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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

Doing so won’t just make your life easier; it’ll also help you protect your profit margins. Many things can happen during this period, and project teams often face complications like design creep and price increases, which negatively impact budgets and schedules. How do you accomplish this?

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Construction Business Owner Blogs

Construction Business Owner

Construction Safety. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. Reducing Risk and Increasing Safety. All contractors should track data related to safety issues. Several construction data trends have emerged recently.

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The importance of keeping construction daily logs for every site activity

Lets Build

If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. Free eBook: Quick guide to Lean practices for construction professionals 2.

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6 Common Causes of Cost Overruns in Construction Projects

Autodesk Construction Cloud

How Proper Planning Can Help Keep Your Project on Budget. In fact, according to a study from KPMG, just 31% of all projects came within 10% of the budget in the past 3 years. Oftentimes, overruns hint at deeper issues in project management and from schedules and budgets being set improperly from the very beginning of the project.