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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. The best benefit of a time-phased cost budget baseline is that project forecasts will be more accurate, with improvements in validation and efficiency. Create Rolling Enterprise Cash Flow Forecasts.

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Good communication on the job site: Connect your teams and see everything

Lets Build

This is also the key to keeping your teams connected so that they can work better together and take ownership of their tasks ensuring successful project delivery and, more importantly, protection against commercial claims. Conflicts about claims may stop work on your project for weeks and cause thousands of Euros in budget overruns.

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New in Autodesk Construction Cloud: 35+ Product Releases You Should Know in September

Autodesk Construction Cloud

These templates are accessible to download via the Data Connector template gallery tab. Reports | Send Report as Email Attachment Option – Project Admins now have an option in the report settings to configure project reports to be sent as email attachments or download links.

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How to increase the speed of response in your construction sites

Lets Build

All construction projects rely on a long chain of stakeholders that have to work together and communicate in a seamless way so that the scheduled tasks are completed on time and on budget. Your project will be vulnerable to commercial claims. The result? Speed of response and, by extension, speed of reaction will be extremely low.

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Force majeure in construction: Protecting your projects from unforeseen events by investing on preparation

Lets Build

Some contracts deem force majeure as a relevant event that may grant the contractor ability to file claims on an extended time needed to deliver their obligations under the contract. These claim disputes are common especially when it comes to unfavorable weather as the term is mostly vaguely defined. Standardise as much as you can.

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New Autodesk Build Releases You Should Know in September

Autodesk Construction Cloud

Now, users can create distribution items based on budget, budget code segment, or contract and more easily generate batch distributions within the Cash Flow tab in the Forecast tool. These templates are accessible to download via the Data Connector template gallery tab.

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3 Steps to Better Cost Control in Construction Projects

Autodesk Construction Cloud

KPMG research also shows just 31% of projects come within 10% of the original budget, indicating that budget control is more crucial than ever in this uncertain economic climate. This is the opportunity where project stakeholders can express their concerns over budget and timelines.