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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. There are a ton of moving parts on each project, from the estimate, to ordering materials and equipment, to billing, and having that information where and when you need it can make all the difference.

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Job Order Contracting 2021 and Beyond

Job Order Contracting

Job Order Contracting 2021 is a competitively bid, firm, fixed-price, indefinite quantity contract, and integrated planning, procurement, and project delivery program for as-needed construction services. JOC 2020 Cost Reduction.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Acumatica Construction Edition keeps your team on the same page, relying on a core system that has the latest project reports, contracts, budgets, plans, specifications, change orders, invoices, purchase orders and job costs. Contact us for a free consultation and sign up for our 2020 Construction Marketing Outlook webcast.

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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 Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. For instance, early design changes are one of the biggest drivers of overruns.

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Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

When the COVID-19 pandemic took hold in March 2020, various lockdowns were ordered and Americans learned a new term—“social distancing.” Working remotely using videoconferencing platforms became commonplace and, in most cases, productivity did not suffer.

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The FM Mismanagement Problem Defined

Job Order Contracting

Decisions made using “bad data” are estimated to have cost the industry $88.69 million in rework alone, accounting for 14 percent of all rework performed in 2020. 23.53% over 2020. References: Watanabe-Crockett, Lee. The Daily Data Diet: Information Creation in Numbers.”. Global Citizen. Type of construction.

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Why Projects Fail

Job Order Contracting

Research has readily demonstrated the correlation between the maturity level of an organization and project failure, i.e. excessive time spent upon change orders/rework, budget overruns, and overall client and/or participant dissatisfaction with outcomes. Available from: [link] [accessed Dec 09 2020]. ORGANIZATIONAL MATURITY.