Remove Cash Flow Remove Change Orders Remove Project Management Remove Work in Progress
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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Project Management Tips. Written Contract.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement , project management, and the C-suite should all monitor WIP closely. That’s accounting’s job, right?

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement, project management, and the C-suite should all monitor WIP closely. That’s accounting’s job, right?

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Construction Business Owner Blogs

Construction Business Owner

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. Technology for Collaboration & Cash Flow.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly.

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Construction Business Owner Blogs

Construction Business Owner

Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully. Remember that your leverage is strongest before the project is finished. Was your initial estimate off?

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. No two projects look the same, and even the best-prepared estimates give contractors and clients only a partial picture of the actual scope of work and the costs involved. Process Change Orders Quickly.