Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 2) Time & Productivity Management. 4) Budgeting & Finances. 5) Material Planning & Document Management. 3) Estimating.

Software 52

Software Software Contractors Change Orders 52

Job Order Contracting

DECEMBER 13, 2020

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. This is why, at the end of the day, leadership and organizational leadership are the primary cause of endemic project failure.

Project Management 161

Project Management Capterra Organization Management 161

Construction Business Owner

OCTOBER 26, 2011

Equipment Management. Industry News. Industry Statistics. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. Resource Center.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

OCTOBER 23, 2018

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.

Construction 225

Construction Software Software Cash Flow 225

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 68

Cash Flow Contractors Budgeting Budget 68

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Speed Up Receivables. Use Financing to Provide a Cushion.

Cash Flow 52

Cash Flow Contractors Budgeting Budget 52

Construction Business Owner

NOVEMBER 3, 2011

Equipment Management. Industry News. Industry Statistics. For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex. Job Cost & Cash Flow. construction management.

Cash Flow 120

Cash Flow Construction Software Software 120

Autodesk Construction Cloud

OCTOBER 28, 2021

Every year, Autodesk University (AU) brings industry knowledge to light, leaving construction professionals from across the globe with a wealth of actionable insights. Jump to industry learning: Great decisions require access to great data. Modern construction cost management relies on connected workflows. That includes $88.69

Autodesk 52

Autodesk Industrial Construction BIM 52

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Multiple Projects at Once. Project Management. Document management. Click Here.

Procurement 63

Procurement Plans Construction Budgeting 63

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Multiple Projects at Once. Project Management. Document management.

Procurement 52

Procurement Plans Construction Budgeting 52

Autodesk Construction Cloud

JUNE 8, 2023

The famous Aristotle quote that goes, “Well begun is half done,” rings very true in the construction industry. When you stay on top of project planning and design from the beginning (i.e., Integrate design with downstream processes A typical $100 million project takes around 30 months in design and preconstruction.

Profitability 98

Profitability Bidding Estimating Risk 98

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Construction Business Owner

APRIL 26, 2012

Equipment Management. Industry News. Industry Statistics. Know the Contract and Budget. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

JANUARY 5, 2012

Equipment Management. Industry News. Industry Statistics. I started thinking about how business owners can better manage their companies, and so I created my own short list of New Year’s resolutions for better construction management. Close the Budget vs. Actual Gap. Resource Center. Ask the Expert.

Construction 120

Construction Software Software Accounting 120

Rory Woolsey

APRIL 15, 2012

Construction management in a nutshell is the planning, organizing, implementing and controlling of a projects time, costs, resources and cash flow. Construction projects are made up of hundreds of interdependent tasks that have a specific order that they must occur. Sunday, April 15, 2012. It Dont Come Easy!

Estimating 40

Estimating Cash Flow Organization Construction 40

Construction Business Owner

FEBRUARY 2, 2012

Equipment Management. Industry News. 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. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 17, 2011

Equipment Management. Industry News. Industry Statistics. E-mail overload » Construction Equipment Management: Finding the Sweet Spot. Notice that the horizontal axis represents your operating cost budget, and the vertical axis your capital (i.e., cost of owning) budget. construction management.

Construction 136

Construction Software Software Equipment 136

Lets Build

JULY 8, 2022

In many respects, the answer to the question “How has COVID affected the construction industry?” Because this was internationally viewed as an essential industry, often taking place outside, construction companies and their staff were able to resume something approaching normal working conditions surprisingly rapidly.

Industrial 148

Industrial Construction Cash Flow Retail 148

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). Good project managers will always know where these project metrics are because they are indicative of the immediate health of the project. Good planning matters!!

Estimating 40

Estimating Cash Flow Budgeting Budget 40

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. This front-loading process is known as over-billing.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Construction Business Owner

MARCH 6, 2011

Equipment Management. Industry News. Industry Statistics. While I found parts of it a bit elongated, it was a fascinating story that showed the inner workings of the group charged with reorganizing an industry that is near to me having been a born and raised Michigander. Committing Intentional Project Communications.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 23, 2012

Equipment Management. Industry News. Industry Statistics. For example, banks and other financial institutions put in stronger measures than many other industries. Most providers can create a plan to meet your needs, not to mention budget. Committing Intentional Project Communications. document management.

