Budgeting Materials Profitability White Paper 
Viewpoint Construction Technology
NOVEMBER 29, 2017
At the same time, you’re trying to keep a close eye on your own jobs, profit margins, invoices, personnel, equipment, drawings, and more. When profit margins hover at only 3 per cent, an entire project gain can be wiped out with one mistake. Thirty five per cent of construction costs are spent on material waste and remedial work.
Viewpoint Construction Technology
OCTOBER 25, 2017
When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste. Cost control.
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Fieldwire
AUGUST 9, 2023
It’s a widespread problem that attributes to some of the inefficiencies that cause large projects to run on average 20% longer to finish than scheduled and up to 80% over budget. This can help improve planning and overall profitability. Download the full white paper from Hilti about the lack of digitization in construction.
Job Order Contracting
SEPTEMBER 14, 2016
The specific Job Order Contract determines a unit price book (UPB) that has a number of unit price line items complete with descriptions and labor, material and equipment costs. is intended to include contractor overhead, profit and any items that reflect the contractor and/or site and/or requirements. via Four BT, LLC – WWW.4BT.US.
Construction Marketing
SEPTEMBER 12, 2011
No wonder recession-hammered companies have been slashing marketing budgets. they spent on marketing, would the marketing budget be under pressure? It means completing ads, mailings, web activity, content, events, and all other individual marketing activities on budget, without added cost due to delays and mistakes.
Construction Marketing Ideas
JULY 5, 2015
If you have spent money on marketing: How much do you spend for an initial lead; how much is a client “worth” (net) immediately and over a lifetime — measured by your net profit/revenue? You can also budget your time and ancillary fees. How many of them can we reasonably expect to win?
Building Information Management
DECEMBER 12, 2016
How to Select a JOC Unit Price Book– WHITE PAPER. The use of location factors, even if applied separated for material, equipment, and labor, can introduced gross errors. Modifiers are important as they add or deduct costs from the “parent” line item based upon variables such as quantity, material qualities, etc.
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