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The most important construction KPIs to improve profits and productivity

Lets Build

One of the main construction KPIs to monitor for every project is your passed-to-total inspection ratio; it gives you an overview of the project’s overall quality. If you can analyse the performance of everyone on the jobsite, you can make changes on the fly to keep your project on time, on budget, and within scope.

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The most important construction KPIs to improve profits and productivity

Lets Build

One of the main construction KPIs to monitor for every project is your passed-to-total inspection ratio; it gives you an overview of the project’s overall quality. If you can analyse the performance of everyone on the jobsite, you can make changes on the fly to keep your project on time, on budget, and within scope.

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Construction quality management: Everything you need to know

Lets Build

By performing ongoing due diligence across these areas (and many others), construction quality management helps ensure projects are completed on time and on budget, using suitably high-quality materials and pre-agreed standards. More to read: Construction inspection: the pillar to your construction quality management.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

And true data analytics is more than just tracking traditional job costs and cash flow. Injuries, safety inspections and other information must be recorded and in some cases submitted to the Occupational Safety and Health Administration. Reducing Risk and Increasing Safety. Transitioning from Analytics to Predictive Analytics.

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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

But these assets require vigilant tracking, constant maintenance, and frequent inspection. This leads to not only your business generating cash flow sooner, but also to happier customers all the more likely to hire you again. Your construction business has invested heavily in high-value equipment, machinery and tools.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Is it over or under budget? Using budget as your primary indicator of performance is a lot like calculating the calories of a cake to assess its healthiness after it’s been baked. Using a budget as an indication of a project’s success may not give a team enough actionable insights about possible changes that need to be made. .

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7 Ways To Grow Your HVAC Business in 2022

Levelset

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.