Security 120

Security Construction Software Software 120

Autodesk Construction Cloud

JANUARY 6, 2022

Everyone can access the main plans and goals of a project at any time, without having to rely on gatekeepers or slog to faraway offices in order to get the information they need. This, of course, is the ideal way to conduct projects. Traditionally, construction is a fragmented industry. On-time project delivery.

Construction 52

Construction Estimating Design Budgeting 52

Construction Business Owner

SEPTEMBER 13, 2011

Equipment Management. Industry News. Industry Statistics. The bigger the company, the more important it is to have a solution that can forecast and budget for the future. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. This front-loading process is known as over-billing.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Construction Business Owner

MARCH 22, 2012

Equipment Management. Industry News. Industry Statistics. We identified a few basic topics to put some thought into when creating a marketing strategy: Marketing Research, Target Market(s), Product, Price, Promotion, Place, Position, Schedules, and Budgets. Committing Intentional Project Communications. Management.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

DECEMBER 12, 2021

How do you measure project success? Is it over or under budget? As owners and project executives usually are looking at high-level metrics, it’s easy for teams to get driven purely by the money. Construction teams need to track more than financials to determine a project’s success. And by how much? Key Takeaways.

Profitability 52

Profitability Products CFMA Construction 52

ProcurementExpress.com

NOVEMBER 30, 2016

Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Some of these contemplations are: Under-funded projects or underbid projects. An inexperienced project team. Theft of project funds.

Risk 52

Risk Construction Plans Structural Engineering 52

ProcurementExpress.com

NOVEMBER 30, 2016

Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Some of these contemplations are: Under-funded projects or underbid projects. An inexperienced project team. Theft of project funds.

Risk 40

Risk Construction Plans Structural Engineering 40

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

JANUARY 9, 2024

In 2023, the construction industry grappled with the lingering effects of supply chain disruptions, inflation, and ever-present labor shortages —a narrative that has become all too familiar. The future is bright for the construction industry, and the best way to prepare is to stay informed and adaptive to emerging trends.

Construction 137

Construction Autodesk Industrial Sustainability 137

Viewpoint Construction Technology

APRIL 2, 2019

As uncertainty lurks in the future of construction industry spending , contractors have placed a focus on technology transformation as a key differentiator moving forward. With most industries advancing technologies at breakneck pace, those still resisting might find themselves at a competitive disadvantage to their peers that do modernize.

Construction 214

Construction Software Software Viewpoint 214

Lets Build

APRIL 20, 2020

Construction schedule delays are a common problem within the industry and for a very good reason. As reported by McKinsey and Company, an average project in construction is expected to experience a minimum 20-month delay and an 80% budget overrun. Cash flow problems. Extra cost for materials and storage.

Schedule 206

Schedule Construction Cash Flow Budgeting 206

Autodesk Construction Cloud

DECEMBER 2, 2021

Your ultimate guide to construction cost management, and how to improve it. Tracking costs and monitoring risk while keeping a job on budget can be one of the biggest hurdles to any building project. Tracking costs and monitoring risk while maintaining a budget is one of the most significant hurdles on a building project.

Management 52

Management Change Orders Construction Budgeting 52

Autodesk Construction Cloud

NOVEMBER 8, 2022

Construction supply chain management refers to the processes, systems, and practices used to manage the flow of materials in the construction industry. It also includes managing the relationships between various parties within the supply chain—including manufacturers, suppliers, contractors, owners, and more. .

Management 98

Management Construction BIM Materials 98

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Project Management & accounting software plays a vital role for construction companies. Now-a-days industry-specific project management software plays an important role for expanding integrated project management modules to participate with the leading stand-alone project management systems.

Project Management 40

Project Management Software Software Accounting 40

Autodesk Construction Cloud

AUGUST 12, 2021

Managing the myriad of accounting activities across an entire construction business, or at any phase of an individual project, you’re going to want access to the most accurate, real-time numbers possible. No stranger to disruption, the construction industry is experiencing higher levels of digitization than ever before.

Accounting 52

Accounting Software Software FASB 52