article thumbnail

Budgeting, Forecasting, And Goal-Setting In Your Construction Company

Contractor Bookkeeping

We often get into business because we love a product or service we want to provide, but it's less common that we love managing the financial aspects of our business. As a construction company owner, you have the best chances of success when you regularly set budgets, develop financial forecasts, and establish goals.

article thumbnail

Sustainable Facilities Management Practices

Job Order Contracting

Sustainable Facilities Management Practices involve a clear set of objectives, methods, and processes aimed at maximizing performance of the built environment with respect to economic and environmental resources in concert with meeting organizational mission needs.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strategic Resource Management In Construction Project Management

The Constructor

The construction industry is a complex world, filled with many project management issues that can derail the successful completion of any project. Effective project management strategies must be implemented to ensure construction projects finish on time and within budget.

article thumbnail

Inside the Advantages of Construction Management Software

Construction Business Owner

Inside the Advantages of Construction Management Software. Construction management (CM) software allows for constant communication, documentation and collaboration, ensuring the project stays on track and on budget. Sat, 12/31/2022 - 07:39. Contractors can’t afford slowdowns or inefficiencies during a project.

Software 296
article thumbnail

Identify, Manage & Reduce Jobsite Hazards & Threats

Construction Business Owner

Identify, Manage & Reduce Jobsite Hazards & Threats ccapoccia Thu, 03/23/2023 - 09:57 All construction projects carry some level of risk that needs to be identified, assessed and managed so construction projects are not negatively impacted. There are four main types of risk in construction: financial, safety, scheduling and legal.

article thumbnail

Tips for Effectively Managing Your Construction Business

Construction Business Owner

If the office and field teams aren’t aligned, it directly impacts a project’s ability to stay on schedule and budget. Join us to learn best practices for managing and creating processes that reduce risk and improve visibility. A construction project’s success ultimately depends on how well the office and field work together.

article thumbnail

Avoid Common Budgeting Mistakes with Construction Software

The Constructor

As a construction project manager, your primary task is to oversee the scope, budget, and timeline. Making a mistake with your construction budget.

Budgeting 176