. Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. .

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Construction quality management: Everything you need to know

Lets Build

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. If it’s a new situation, it may be necessary to devise workarounds to issues as diverse as legal risks, worker training, or cash flow concerns.

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Construction Business Owner Blogs

Construction Business Owner

Construction Safety. Industry News. Industry Statistics. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Data analytics and business intelligence have become hot topics in construction as firms are seeing the benefits other industries are realizing. The industry as a whole is looking for ways to help contractors get smart about data. And true data analytics is more than just tracking traditional job costs and cash flow.