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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget.

Cash Flow 130
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8 Benefits of Using Web-Based Software in Construction

Viewpoint Construction Technology

Web-based software has changed the face of the construction industry. Large or small, construction jobs can be made easier with the right support system, especially when it comes to management software. Below are eight benefits to using web-based software, which keeps you and your crews flexible, accurate, and efficient.

Software 130
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Living in a Materials World

Viewpoint Construction Technology

Effectively managing the materials on jobsites with modern software can have a significant impact on contractors bottom lines. Every built environment turns raw materials into polished projects. But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly.

Materials 205
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How to Find Modern Marketing Talent

Construction Marketing

Understanding of planning, forecasting, budgeting and market research are required skills for the certain levels of marketing management. Project management skills, writing skills, and the ability to generate creative ideas, or at least brief, guide and manage other creative staff or agencies are all typical marketing roles.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

Little to no project or business predictability Most construction projects are like a unique snowflake. For one, market factors heavily influence labor and material expenses, making forecasts difficult and increasing the likelihood of overruns. Then there are the projects themselves, which are incredibly complex.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

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. Bidding Smarter and Winning More Work.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.