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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget.

Cash Flow 130
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Following—and forecasting—the money: Financial modeling for project managers

BD+C

With construction costs comprising between 60% and 85% of the budget for commercial developments, the need to efficiently oversee and balance resources is a top priority. Key to this challenge is the project manager (PM), who synthesizes data on costs, materials, and time to maintain the integrity and momentum of the job.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

Little to no project or business predictability Most construction projects are like a unique snowflake. For one, market factors heavily influence labor and material expenses, making forecasts difficult and increasing the likelihood of overruns. Then there are the projects themselves, which are incredibly complex.

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How to Find Modern Marketing Talent

Construction Marketing

Understanding of planning, forecasting, budgeting and market research are required skills for the certain levels of marketing management. Project management skills, writing skills, and the ability to generate creative ideas, or at least brief, guide and manage other creative staff or agencies are all typical marketing roles.

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LEAN Job Order Contracting

Job Order Contracting

Manage estimates, budgets and forecasts. Accurately estimate and manage LEAN construction programs and associated renovation, repair, and minor new construction projects. BIM management. Project management. Asset management. 4BT-CE Building in Cloud & the OpenJOC(TM) Framework.

Contract 100
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8 Benefits of Using Web-Based Software in Construction

Viewpoint Construction Technology

Large or small, construction jobs can be made easier with the right support system, especially when it comes to management software. Clear communication and transparent project management between contractors, teams, and management make for a smooth workflow and better bottom lines for all involved. Accurate job costing.

Software 130
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10 Types of Construction Estimates and their Definitions

Chianelli Estimating

Successfully completing construction projects under budget requires a commitment to accuracy and transparency. Still, like other early-stage project steps such as the design stage, cost estimation can remain highly abstract until projects advance. For large projects or projects with less experienced managers (i.e.