Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more.

Construction 240

Construction Software Software Cash Flow 240

Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Stay on Top of Changes.

Change Orders 120

Change Orders Construction Profitability Software 120

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins.

Construction 148

Construction Materials Risk Management 148

Pro Builder

MARCH 24, 2021

But Platinum Homes was losing money on change orders from demanding clients. BuildTools provides a way to document client interactions and remove any gray area, keeping everyone up to date on common points of conflict such as budgets, change orders, and schedules. West Point project, built with BuildTools.

Management 52

Management Change Orders Negotiation Dallas 52

Autodesk Construction Cloud

DECEMBER 3, 2021

How Proper Planning Can Help Keep Your Project on Budget. It’s safe to say that cost overruns in construction projects have become an industry-wide status quo. In fact, according to a study from KPMG, just 31% of all projects came within 10% of the budget in the past 3 years.

Budgeting 52

Budgeting Budget Construction Software 52

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Starting Or Re-Starting A Construction Company Is Easy.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Lets Build

JANUARY 20, 2023

If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. Keep track of work done When it comes to the high complexity of construction projects, it’s impossible to track every on-site activity, material, contractor, and team.

Site 148

Site Construction Documentation Products 148

Contractor Bookkeeping

FEBRUARY 28, 2014

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Changes in their operations due to contingencies beyond their control. Generally do not plan from back (end goals) to front (current operations).

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Job Order Contracting

JANUARY 4, 2017

Job Order Contracts – A Review of Independent Audits . If you currently have a Job Order Contract, or are planning on implementing a Job Order Contract, I highly recommend you get a copy of Job Order Contracts – A Review of Independent Audits. … seven projects consisting of $3.3

Contract 100

Contract Project Management Consulting Long Beach 100

PSMJ Resources

SEPTEMBER 12, 2011

Good Project Management is Good Risk Management. Most risks are foreseeable and responsive to thoughtful project management. • Accept only the right clients, then the right projects. • Risk reduction by any means is usually superior to any management scheme. Managing Risk in Public Works.

Project Management 40

Project Management Risk Resource Management 40

Autodesk Construction Cloud

DECEMBER 18, 2021

However, 77% of projects experience some form of schedule overrun , so a project that is on pace to finish on time is a cause for celebration. The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Construction Business Owner

OCTOBER 26, 2011

Rarely does a finished project exactly mirror the original plans. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. Committing Intentional Project Communications.

Construction 159

Construction Software Software Bidding 159

Lets Build

JANUARY 6, 2023

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.

Profitability 144

Profitability Residential Software Software 144

Levelset

MARCH 16, 2022

Undertaking a large construction project is exciting, but it can also be overwhelming. Instead of looking at the project as one big job, it’s possible to break almost every project down into individual phases of construction. Once a construction project is finally taking shape, it hits the performance and monitoring phase. .

Lien 52

Lien Construction Budgeting Budget 52

Construction Business Owner

JULY 12, 2012

As I’ve been mentioning, construction project communication is vital to project success, and furthermore, communication has to be intentional – it has to be something to which you devote time and attention. For example do you know how easily your project team can access construction plans and specs? Document availability.

Construction 136

Construction Documentation Software Software 136

Fieldwire

JANUARY 16, 2024

Effective construction project management requires you to balance multiple moving parts. A rapidly changing landscape means employing numerous strategies to get the job done to your client’s satisfaction. What should you know to maximize your profits and grow your business? Learn more → 3.

Project Management 52

Project Management Management Construction Life Cycle 52

Autodesk Construction Cloud

JUNE 18, 2022

Table of Contents: What is Construction Management Software? The Benefits of Construction Management Software. Key Features to Look for in Construction Project Management Software. How to Choose the Best Construction Management Software. What is Construction Project Management Software?

Project Management 98

Project Management Software Software Management 98

Job Order Contracting

FEBRUARY 20, 2018

The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. Job Order (JO) A Job Order (JO) is the contractual instrument issued by ORGANIZATION NAME designated Representative to the Contractor. The UPB costs should NOT include contractor overhead and profit. authorization.

Contract 100

Contract Organization Change Orders Overhead 100

Construction Business Owner

DECEMBER 9, 2011

Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. Committing Intentional Project Communications. change orders.

