Construction Business Owner

NOVEMBER 3, 2011

Product Spotlight. Being the Best » The New Estimating Tool – Superintendents. Gregg is a consultant with FMI and specializes in the areas of productivity and project management. Estimating departments have added a new tool to their repertoire – superintendent and foremen input. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

Product Spotlight. « The New Estimating Tool – Superintendents. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

JULY 5, 2011

Product Spotlight. However, estimates show in order to properly maintain the current system and expand it to meet future needs, we need to invest $225 to $340 billion annually.”. AEM estimates that 35,000 jobs—many of which are in construction— are created every time $1 billion is invested in our infrastructure.

Construction 120

Construction Software Software Accounting 120

Building Information Management

JANUARY 15, 2016

Any large build portfolio owner who doesn’t have the ability to strategically plan, construction cost estimate, review contractor bids, conduct mutual site walks, monitor construction project in a transparent and consistent manner, etc. It’s time for change. is simply not doing their job. The must be capable.

Management 40

Management Renovating Cash Flow Life Cycle 40

Construction Business Owner

OCTOBER 10, 2011

Product Spotlight. What I heard is that finding the right person for an estimator and a project manager is crucial to success. In the meantime, what do you think makes a strong PM or estimator and how do you hire A players? change orders. productivity. Equipment Management. Resource Center. Ask the Expert.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Product Spotlight. When evaluating estimators, he says, “Business owners should not base estimating success simply on jobs awarded. In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 21, 2011

Product Spotlight. Or maybe your accounting is solid, but your estimating is done using spreadsheets and it’s time to look into a trade-specific estimating program. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect.

Construction 137

Construction Software Software Accounting 137

Construction Business Owner

FEBRUARY 17, 2011

Product Spotlight. Today, new software applications – in job cost accounting, project management, estimating, etc. And costs for construction-specific systems are relatively inexpensive (especially when you factor in improved productivity and efficiency). change orders. productivity. Equipment Management.

Construction 150

Construction Software Software Accounting 150

Construction Business Owner

JANUARY 5, 2012

Product Spotlight. One way to bid more work, without giving your estimator a quick trip to the funny farm, is to identify additional sources of project bid lists. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

NOVEMBER 17, 2011

Product Spotlight. This in turn lets the estimators use equipment rates that are spot on when estimating forthcoming work, which helps to get new work, and bring that work in profitably. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.

Construction 137

Construction Software Software Equipment 137

Autodesk Construction Cloud

JULY 8, 2021

Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. .

Construction 52

Construction Profitability Budgeting Budget 52

Construction Business Owner

APRIL 12, 2012

Product Spotlight. And, just last week, the United States Green Building Council published a report that estimates from 2009-2013 the green building industry will support 8 million jobs throughout the economy. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory.

Construction 120

Construction Certification Green Software 120

Contractor Bookkeeping

JUNE 19, 2013

We are happy to be able to offer free Invoice templates, free Change Order templates and free estimate templates to construction contractors and other business owners to help them grow their sales and profits and have better lives for their families. Change Orders are a huge source of new profit. Click here.

Profitability 49

Profitability Cash Flow Accounting Construction 49

Construction Business Owner

MARCH 29, 2012

Product Spotlight. The estimator might ask – “How many cubic yards of concrete does this deck require?” change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Publications.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

APRIL 4, 2011

Product Spotlight. It is up to us, the contractor, to shape the message effectively and communicate to the client what the building will cost, an estimated time line to completion and any inherent issues that need to be addressed as early in the project as possible. change orders. productivity. Resource Center.

Construction 120

Construction Software Software Accounting 120

Job Order Contracting

DECEMBER 13, 2020

Research has readily demonstrated the correlation between the maturity level of an organization and project failure, i.e. excessive time spent upon change orders/rework, budget overruns, and overall client and/or participant dissatisfaction with outcomes. ORGANIZATIONAL MATURITY. 2006, Gibson, et al, 1994, Haley).

Project Management 161

Project Management Capterra Organization Management 161

ProcurementExpress.com

JANUARY 2, 2019

WIP figures refer to products that are part-way through the production or assembly process. 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. That’s accounting’s job, right? Well, not exactly. Final Thoughts.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Construction Business Owner

JANUARY 4, 2011

Product Spotlight. When I started working in the industry we still used payphones to call the office from the “field” We used paper estimates, a calculator and copy machines. Field changes and conditions were scribbled on note pads. change orders. productivity. Equipment Management. foundation.

Construction 120

Construction Software Software US 120

Construction Cost Estimating

APRIL 25, 2019

Sage Estimating Sage Estimating can significantly accelerate the estimating process for several construction firms. As soon as the project is procured, estimate details flow automatically into Sage business management software, removing unnecessary tasks and data entry errors.

Bidding 40

Bidding Estimating Software Software 40

ProcurementExpress.com

JANUARY 2, 2019

WIP figures refer to products that are part-way through the production or assembly process. 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. That’s accounting’s job, right? Well, not exactly. Final Thoughts.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Autodesk Construction Cloud

DECEMBER 2, 2021

This can affect everything from the bidding process to change order management, your team’s efficiency, and ultimately, your bottom line. Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors.

Management 52

Management Change Orders Construction Budgeting 52

Contractor Bookkeeping

JANUARY 2, 2015

Estimating Process - There is no one right answer. You can develop your own estimating and pricing process or use a software estimating program like UDA. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Is a process that never stops.

Construction 48

Construction Insurance Accounting Claims 48

Autodesk Construction Cloud

MAY 5, 2023

With Agave, you can: Read data from Autodesk Construction Cloud, including projects, RFIs, companies, users, locations, contracts, and change orders. Write data to Autodesk Construction Cloud; this includes change orders, observations, and coordination issues.

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

AUGUST 12, 2021

Instead of operating from a fixed location with a fixed set of products or services, construction projects rely on a range of locations, materials, and services. Purpose-built construction accounting software can help to automate this process and meet the need for multiple service or product categories. More on that below.

Accounting 52

Accounting Software Software FASB 52

Autodesk Construction Cloud

JUNE 10, 2022

It leaves people out of the loop, creates communication gaps and hampers productivity. Whether it’s bidding, estimation, or qualifying subcontractors, there are a few too many cooks in the kitchen. For instance, a typical construction project can have dozens of change orders.

Construction 52

Construction Management BIM Project Management 52