Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Home » Blogs.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

MARCH 29, 2012

Drawings have been used by designers for centuries to communicate ideas to the construction trades. Until recently, those drawings were produced by hand, but in the last 25 years or so, computers have become the primary tool people use to produce construction documents. Project Collaboration. construction management.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

FEBRUARY 2, 2012

These did not show up on the drawings. In addition to the initial question, there is usually additional correspondence, drawings, sketches, submittals, email discussions, sub and vendor input, design team input, owner input, pricing and other information, which, can be quite a pile of “stuff” to keep track of. construction management.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

FEBRUARY 16, 2012

Each of these team members has a vested interest in receiving information about the project and, in return, contributing their expertise to the project. A lot of this communication revolves around the project documentation. Committing Intentional Project Communications. construction management. document management.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

DECEMBER 1, 2011

To begin a discussion of cloud computing, let’s draw some analogies from the world of public utilities. To draw an analogy, imagine a situation in which individuals connected their own personal power generators to create a shared power grid. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction accounting who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. We know what to do!

Contractors 48

Contractors Accounting Banking Profitability 48

Autodesk Construction Cloud

JANUARY 6, 2022

The benefits of collaboration may include fewer changes and rework, a higher likelihood of an on-time delivery, higher profits, fewer wasted materials, and other important positives. Each member of the construction team is forced to compete with the others to earn a reasonable profit; delays, conflicts, and disputes are common.”.

Construction 52

Construction Estimating Design Budgeting 52

Contractor Bookkeeping

SEPTEMBER 27, 2013

You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) Does this sound familiar? and not in Cost of Goods Sold (COGS) or Expenses.

Banking 48

Banking Change Orders Accounting Cash Flow 48

Autodesk Construction Cloud

DECEMBER 18, 2021

As the days pass and your project draws to a close, you’re ready to chalk this one up as a success and prepare for your next challenge. However, 77% of projects experience some form of schedule overrun , so a project that is on pace to finish on time is a cause for celebration. Not so fast. The reverse bell curve.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Autodesk Construction Cloud

SEPTEMBER 1, 2022

Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. Knowing which general construction contract to use and when to use one is vital to a successful project, your customers’ satisfaction, and your profits. Plus, you know you’ll incur a profit.

Contract 98

Contract Maine Construction Agreement 98

Construction Business Owner

MAY 10, 2012

Common repetitive tasks such as time entry, drawing logs, punch lists, safety records – I could go on – lend themselves to the ease-of-use and intuitive interfaces provided by the app. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

Construction 120

Construction Software Software Accounting 120

Civil Lead

APRIL 22, 2020

Material cost is almost 60 to 70 % of the house and when you give a material contract the contractor will add his profit on all material cost which may be between 7 to 15 % and it will increase the cost of the house by almost 5 to 10 %. Hence he has to manage and plan the fund from the beginning that is day one the cash flow has to be strong.

Contract 52

Contract Materials Housing Bargains 52

Viewpoint Construction Technology

APRIL 16, 2019

Using software that allows for real-time collaboration, questions get answered quickly, fewer mistakes are made and work is completed quicker, ensuring that projects are more profitable. The financial team can bill quicker, get paid faster and keep cash flow on projects fluid, all while saving time.

Software 130

Software Software Organization Construction 130