Construction Business Owner

SEPTEMBER 18, 2023

Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. WIP reporting provides construction companies with the insight needed to determine if active jobs are under-billed or over-billed allowing you to stay on top of every project and maximize profitability.

Work in Progress 358

Work in Progress Cash Flow Profitability Management 358

Viewpoint Construction Technology

DECEMBER 1, 2022

Want to better understand your construction projects' financial health? The secret is timely, accurate work-in-progress (WIP) reporting.

Work in Progress 285

Work in Progress Construction 285

Construction Business Owner

FEBRUARY 9, 2024

How to Set Financial Targets to Achieve Business Goals ccapoccia Fri, 02/09/2024 - 13:22 The key to building a successful construction business: knowing and managing your numbers. You can’t bid projects right unless you know your job costs, production rates, actual overhead and profit goal.

Overhead 156

Overhead Bidding Profitability Budgeting 156

Construction Business Owner

NOVEMBER 7, 2023

These cost escalations can directly correlate to higher insurance premiums, reduced risk appetite from insurance carriers, and a lack of policy extensions for project policies. The implications for construction projects are far-reaching, from increased financial burdens to potential delays and complications.

Risk 354

Risk Insurance Construction Security 354

Job Order Contracting

JUNE 5, 2023

Alliance Construction Project Delivery is critical to public sector stewardship of the built environment. Arguably, positive financial and environmental outcomes are impossible without it! 3 Financial visibility and cost management are virtually non-existent. #4 2 Redesign, rework, and change orders are the norm vs. exception.

Environment 175

Environment Procurement Change Orders Renovating 175

Construction Business Owner

MARCH 23, 2023

Identify, Manage & Reduce Jobsite Hazards & Threats ccapoccia Thu, 03/23/2023 - 09:57 All construction projects carry some level of risk that needs to be identified, assessed and managed so construction projects are not negatively impacted. There are four main types of risk in construction: financial, safety, scheduling and legal.

Management 245

Management Risk Legal Profitability 245

Viewpoint Construction Technology

JULY 21, 2021

Want to better understand your construction projects' financial health? The secret is timely, accurate work-in-progress (WIP) reporting.

Work in Progress 321

Work in Progress Construction 321

ENR Construction

FEBRUARY 1, 2022

New economic study cites lower development costs and better market conditions for the proposed 800-mile gas pipeline and export terminal, but a supplemental federal review of its projected greenhouse gas emissions is in process as opponent lawsuits challenge its approvals.

Alaska 91

Alaska 91

ENR Construction

APRIL 11, 2022

The NFL team's owner claims the city of Rock Hill, S.C., failed to make a promised payment for site infrastructure construction.

Claims 91

Claims Infrastructure Site Construction 91

Job Order Contracting

OCTOBER 17, 2023

Effective public sector construction project management requires an understanding of the requisite role of owners as stakeholders. Physical Infrastructure Project Management impacts environmental, financial, organizational, and community sustainability.

Project Management 207

Project Management Management Procurement Construction 207

Construction Business Owner

MARCH 1, 2024

It is the foundation upon which a profitable project is built, serving as a road map for resource allocation, risk assessment and financial planning. Nonetheless, the importance of developing a precise cost estimate cannot be overstated.

Estimating 156

Estimating Contractors Roads Profitability 156

Construction Business Owner

AUGUST 6, 2020

How to Fund Grassroots Projects. It is also threatened the budgets and financial viability of many of the nation’s municipalities, public utilities and state governments. These financial setbacks may impact public entities longer than the immediate health impacts of the virus itself. Elizabeth Manning. Thu, 08/06/2020 - 16:07.

Budgeting 317

Budgeting Budget 317

ENR Construction

JANUARY 10, 2020

Project financial control involves more than summing historic values, it needs the controller to map the consequences of potential events and adjust the sliders to influence the outcomes.

Industrial 45

Industrial Construction 45

Construction Business Owner

DECEMBER 31, 2022

These KPIs are centered on sales revenue, overhead, profit markup, labor costs per unit of work, and your updated job cost labor for every project. You can’t expect anyone to care about your finances as much as you do.

Overhead 295

Overhead Profitability Finance Accounting 295

ENR Construction

JUNE 6, 2023

In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.

Engineering 36

Engineering Profitability Risk Construction 36

Job Order Contracting

OCTOBER 23, 2021

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. All projects follow a core programmatic process. Owners and design-builders define and work toward mutually beneficial outcomes. contact-form].

Procurement 215

Procurement Innovation Products Plans 215

Construction Business Owner

JUNE 14, 2022

Construction projects run on a strict timetable. Being prepared for any type of interruption can ensure contractors, laborers and owners can recover quickly with minimal impact to the financial well-being of the business. Proactively Tailoring Your Insurance Plan to Intercept Future Risk. Tue, 06/14/2022 - 13:49.

Insurance 295

Insurance Risk Plans Resource 295

Construction Business Owner

AUGUST 24, 2021

Although 2021 projections are looking up, this unprecedented economic situation put many contractors in a tough spot, with uncertain financials making them only eligible for more expensive nonsurety bonds. construction financials. Tue, 08/24/2021 - 15:46. It’s been a challenging and uncertain year for the construction industry.

Finance 294

Finance Accounting Maine Concrete 294

The Constructor

DECEMBER 8, 2022

Construction firms are under immense pressure to complete projects on time and within budget. Even a small delay can cause huge financial losses. The post How Construction Firms Are Using AI Cameras And Software To Improve Project Tracking appeared first on The Constructor. AI cameras […]. AI cameras […].