Construction 136

Construction Insurance Software Software 136

Construction Business Owner

JANUARY 31, 2012

While some of your company’s corporate image will come about naturally based on the work that you do and the manner in which you do it, companies that have a specific plan in place to create a corporate image have much more control over how they are perceived. Committing Intentional Project Communications. change orders.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

MAY 29, 2012

With so many sources of information, it’s never been more important to take charge and develop a business information plan. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. change orders.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

NOVEMBER 3, 2011

Gregg is a consultant with FMI and specializes in the areas of productivity and project management. In addition to providing critical insight to a bid, tender or proposal, the theoretical “buy-in” to the process from the field manager is invaluable. Committing Intentional Project Communications. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 20, 2011

Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our project managers in the field on mobile phones. At the time, we still couldn’t see plans or email pictures back and forth, but the fact that we could call in a change or talk to someone in the office took hours off of the work week.

Construction 136

Construction Software Software Project Management 136

Construction Business Owner

MAY 31, 2011

At Foundation Software, we try to avoid inmate takeovers by first assigning a lead analyst to oversee design for each project. ROPE stands for Research, Organize, Plan, and Execute. This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. change orders.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

OCTOBER 10, 2011

They are the ones who take the time to reflect and engage in strategic planning–and perhaps most importantly understand how to crunch the numbers. Most of all, I learned that workforce management and structuring your company appropriately is one of the biggest challenges contractors face. change orders. Management.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

FEBRUARY 1, 2022

While a project’s ultimate goal is a successful completion, the steps it takes to get there are critical to profits and project’s life cycle. That’s why choosing the right project delivery method is an important first step before construction begins. The GC is responsible for following the designer’s plans.

Risk 52

Risk Schedule Design Budgeting 52

Construction Business Owner

FEBRUARY 16, 2012

Plan to use the funds for basic operational items — not capital purchases, such as construction equipment. Banks are attracted to profitable business. Committing Intentional Project Communications. Better Project Management through Better Communication. change orders. construction management.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

JANUARY 5, 2012

One way to bid more work, without giving your estimator a quick trip to the funny farm, is to identify additional sources of project bid lists. Check out McGraw Hill’s Dodge Plan Center and their Network Express site. There are also local, regional and even national plan centers that have bidding project information that might help.

Construction 120

Construction Bidding Software Software 120

Autodesk Construction Cloud

JUNE 18, 2022

Table of Contents: What is Construction Management Software? The Benefits of Construction Management Software. Key Features to Look for in Construction Project Management Software. How to Choose the Best Construction Management Software. What is Construction Project Management Software?

Project Management 52

Project Management Software Software Management 52

Construction Business Owner

MARCH 1, 2012

Imagine the surprise to everyone when the profit is significantly less or non-existent at the end of a job! There are subcontractors and vendors involved, which means that the slightest change in plans, specifications, or even schedule affects everyone and their cash flow. Committing Intentional Project Communications.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction and Infrastructure Law

JANUARY 17, 2018

In the past, it was not unusual for construction companies to make small equity investments in the projects they worked on. For example, a construction company building a power plant would take a 5% equity interest in the project. On the other hand, the EPC views the change to the project as an opportunity to increase profit.

Equity 40

Equity Contractors Finance Construction 40

Construction Business Owner

MARCH 6, 2011

Better yet, what would you do if you suddenly found more work than you planned on? To the contrary, planning such as this allows you a dashboard into your business that your competitors that don’t do this type of testing won’t have. Committing Intentional Project Communications. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 16, 2012

Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. One of the newest construction industry acronyms is IPD, or “Integrated Project Delivery.” Committing Intentional Project Communications. change orders. construction management.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

APRIL 21, 2011

If they are not genuinely accepting of the change or its usage is over their heads, the technology, no matter how good, is likely to fail. You have the right people on board; so now give them a solid game plan to make this new technology work. Committing Intentional Project Communications. change orders.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

NOVEMBER 17, 2011

If both the owning and operating costs for a piece of equipment are exactly what you planned for, then the “dot” for that piece would be placed in the center of the graph. This in turn lets the estimators use equipment rates that are spot on when estimating forthcoming work, which helps to get new work, and bring that work in profitably.

Construction 136

Construction Software Software Equipment 136

Construction Business Owner

SEPTEMBER 13, 2011

PLAN AHEAD and have a Go Live date in mind. Then you can create a realistic implementation plan. But you can consider new software anytime, and the best way for you to figure out your going live date is to PLAN and give yourself plenty of time (the more the better!). Committing Intentional Project Communications.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 12, 2012

With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. While documentation management and team member prequalification may seem fairly obvious sources of added costs and risks, administrative costs may not seem so obvious.

Bidding 149

Bidding Construction Documentation Software 149