Construction Business Owner

NOVEMBER 8, 2011

Resource Center. « The New Estimating Tool – Superintendents. Place your best talents and resources on your greatest opportunities, and don’t be afraid to obsess with continually improving and being the best. change orders. Accounting & Finance. Construction Law. People Management. Green Building.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

JULY 5, 2011

Resource Center. 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

Construction Business Owner

OCTOBER 10, 2011

Resource Center. 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. Accounting & Finance. Construction Law. People Management. Green Building.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Resource Center. In fact, I often wonder how smaller construction businesses with tighter margins can compete with the gigantic firms who have unlimited resources. When evaluating estimators, he says, “Business owners should not base estimating success simply on jobs awarded. change orders. Construction Law.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 21, 2011

Resource Center. 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. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. August 2008.

Construction 136

Construction Software Software Accounting 136

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

Resource Center. 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. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

JANUARY 5, 2012

Resource Center. 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. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

NOVEMBER 17, 2011

Resource Center. 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. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction 136

Construction Software Software Equipment 136

Construction Business Owner

FEBRUARY 17, 2011

Resource Center. Today, new software applications – in job cost accounting, project management, estimating, etc. change orders. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory.

Construction 149

Construction Software Software Accounting 149

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. Causes related to human resource capability. 40-50% work is either rework or not “value-added work.” Edwards Demming.

Project Management 161

Project Management Capterra Organization Management 161

Construction Business Owner

MARCH 29, 2012

Resource Center. The estimator might ask – “How many cubic yards of concrete does this deck require?” change orders. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. January 2009.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

APRIL 4, 2011

Resource Center. 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. Accounting & Finance. Construction Law.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 4, 2011

Resource Center. 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. Accounting & Finance. Construction Law. Green Building.

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

Contractor Bookkeeping

JUNE 15, 2012

Estimating Process - There is no one right answer. You can develop your own estimating and pricing process or you can use something like UDA. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Payment Terms - Should need to add positive cash flow.

Contractors 48

Contractors Insurance Claims Lien 48

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.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 20, 2014

Estimating Process - There is no one right answer. You can develop your own estimating and pricing process or you can use something like UDA. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. Payment Terms - Should need to add positive cash flow.

Insurance 48

Insurance Construction Accounting Claims 48

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. This makes it easier to track budgeted resources, committed funds, and actual money spent.

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

JUNE 10, 2022

And it’s why we prioritize tasks that build on one another, to minimize waiting and wasting resources. Whether it’s bidding, estimation, or qualifying subcontractors, there are a few too many cooks in the kitchen. The attempt to recover or make sense of incomplete data can lead to errors, rework, and wasted resources.

Construction 52

Construction Management BIM Project Management 52

Autodesk Construction Cloud

AUGUST 12, 2021

Be sure to include a buffer for unforeseen labor costs in your estimates. At which point, identify your equipment supplier rates and multiply by the estimated length of the project or time needed with that particular asset. Don’t forget to include insurance, worker’s compensation, and taxes into the figure. More on that below.

Accounting 52

Accounting Software Software FASB 52

Autodesk Construction Cloud

NOVEMBER 12, 2022

Three times as many contractors (compared to owners) want to improve their future estimates. For example, contractors note improving cash flow as a top need. Owners are most interested in dynamically tracking budgets and using field data for forecasting. Twice as many want to benchmark cost performance.

Forecasting 52

Forecasting Construction Budgeting Budget 52

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Cost Estimating Blog. Besides the project management software also generates executive level reporting for a single job or across all projects, field administration like punch list tracking and daily report logs, change order management and purchase order management. adsense analytic. Project Administrator.

Project Management 40

Project Management Software Software Accounting 40

Autodesk Construction Cloud

NOVEMBER 12, 2021

When measuring cost management success, respondents indicated that they use the following three metrics most frequently: Turnaround time on processing change orders/variations. Three times as many contractors (compared to owners) want to improve their future estimates. Achieving expected profit margin.

Management 52

Management Forecasting Construction Budgeting 52