Remove Cash Flow Remove Profitability Remove Project Management Remove Risk
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8 Tips to Manage Cash Flow Like Your Construction Business Depends on It

Autodesk Construction Cloud

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Avoid over and under billing.

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

Doing so won’t just make your life easier; it’ll also help you protect your profit margins. Because preconstruction offers the biggest opportunity to de-risk a project. Integrating design with other project processes creates a more cohesive workflow and enables teams to make data-driven decisions.

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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage percentages and negotiations.

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5 Critical Construction Project Reports your System Should Pull Without Fuss

Viewpoint Construction Technology

The main reason construction businesses implement an integrated project management system is for the visibility that they can gain over every aspect of a project. Here’s a list of key reports that you should be able to pull at any moment from your construction project management software: Basic Accounting Reports.

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Construction quality management: Everything you need to know

Lets Build

From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. What is construction quality management? A game of risk.

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3 Avoidable Headaches for Construction Project Managers [Webinar]

Autodesk Construction Cloud

Relieve these common GC headaches by getting project teams on the same page. Your construction project management skills are constantly put to the test. And you have to do all that within a contracted amount of time with razor-thin profit margins. . Being a general contractor (GC) isn’t easy. Register NOW.

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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.