Remove Accounting Remove Contract Remove Drafting Remove Work in Progress
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Essential BIM Terminology

Viewpoint Construction Technology

Level 0 : Level 0 entails basically no collaboration, and only 2D CAD drafting is used. Level 1 : Level 1 BIM is a combination of 3D CAD and 2D for drafting. The CIC BIM Protocol is a contract document for use with any standard building contract. Configuration Status Accounting. BIM Execution Plan.

BIM 189
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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Written Contract. As a preliminary matter, make sure that you get a written contract when starting a new project and make sure that both parties sign the agreement. Too many times I have represented parties who either "did the deal on a handshake" or "never signed the contract." Contract Provisions.

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Strategies to Manage Cash Flow

PSMJ Resources

Work in Progress (WIP). This is a measure of the amount of work in dollars that has been completed, but the firm has not yet invoiced the client. In many cases this also means that you may have already received a paycheck for the work completed, yet the firm has not even sent an invoice for those services.