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Autodesk Build Brings Multi-Currency to Cost Management 

Autodesk Construction Cloud

With the possibility of materials pricing rising, especially in today’s market, this presents risk due to currency exchange rate fluctuations. . Managing the procurement process and properly tracking costs with international suppliers is critical to help mitigate risk. This process isn’t always easy. See Multi-Currency in action! .

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Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

Only improved early and ongoing collaboration and communication across all participants and stakeholders has proven to reduce errors and omissions, minimize the number of change orders, shorten overall project delivery times, improve quality, and reduce total project costs. The post Construction is NOT complex… People are.

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

Because preconstruction offers the biggest opportunity to de-risk a project. This, in turn, leads to improved accuracy in project estimates , proactive risk management, and more effective resource allocation. Doing so enables you to eliminate potential change orders and pay applications, ultimately leading to better cash flow.

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New in Autodesk Build: Product Releases to Check Out in the New Year

Autodesk Construction Cloud

This keeps the office team aware of project progress and empowers field teams with productivity forecast to adjust or make improvements. By turning on new columns, users can now easily see the original SOV, change orders, and revised SOV to have a granular view of costs. PCO, RFQ, COR, OCO, SCO) in a column for each cost item.

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Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Forecast – the forecast needs to at a bare minimum identify what your budget numbers are, costs or committed costs to date and anything left over or any over run. Internal Reports.

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The importance of keeping construction daily logs for every site activity

Lets Build

Skipping these logs increases your risk of a small issue becoming a massive one because no one documented it. Without proper documentation and construction daily logs, the risk of misunderstandings that lead to delays rises, and communication becomes strained.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Reducing Risk and Increasing Safety. But going a step further and analyzing data that can help you identify high-risk tasks and dangerous conditions can help prevent future incidents and reduce risk for your business. All contractors should track data related to safety issues. Bidding Smarter and Winning More Work.