Remove Budget Remove Change Orders Remove Regulation Remove Statistics
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Industry Statistics. 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. Know the Contract and Budget. Stay on Top of Changes. Green Building.

article thumbnail

#100:  Dealing With Rising Costs

NH Construction Law

Often the benchmark is indexed costs, for example the producer price index or “PPI” published by the Bureau of Labor Statistics. Sometimes the benchmark is budgeted costs, i.e., the contractor’s actual buyout costs at bid time (or those of their subs if the subcontract prices are similarly allowed to fluctuate).

Deals 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Industry Statistics. Rather than looking in the review mirror after a job is complete and realizing you’re over budget, make sure you have the ability to import estimates, manage change orders, report on committed costs, and allow your employees in the field remote access. change orders.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Industry Statistics. Moneyball is a film based on the true story of Oakland A’s general manager Billy Beane’s successful attempt to put together a baseball team on a tight budget. change orders. Green Building. Construction Safety. Sales/Marketing. Equipment Management.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Industry Statistics. Close the Budget vs. Actual Gap. change orders. Tags: budget vs. actual , construction management , field technology. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.

article thumbnail

Why Projects Fail

Job Order Contracting

The ability to successfully account for and manage change during a project lies in an organization’s leadership and level of maturity relative to its strategies, processes, goals, and resources. Work order notice to proceed. Work order closure. Project Management Statistics. ORGANIZATIONAL MATURITY.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Industry Statistics. 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. change orders. Green Building. Construction Safety. Sales/Marketing. Resource Center.

Cash Flow 120