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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

“A low-bid strategy causes death by a thousand cuts to a project’s budget.”. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. A low-bid strategy causes death by a thousand cuts to a project’s budget, and it’s totally avoidable if you adopt a more collaborative mindset.

Bidding 98
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40+ Fresh Product Releases You Should Know in January

Autodesk Construction Cloud

Additionally, project members can add a delete reasoning comment on web and mobile. Correspondence | View and Add References on iOS [Coming Soon]** – To improve visibility of critical project information, iOS Mobile users can now view and add project references to their correspondence.

Products 105
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Construction Business Owner Blogs

Construction Business Owner

« The Year of Mobile Technology? Data Security in the Cloud » Collaborating on Cash flow. 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.

Cash Flow 120
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Maximising ROI with construction project execution software

Lets Build

Proper budgeting Budgeting requires the most attention to ensure on-budget projects. Poor budgets can lead to delays or even incomplete projects. This allows you to work within the budget. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc.

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Maximising ROI with construction project execution software

Lets Build

Proper budgeting Budgeting requires the most attention to ensure on-budget projects. Poor budgets can lead to delays or even incomplete projects. This allows you to work within the budget. This includes blueprints, legal contracts, building codes, budget documents, proposals, bids, etc.

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Construction Business Owner Blogs

Construction Business Owner

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. It’s easy to figure that when you’ve spent 50% of your budget, you’re 50% complete with the job.

Cash Flow 120
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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.