Fieldwire

MARCH 5, 2024

Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Follow these eight essential steps to estimate project costs and budget funds effectively to prevent grave miscalculations. Digital data lends itself to analytics.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Construction Marketing

OCTOBER 16, 2023

However, with the following six approaches, you will streamline your construction projects to ensure you do everything efficiently within the stipulated time and budget. Your construction plan should include clear goals, schedule, budget, equipment, dependencies, and team members.

Construction 323

Construction Budgeting Budget Materials 323

Viewpoint Construction Technology

APRIL 4, 2017

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

Software Software Construction Project Management 130

Pro Builder

APRIL 19, 2021

5 Reasons to Use Mechanical Contractor Software. Construction software technology has not only helped general contractors but assisted trade contractors to provide their vital services and bring projects to completion. Here are five reasons to use mechanical contractor software: 1) Drawing & Design Planning. 3) Estimating.

Software 52

Software Software Contractors Change Orders 52

Viewpoint Construction Technology

FEBRUARY 11, 2019

That’s exactly how we feel when we see construction companies stuck in bad relationships with construction software providers. You may be in a toxic relationship with your construction software provider if…. The software looks, feels and functions the same way it did in 1990. Don’t fall for false integration promises any longer.

Software 142

Software Software Construction Viewpoint 142

Construction Marketing

DECEMBER 15, 2021

Most companies implement modern software, AI, AR/VR algorithms, and other technologies to free performers from a range of challenges and stay competitive in the ever-changing niche. Among the most efficient construction technologies are building estimation software , cloud-based systems, building information modeling, and more.

Industrial 120

Industrial Construction Software Software 120

Construction Marketing

FEBRUARY 14, 2022

Implement The Use Of Management Software. The introduction of management software systems could add some much-needed modernization to your construction business. Likewise, having management software that combines inventory business process supervision could achieve more than inventory control. . Continue reading to learn more.

Inventory 271

Inventory Management Site Construction 271

Fieldwire

JANUARY 25, 2022

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. The Importance of Project Risk Planning. Workflow of Risk Planning. treating the risks.

Risk 59

Risk Plans Insurance Construction 59

Construction Marketing

DECEMBER 6, 2022

Not only does it improve their reputation, but it also makes it easier to stay within budget. Instead of using paper blueprints or designs, opt for a digital solution, such as construction management software. . Construction management software is not only eco-friendly but also more convenient.

Construction 224

Construction Environment Sustainability Software 224

Construction Marketing

DECEMBER 19, 2019

Business management software like ERP is built to handle this—but who can deliver? To answer this question, we’ve partnered with analysts and technology experts, the Business Software Education Center , to explore the top ERP solutions for growing construction firms. Who’s Delivering ERP Solutions for Construction? Reflex ERP.

Software 200

Software Software Construction ProCore 200

Lets Build

MARCH 10, 2023

Construction companies that don’t leverage the power of data risk falling behind. In an industry where large chunks of our budgets are spent on labour and materials, we benefit from every opportunity to decrease our costs, improve our efficiency, and minimise our material waste.

Construction 147

Construction Site Schedule Management 147

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins. Now your project’s schedule and target cost are at risk.

Construction 148

Construction Materials Risk Management 148

Construction Marketing

AUGUST 3, 2022

The project team is required to handle the finance aspect of the project, meaning that they are responsible for generating a project’s estimated cost as well as assembling a project budget. Oftentimes, it is inadequate communication or poor budget planning that causes a delay in the completion of the building.

Project Management 228

Project Management Management Construction Feasibility 228

Viewpoint Construction Technology

NOVEMBER 29, 2017

Construction software has been instrumental in changing the face of the construction industry. Without your own project management solution, you’re operating at a huge disadvantage and putting your business at risk. Subcontractors can minimise risk with the right construction software management tools. Business overview.

Profitability 146

Profitability Viewpoint Software Software 146

Viewpoint Construction Technology

FEBRUARY 19, 2019

Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. Better manage commercial risk and opportunity. The best benefit of a time-phased cost budget baseline is that project forecasts will be more accurate, with improvements in validation and efficiency.

Cash Flow 130

Cash Flow Forecasting Construction Software 130

Lets Build

APRIL 21, 2023

Keeping a detailed daily construction report is useful for more than tracking project progress and productivity; it decreases your risks of experiencing those fears that keep you up at night. It can also help reduce the risks associated with construction projects. Another risk that project managers face is schedule overruns.

Project Management 146

Project Management Construction Site Management 146

Construction Marketing

DECEMBER 27, 2021

As a contractor, you likely know that your business is always at risk. Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Builders Risk Insurance.

Insurance 156

Insurance Contractors Accidents Liability 156

Viewpoint Construction Technology

JULY 19, 2017

Working with integrated construction software can keep everyone on the same page, jobs and duties on time, equipment and worker status visible, and timelines transparent. Keep your construction project from hitting a standstill with the right software and planning. Stay on top of schedules and budgets to avoid delays.

Viewpoint 222

Viewpoint Construction Schedule Estimating 222

Viewpoint Construction Technology

MAY 14, 2019

Staying proactive during projects by recognizing pitfalls and taking appropriate steps to avoid them limits accidents, ensures budgets and timelines remain on schedule and creates a more positive work environment. Construction is never without risk, but working smarter means working safer. Relying on Outdated Software.

Contractors 256

Contractors Software Software Accidents 256

Job Order Contracting

FEBRUARY 17, 2024

Ancillary services whose compromise would pose a negligible risk to Federal information or information systems, such as systems that make external measurements or read information from other publicly available services. #2. As a result of Microsoft AZURE hosting for example, and its FEDRAMP compliance, 4BT SaaS software inherits compliance.

