article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

Investing in quality means you have to make fewer changes during the project—it saves time, it saves money, it saves headaches. No one wants a project full of change orders and rework. Investing in health and safety lowers the frequency of unexpected costs, like expensive insurance payments and lost time.

article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

Investing in quality means you have to make fewer changes during the project—it saves time, it saves money, it saves headaches. No one wants a project full of change orders and rework. Investing in health and safety lowers the frequency of unexpected costs, like expensive insurance payments and lost time.

professionals

Sign Up for our Newsletter

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

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. Because change is difficult.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. If you’ve ever spent more than a few minutes searching for approved change orders or time cards, you’ll quickly realize the advantages of this type of system.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. Learn how better change order management and forecasting can help prevent profit fade. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.

Cash Flow 120