Remove Cash Flow Remove Change Orders Remove Insurance Remove Project Management
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

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur. Technology for Collaboration & Cash Flow.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. 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.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex. STRATEGY |. SOFTWARE |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. 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.

Cash Flow 120