Management 196

Management Certification Security Drafting 196

Viewpoint Construction Technology

APRIL 23, 2019

Working with cloud-based, integrated construction software can keep everyone on the same page by providing equipment, materials and worker status visibility, project progress and productivity and timeline transparency — all in real time. This helps contractors complete their construction deliverables on time and within budget.

Construction 218

Construction Software Software Estimating 218

Carol Hagen

SEPTEMBER 16, 2009

According to an MIT Sloan Center for Information Systems Research Study, the average firm spends 71% of their IT budget on running current systems and some blow as much as 80% of their budget keeping the status quo. What if you could reduce this to 50-60% of the IT budget? .

Budgeting 129

Budgeting Budget CFMA Profitability 129

Construction Business Owner

SEPTEMBER 9, 2022

How is your budget holding up under the prices of the raw materials and labor you’ve been choosing? If your budget allows for it, buy raw materials ahead of time and store them until you’re ready to use them. In that case, the risk would be worth the reward. Begin this assessment by asking yourself four main questions.

Management 296

Management Industrial Construction Materials 296

Autodesk Construction Cloud

NOVEMBER 6, 2023

CTC Software provides building information modeling (BIM) technologies and software services. The CTC Software Autodesk Construction Cloud Connector links Revit models managed in Autodesk Construction cloud with four of CTC Software’s tools: BIM Batch Suite, BIM Manager Suite, BIM Project Suite, and BIM Data Suite.

Autodesk 118

Autodesk BIM Visualization Construction 118

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

Autodesk Construction Cloud

DECEMBER 31, 2021

And with good reason: the right insights can improve everything from project cost and timeline accuracy to reducing the risk of lawsuits and disputes, and even winning more business. Or implementing new safety training to mitigate worker injury risk You can then use that knowledge to anticipate and better manage risk for future jobs.

Risk 52

Risk Management Construction Autodesk 52

Lets Build

FEBRUARY 24, 2023

2023 also brings more unpredictability for company execs and project managers, making managing schedules, budgets, and timelines challenging. Technology is transforming the construction industry, but organisations continue to rely on more traditional methods and paper processes, citing reasons like a lack of budget, labour, and awareness.

Industrial 148

Industrial Construction Profitability Budgeting 148

Viewpoint Construction Technology

OCTOBER 23, 2018

Reducing Risk and Increasing Safety. But going a step further and analyzing data that can help you identify high-risk tasks and dangerous conditions can help prevent future incidents and reduce risk for your business. Construction software can help you analyze your data. Bidding Smarter and Winning More Work.

Construction 226

Construction Software Software Cash Flow 226

Autodesk Construction Cloud

APRIL 13, 2023

Partnering for success Kemet Corporation specialises in supplying architectural, civil, mechanical and electrical engineering software to organisations looking to modernise. With experience implementing software, they were able to help SQUARE customise Autodesk’s solutions to meet their specific needs.

Autodesk 98

Autodesk Management Engineering Accounting 98

Viewpoint Construction Technology

MAY 7, 2019

Effectively managing the materials on jobsites with modern software can have a significant impact on contractors bottom lines. Construction materials management software has helped ease materials burdens, and with advances like the cloud, it’s getting even easier for contractors to take control of their materials processes.

Materials 206

Materials Software Software Project Management 206

Autodesk Construction Cloud

DECEMBER 3, 2021

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.

Budgeting 52

Budgeting Budget Construction Software 52

Autodesk Construction Cloud

DECEMBER 6, 2023

This is why many firms rely on enterprise resource planning (ERP) software to effectively connect tasks like job costing and project management. Unfortunately, most ERP and accounting software aren't built for construction project managers. So, the company chose Autodesk Construction Cloud as its project management software.

Autodesk 98

Autodesk Management Construction Accounting 98

Fieldwire

MARCH 1, 2022

Coming in on budget is obviously important, but another factor is on-time completion, undoubtedly one of the most important attributes for any construction project. Solid Risk Management. Solution: Set up a solid risk management program that is risk-appropriate and specific to a given construction project/workflow.

Risk 105

Risk Construction Equipment Management 105

Viewpoint Construction Technology

JANUARY 31, 2018

Risk management is an inherent part of the job in the constru ction industry. When contractors have tight budgets and deadlines, those numbers can really add up, impacting job costs and the organization’s bottom line. Improve Recordkeeping With Construction Software. Increases in Criminal Charges.

OSHA 170

OSHA Inspections Viewpoint Safety 170

Viewpoint Construction Technology

JANUARY 17, 2018

But contractors also have to deal with a mountain of data relevant to managing the business operations to ensure construction projects are completed on time and on budget. To manage all these business processes, most firms opt for enterprise resource planning (ERP) software. Opt for integrated construction software.

Software 166

Software Software Construction Documentation 166

Construction Marketing

JUNE 16, 2021

The advantages of prototyping have led to its adoption in several industries such as manufacturing, healthcare, and software development. . Each of these features risks failure if it isn’t well designed and built. Helps In Budgeting And Funds Acquisition. Thus, budgeting needs to be precise and accurate to cover all the needs.

Design 156

Design Construction Budgeting Budget 156

Autodesk Construction Cloud

JUNE 8, 2023

Because preconstruction offers the biggest opportunity to de-risk a project. 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. The preconstruction stage also allows you to simulate the job before executing it.

Profitability 98

Profitability Bidding Estimating Risk 98