ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Project Management. content_upgrade_button]Click Here[/content_upgrade_button][/content_upgrade].

Procurement 52

Procurement Plans Construction Budgeting 52

Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more.

Construction 225

Construction Software Software Cash Flow 225

Construction Business Owner

MARCH 1, 2012

Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. Technology for Collaboration & Cash Flow.

Cash Flow 120

Cash Flow Construction Software Software 120

Autodesk Construction Cloud

SEPTEMBER 22, 2021

Project delays in construction happen quite frequently, and typically result from poor planning. With such long time-tables, it’s difficult to plan for unforeseen schedule disruptions while managing the many moving parts of a project. This is done by linking budget line items to schedule activities.

Autodesk 52

Autodesk Schedule Cash Flow Forecasting 52

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Autodesk Construction Cloud

JUNE 8, 2023

When you stay on top of project planning and design from the beginning (i.e., Integrate design with downstream processes A typical $100 million project takes around 30 months in design and preconstruction. Doing so enables you to eliminate potential change orders and pay applications, ultimately leading to better cash flow.

Profitability 98

Profitability Bidding Estimating Risk 98

PSMJ Resources

MARCH 26, 2012

Effective Project Managers Need Authority. Clients want strong project leaders rather than mere project “administrators” who’ll simply manage things and move them around. The PM must understand finance and serve as the last bastion of the firm’s cash flow picture.

Project Management 43

Project Management Resource Management Cash Flow 43

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Properly manage change orders.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Contractor Bookkeeping

SEPTEMBER 13, 2013

Business Plans Stir Up Debate! Having worked with contractors for a very, very long time the one thing we see highly profitable contractors do that other contractors don''t is they all have a documented Business Plan which they review and update during the two weeks following the end of every calendar quarter. See Leveling ).

Plans 48

Plans Contractors Cash Flow Profitability 48

Construction Business Owner

APRIL 26, 2012

Know the Contract and Budget. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully. Then use the results to improve your estimating procedures on future projects.

Change Orders 120

Change Orders Construction Profitability Software 120

Rory Woolsey

APRIL 15, 2012

Construction management in a nutshell is the planning, organizing, implementing and controlling of a projects time, costs, resources and cash flow. Construction projects are made up of hundreds of interdependent tasks that have a specific order that they must occur. construction consultants.

Estimating 40

Estimating Cash Flow Organization Construction 40

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). Good project managers will always know where these project metrics are because they are indicative of the immediate health of the project. Plans must change.

Estimating 40

Estimating Cash Flow Budgeting Budget 40

ProcurementExpress.com

NOVEMBER 30, 2016

A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Some of these contemplations are: Under-funded projects or underbid projects. An inexperienced project team. Improper planning. Theft of project funds. Under-funded projects.

Risk 52

Risk Construction Plans Structural Engineering 52

Autodesk Construction Cloud

JANUARY 6, 2022

Everyone can access the main plans and goals of a project at any time, without having to rely on gatekeepers or slog to faraway offices in order to get the information they need. With collaborative construction, all stakeholders can access the main goals and plans at any time. On-time project delivery. Key Takeaways.

Construction 52

Construction Estimating Design Budgeting 52

Construction Business Owner

MARCH 6, 2011

Better yet, what would you do if you suddenly found more work than you planned on? To the contrary, planning such as this allows you a dashboard into your business that your competitors that don’t do this type of testing won’t have. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

NOVEMBER 30, 2016

A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Some of these contemplations are: Under-funded projects or underbid projects. An inexperienced project team. Improper planning. Theft of project funds. Under-funded projects.

Risk 40

Risk Construction Plans Structural Engineering 40

Construction Business Owner

NOVEMBER 17, 2011

Notice that the horizontal axis represents your operating cost budget, and the vertical axis your capital (i.e., cost of owning) budget. If both the owning and operating costs for a piece of equipment are exactly what you planned for, then the “dot” for that piece would be placed in the center of the graph. document management.

Construction 137

Construction Software Software Equipment 137

Construction Business Owner

SEPTEMBER 13, 2011

PLAN AHEAD and have a Go Live date in mind. Then you can create a realistic implementation plan. But you can consider new software anytime, and the best way for you to figure out your going live date is to PLAN and give yourself plenty of time (the more the better!). Committing Intentional Project Communications.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

DECEMBER 12, 2021

How do you measure project success? Is it over or under budget? As owners and project executives usually are looking at high-level metrics, it’s easy for teams to get driven purely by the money. Construction teams need to track more than financials to determine a project’s success. And by how much? Key Takeaways.

Profitability 52

Profitability Products CFMA Construction 52

Construction Business Owner

FEBRUARY 23, 2012

Most providers can create a plan to meet your needs, not to mention budget. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management. Management. February 2009.

