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15 Management Systems to Help You Avoid the High-Speed Wobbles

Pro Builder

million homes by the end of 2020, according to Freddie Mac. As a result, the 2020s are poised to be the best decade for housing demand in U.S. Many of them are living off their cash flow and getting upside down on their construction draws, which can be the kiss of death. When you’re out of cash, you’re out of business.

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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. Choose projects with profitable estimates.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Fri, 05/29/2020 - 06:00. As that momentum carried into January and February, 2020 was looking like it could be the most robust year yet of the recovery. . 1] Mind Your Cash. His team regularly examines financial scenarios to forecast what the numbers could look like should sales decline by 10%, 20%, and so on. Then, poof!

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Construction Cost Codes: Everything You Need to Know

Autodesk Construction Cloud

In 2020, the value of commercial construction amounted to approximately $5.8 A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. . They can completely derail your budget and schedule if you cannot forecast and respond to them.

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New in Autodesk Construction Cloud: 35+ Product Releases You Should Know in September

Autodesk Construction Cloud

Files | Support Newer NBS Uniclass Classifications – Now, on new Autodesk Construction Cloud projects, members can use the latest versions of the NBS Uniclass Classifications, including the versions from July 2020 to July 2023.

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New Autodesk Build Releases You Should Know in September

Autodesk Construction Cloud

Cost Management Releases *Cost Management | Cash Flow Distributions Enhancements – The new cash flow distribution enhancements bring teams more flexibility and time savings.

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7 Construction Industry Truths Made Clear at Autodesk University

Autodesk Construction Cloud

trillion in global construction industry costs in 2020. Workflow guidance on flexible budget structures, contract generation for commitments, collaborative change order workflows, and cash flow forecasting. That includes $88.69 billion in rework alone. Josh Cheney, Sr. Manager of Strategic Alliances, Autodesk.