Software 177

Software Software Construction Budgeting 177

ENR Construction

AUGUST 10, 2022

Hundreds of millions in new agency loans go to builders of U.S. advanced battery component plants to chip away at China's market dominance.

US 77

US 77

Job Order Contracting

MARCH 28, 2024

Without out this, the vast majority of projects, approximately eighty percent or more (80%+) will continue to fail by being late, over budget, or viewed as not being satisfactorily completed by one or more parties. Integrated Project Delivery: A Guide.” Integrated Project Delivery for Public and Private Owners. Ballard, G.

Procurement 189

Procurement Construction DC AIA 189

Construction Business Owner

AUGUST 4, 2020

Today’s construction landscape is difficult to navigate with its continually changing variables, delays, work stoppages, additional project requirements, health concerns and financial restraints.

Contract 339

Contract Management Schedule Risk 339

Construction Business Owner

APRIL 25, 2022

How to Assess Your Company’s Financial Health & Simplify Expense Tracking. The complexity of things to track multiplies with the complexity of your project. Mon, 04/25/2022 - 16:45. Every component needs to be specified, purchased, delivered, warehoused and constructed with the aid of workers, tools and heavy equipment.

Inventory 296

Inventory Equipment Housing Management 296

Construction Dive

NOVEMBER 28, 2023

offshore wind industry remains financially troubled, but industry groups are hopeful about recent moves forward for major projects.

Industrial 128

Industrial 128

Construction Business Owner

NOVEMBER 19, 2020

While certain financial yardsticks are universal, the relevance of other key performance indicators (KPIs) depends on many factors, such as how large the company is, what it builds, who its customers are and how long its projects take to complete.

Contractors 348

Contractors 348

ENR Construction

NOVEMBER 1, 2023

Major wind developer, and others that include giant Equinor, predict millions in writedowns as first projects face tough economics, but proponents see a solid market that needs government attention to current obstacles.

NJ 36

NJ 36

Job Order Contracting

AUGUST 26, 2022

Construction productivity solutions are readily available that integrate planning, procurement, and project delivery to consistently enable on-time, on-budget, quality outcomes with full financial visibility and compliance. “Procore”, “Revit”, (insert any tech) are not solutions.

Products 226

Products ProCore Construction Procurement 226

Construction Business Owner

MAY 16, 2023

There is a vital safety, productivity and financial case for contractors to conduct regular maintenance and inspections that help keep their equipment operating at high levels, so project schedules and budgets stay on track.

Inspections 156

Inspections Equipment Budgeting Budget 156

Autodesk Construction Cloud

DECEMBER 6, 2023

When it comes to construction projects, accounting and financial management are like the foundation of a building. These components are hidden behind the scenes but play a crucial role in a project's success. Unfortunately, most ERP and accounting software aren't built for construction project managers.

Autodesk 98

Autodesk Management Construction Accounting 98

Civiconcepts

APRIL 24, 2024

It’s a thrilling prospect but navigating the financial side of home remodeling can often determine the success of your project. Thinking about transforming your living space with a renovation? Smart […]

Renovating 52

Renovating Remodeling 52

Construction Business Owner

OCTOBER 9, 2020

4 Questions to Ask to Improve Your Firm's Financial Controls. And the contractors on these projects often have questions when the client notifies them that their project may be audited. Elizabeth Manning. Fri, 10/09/2020 - 09:35.

Contract 245

Contract Contractors Construction 245

Job Order Contracting

MAY 14, 2020

Robust tools and services are readily available to support LEAN construction planning, procurement and project delivery. An environment in which projects are organized and put together in a way that results in more on-time, on-budget outcomes. Relationships based upon value, performance, mutual trust/respect, and shared risk/reward.

Construction 235

Construction Budgeting Budget Procurement 235

Job Order Contracting

JUNE 8, 2023

. #1 Job Order Contracting is a form of Integrated Project Delivery (IPD) and should integrate planning, procurement, and project delivery teams in an early and ongoing basis throughout project lifecycles. Owner planning, procurement, and project teams should be involved in every JOC activities. #2

Procurement 195

Procurement Contract Renovating Consulting 195

Construction Business Owner

OCTOBER 25, 2022

Today’s financial demands, project complexities and tight schedules require project owners to look for more than a low bid. Increase Your Chances to Win More Work. Tue, 10/25/2022 - 15:44.

Bidding 156

Bidding Schedule Contract Contractors 156

The Constructor

AUGUST 18, 2022

The future projects a company has won bids for also come under the backlog category. Construction backlog is an indicator of a company’s financial health. A backlog in construction is categorized as prioritized work that needs to be completed or that has not started yet. It can be measured in terms of time or cash […].

Management 190

Management Construction Bidding Engineering 190

Job Order Contracting

FEBRUARY 16, 2022

Financial visibility and transparency. Integrate planning, procurement, and project delivery to reduce costs, change orders, and project timelines. All the tools and support services are readily available to enable… • Clearer roles and responsibilities for all participants and stakeholders.

Sustainability 217

Sustainability Change Orders Procurement US 217

Construction Business Owner

DECEMBER 4, 2023

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. The construction industry is having to navigate carrier capacity restraints, growing concerns surrounding catastrophic losses and jobsite safety,” says Tejeda.

Insurance 156

Insurance Risk Security Contractors 156