article thumbnail

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. It assists the employer in defining what is required from each team member, monitors their progress, validates data entry, and records who has done what and when.

BIM 145
article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

When drafting subcontracts, consider using a "pay when paid" or "pay if paid" clause so that payment is tied to when you receive payment from the owner. Monitor work-in-progress reports, cash flow reports and other documents to spot cash flow issues while there’s still time to do something about them.

article thumbnail

New HTML Email Template language in MailChimp v4.3.

Construction Dive

However, there are hundreds of thousands of little thumbnail previews to generate across all our users, so it’ll take a week or two for all accounts to complete. You’ll eventually see thumbnail previews for all your templates in your account. Reply Jan replied: View August 18, 2009 Hi Ben, now I am really impressed!

article thumbnail

Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Labor Department forecasts that truck drivers will account for 43 percent of the growth in logistics jobs in the coming years. This is just a snapshot of Decatur’s work in progress. Subsequently, the U.S. In comparison, railroads are in a much better position regarding infrastructure, equipment and personnel.