Security 120

Security Construction Software Software 120

Construction Business Owner

MARCH 22, 2012

We identified a few basic topics to put some thought into when creating a marketing strategy: Marketing Research, Target Market(s), Product, Price, Promotion, Place, Position, Schedules, and Budgets. As a civil contractor I’m planning to market my services using Internet Marketing. Committing Intentional Project Communications.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

DECEMBER 18, 2021

Since you’re at the end of the project, you may not even have the resources on hand to easily correct errors if you discover them after your workers have been released. The right construction closeout plan, starting well before actual closeout, is essential to a seamless client handover. Key Takeaways.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Autodesk Construction Cloud

SEPTEMBER 19, 2023

This month, we’re excited to release feature additions and enhancements to Autodesk Build across document management, project management, and cost management. The ability to initiate communications and file external emails within the platform delivers a centralized and connected source of truth for the project.

Autodesk 59

Autodesk Cash Flow Management Drawings 59

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

SEPTEMBER 19, 2023

This allows teams to easily track the same asset across different sheet types, like a window that shows up on a floor plan as well as an elevation drawing, to increase asset information visibility.

Autodesk 122

Autodesk Products BIM Cash Flow 122

Lets Build

JULY 8, 2022

Even so, advanced daily planning has seen many firms mitigating the impact on construction by proactively planning workers’ daily positioning. This reduces the scope for brainstorming and pre-emptive problem-solving, at a time when many site plans and approved projects require modifying to meet post-COVID expectations.

Industrial 148

Industrial Construction Cash Flow Retail 148

Autodesk Construction Cloud

NOVEMBER 8, 2022

Goods are delivered on time and within budget, meaning contractors can build and execute projects efficiently. . Strategies to Improve Construction Supply Chain Management . Proper supply chain management, and efficient systems and processes are critical to the success of any project. Tech to try .

Management 98

Management Construction BIM Materials 98

Autodesk Construction Cloud

OCTOBER 28, 2021

For best results on any project, you should have your approach well-sorted before a shovel ever hits the ground. Forgive the crassness, but the old adage “proper planning prevents p**s poor performance” couldn’t be more true. Cost management plays a significant role in managing how revenue and costs are accrued on your projects.”

Autodesk 52

Autodesk Industrial Construction BIM 52

Viewpoint Construction Technology

APRIL 2, 2019

Modern software ensures real-time and accurate data to better estimate projects, stick to budgets and timelines and maximize performance and profitability. Intuitive software and mobile technologies are mitigating project and safety risks, reducing costs and reducing project management headaches.

Construction 214

Construction Software Software Viewpoint 214

Autodesk Construction Cloud

DECEMBER 2, 2021

Your ultimate guide to construction cost management, and how to improve it. Tracking costs and monitoring risk while keeping a job on budget can be one of the biggest hurdles to any building project. Tracking costs and monitoring risk while maintaining a budget is one of the most significant hurdles on a building project.

Management 52

Management Change Orders Construction Budgeting 52

Lets Build

APRIL 20, 2020

As reported by McKinsey and Company, an average project in construction is expected to experience a minimum 20-month delay and an 80% budget overrun. More analytically, here are a few examples with some of the most notable problems that might follow a project delay in construction: Additional labour wages. Cash flow problems.

Schedule 206

Schedule Construction Cash Flow Budgeting 206

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Project Management & accounting software plays a vital role for construction companies. Now-a-days industry-specific project management software plays an important role for expanding integrated project management modules to participate with the leading stand-alone project management systems.

Project Management 40

Project Management Software Software Accounting 40

Autodesk Construction Cloud

OCTOBER 5, 2021

New Schedule tool in Autodesk Build and an expanded partner ecosystem supercharge project management across construction teams . New Schedule tool in Autodesk Build bolsters project management . The Schedule and Cost integration delivers project-level data analyses, enabling teams to accurately forecast cash flow. .

Autodesk 52

Autodesk Construction Schedule Accounting 52

Autodesk Construction Cloud

FEBRUARY 1, 2022

Quality in construction means that projects are finished within the guidelines established by the Scope of Work. Finishing the project on time, meeting the requirements of the agreement and staying within the budget are all essential aspects of quality management. Standardize .

Management 97

Management Construction Risk Documentation 97

Autodesk Construction Cloud

JANUARY 9, 2024

AI and Data's Impact on the Industry Stephen Brooke Digital Delivery Project Manager, Burns & McDonnell "Looking ahead to emerging construction trends, it’s the combination of two key areas that have significant buzz and are starting to drive more industry innovation: artificial intelligence (AI) and data.

Construction 137

Construction Autodesk Industrial Sustainability 137

Autodesk Construction Cloud

AUGUST 12, 2021

But the latest innovations in construction project management software provide an exciting level of financial clarity—especially useful to connect project finances to accounting decision-makers. It’s not uncommon for projects to take years to finish. That includes accounting. Tracking Sales.

Accounting 52

Accounting Software Software FASB 52