Lets Build

JUNE 23, 2023

One of the main construction KPIs to monitor for every project is your passed-to-total inspection ratio; it gives you an overview of the project’s overall quality. Managing and tracking your cash flow across the board allows you to find financial problems early in the project and address them before they become major issues.

Profitability 78

Profitability Cash Flow Products Construction 78

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. Construction Marketing Ideas.

Project Management 40

Project Management Risk Resource Management 40

Lets Build

JUNE 23, 2023

One of the main construction KPIs to monitor for every project is your passed-to-total inspection ratio; it gives you an overview of the project’s overall quality. Managing and tracking your cash flow across the board allows you to find financial problems early in the project and address them before they become major issues.

Profitability 78

Profitability Cash Flow Products Construction 78

Pro Builder

MARCH 24, 2021

He recalls multiple instances that sounded something like this: “I had it in my head that we were only over budget by a few thousand dollars, I had no idea we were this far over!”. We had to negotiate our final draw on every home,” says Molthan. So, we were stuck holding the bag and negotiating on it.”

Management 52

Management Change Orders Negotiation Dallas 52

Viewpoint Construction Technology

FEBRUARY 19, 2019

Adding to the complexity are project durations (which can go from days to years), the broad scope of work, the logistical sequencing of tasks and any conditions tacked onto the contract. The best benefit of a time-phased cost budget baseline is that project forecasts will be more accurate, with improvements in validation and efficiency.

Cash Flow 130

Cash Flow Forecasting Construction Software 130

Fieldwire

JANUARY 16, 2024

Effective construction project management requires you to balance multiple moving parts. Here’s how you can master project management in 2024 with six key strategies. Preconstruction and procurement: Negotiate and sign contracts with subcontractors. Operations and management: Train building occupants in proper use.

Project Management 52

Project Management Management Construction Life Cycle 52

Autodesk Construction Cloud

JANUARY 10, 2023

There are a lot of processes and ideas that the construction industry does well, but there are so many that other industries do better. Leverage these people to bounce ideas off, get constructive feedback, or align career goals and opportunities. – Landon Arciero, Senior Project Manager at Largo Concrete Inc.

Industrial 98

Industrial Construction Management Site 98

Constructonomics

FEBRUARY 15, 2014

I think it’s pretty much established that taking the low bid, especially with a high number of bidders is rarely a good idea. If government entities started negotiating contracts directly with contractors, it would become even more of a mess and everybody knows it. We need to manage them better on the owner side.

Bidding 171

Bidding Contract Contractors Delaware 171

Rory Woolsey

FEBRUARY 16, 2012

However, I received many comments and questions on the “Negotiating JOC” blog from last week that really should be answered. With JOC, it is worth something to have the luxury of the contractors experience, precautions and ideas to avoid costly mistakes and potential change orders. Thursday, February 16, 2012.

Estimating 40

Estimating Bidding Negotiation Contract 40

Construction Marketing Ideas

FEBRUARY 22, 2015

If a project ever ends up in court, every letter, note, e-mail and memo is evidence and will be taken out of context by the opposing lawyer. Recording every mistake, miscalculation, problem or lesson learned during construction of the project will come back to haunt you. Many owners on difficult projects do not think as contractors do.

Contract 48

Contract Construction Claims Legal 48

The Korte Company

MARCH 11, 2019

The idea, though, is that healthcare interior designers must first prioritize design elements that promote patient care. The unique factors design teams must consider for these projects are highlighted below. For healthcare facilities , code compliance is not negotiable. Code compliance. Evidence-based design.

Design 75

Design Utah Renovating Inventory 75

Contractor Bookkeeping

OCTOBER 4, 2013

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. Construction Project Manager PMP.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. Now that can be stressful! This is getting very stressful. Lessons You Will Learn. The Easy Way Or.

Construction 48

Construction Insurance Accounting Claims 48

ProcurementExpress.com

JULY 15, 2019

On the accounting side, AP can quickly review pending orders and make notes in real-time, rather than circling back to ask a worker or a project manager for the context of an order placed months ago. Get Project Management on the Case. Bad weather adds delays to the timeline or causes unexpected damage.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

On the accounting side, AP can quickly review pending orders and make notes in real-time, rather than circling back to ask a worker or a project manager for the context of an order placed months ago. Get Project Management on the Case. Bad weather adds delays to the timeline or causes unexpected damage.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

ProcurementExpress.com

APRIL 15, 2019

Procurement pros may need to shift their focus on negotiating IP deals with vendors who own the rights to print a specific part. The idea of lean construction is centered around maximizing value for the customer while minimizing waste. It’s not exactly a new idea. The other big challenge lies in IP and licensing.

Procurement 52

Procurement Construction BIM Modeling 52

Autodesk Construction Cloud

NOVEMBER 5, 2021

Negotiation Experts defines them the following ways: Request for Proposal (RFP) : Sometimes based on a prior RFI; a business requirements-based request for specific solutions to the sourcing problem. Instead of waiting for responders to propose a solution, offer a few of your ideas. And Offer Solutions. Ask for the Response You Want.

Construction 52

Construction Documentation Drawings Contract 52

ProcurementExpress.com

APRIL 15, 2019

Procurement pros may need to shift their focus on negotiating IP deals with vendors who own the rights to print a specific part. The idea of lean construction is centered around maximizing value for the customer while minimizing waste. It’s not exactly a new idea. The other big challenge lies in IP and licensing. Click To Tweet.

Procurement 40

Procurement Construction BIM Modeling 40

Building Information Management

SEPTEMBER 18, 2015

Even with these clauses, the government had to negotiate in a sole-source environment and was often unable to realize the economies and efficiencies afforded by vigorous competition among vendors in the marketplace. Some ideas for streamlining selection and ordering are presented below. Cost or Pricing Data.

Contract 40

Contract Contractors Procurement Office 40

Building Information Management

JUNE 22, 2012

Project Management. Demonstrate the ability to work with Facilities team to negotiate rates and discounts. Project Management. Demonstrate ability to: o Follow Project Management processes and procedures per your organization’s preferred methodology. Management etc. Competency Area.

Management 45

Management Contract Sustainability Life Cycle 45