HardHatChat

MAY 18, 2010

Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. There’s a misconception that general construction contractors love change orders. But, I would also be a lot richer.

Change Orders 174

Change Orders Commercial Construction Bidding 174

Fieldwire

AUGUST 6, 2023

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. Budget constraints Going over-budget is common in the construction sector. Finally, the project’s budget needs to be reviewed constantly to stay on track.

Project Management 98

Project Management Management Construction Budgeting 98

Levelset

MARCH 16, 2022

The performance and monitoring stage is a phase in which the project’s progress, timeline, and budget are constantly assessed in order to keep the job on track. This breaks down into a few main areas: the job scope, the budget, and the schedule. To answer those questions, we need to take an in-depth look at this phase.

Lien 52

Lien Construction Budgeting Budget 52

Viewpoint Construction Technology

MAY 15, 2018

Contractors have to pay attention to budgets, deadlines, collaborators, change orders, progress reports, payroll, safety, compliance requirements and much more. Lien requirements. These days, many contractors are faced with managing larger, more complex projects on a regular basis. Building codes. Safety regulations.

Management 173

Management Regulation Construction Documentation 173

Chianelli Estimating

NOVEMBER 11, 2011

Their accounting department has established a project budget that can not be exceeded and, if adhered to, the project is feasible. Some are much lower than the estimated building cost and many were well above the budget. Great news because some bidders are lower than the established budget estimate and the project could move forward.

Bidding 100

Bidding Estimating Budgeting Budget 100

Levelset

APRIL 5, 2022

By predicting your cash requirements ahead of time, you know just how much work you can afford to take on and budget accordingly. Even if you budget your expenses and analyze your cash flow, unexpected expenses may arise, or you may have missed something in your initial planning. Poor planning. Stuff happens.

Cash Flow 52

Cash Flow Finance Construction Materials 52

Autodesk Construction Cloud

DECEMBER 18, 2021

Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. The first step is to track every part of the project to streamline reviewing legal terms and change orders, for example. Delayed change order resolution. The reverse bell curve.

Change Orders 52

Change Orders Documentation Equipment Risk 52