Construction Business Owner

APRIL 1, 2011

Equipment Management. Product Spotlight. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

Cash Flow 120

Cash Flow Construction Software Software 120

Autodesk Construction Cloud

SEPTEMBER 19, 2023

This month, we have more than 35 product releases across Autodesk Construction Cloud platform and products, including Autodesk Build, Autodesk BIM Collaborate, Autodesk Takeoff, ProEst, BuildingConnected, Assemble, and BIM 360. At Autodesk, our goal is to help your teams work faster and smarter all year long.

Autodesk 122

Autodesk Products BIM Cash Flow 122

Construction Business Owner

APRIL 26, 2012

Equipment Management. Product Spotlight. 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. Was your initial estimate off? Resource Center.

Change Orders 120

Change Orders Construction Profitability Software 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. A study from McKinsey found that construction productivity only increased by one percent in the past 20 years.

Procurement 63

Procurement Plans Construction Budgeting 63

Construction Business Owner

OCTOBER 10, 2011

Equipment Management. Product Spotlight. Most of all, I learned that workforce management and structuring your company appropriately is one of the biggest challenges contractors face. What I heard is that finding the right person for an estimator and a project manager is crucial to success. Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

Equipment Management. Product Spotlight. « The New Estimating Tool – Superintendents. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software. document management.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

JULY 5, 2011

Equipment Management. Product Spotlight. 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.”. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. A study from McKinsey found that construction productivity only increased by one percent in the past 20 years.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

FEBRUARY 2, 2012

Equipment Management. Product Spotlight. When evaluating estimators, he says, “Business owners should not base estimating success simply on jobs awarded. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 21, 2011

Equipment Management. Product Spotlight. 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. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 137

Construction Software Software Accounting 137

Construction Business Owner

FEBRUARY 17, 2011

Equipment Management. Product Spotlight. Today, new software applications – in job cost accounting, project management, estimating, etc. And costs for construction-specific systems are relatively inexpensive (especially when you factor in improved productivity and efficiency). construction management.

Construction 150

Construction Software Software Accounting 150

Cassell Construction Estimating

JUNE 4, 2009

All our clientele have invested in Timberline, US Cost, Win Estimator, Primavera, OnCenter, Dexter & Chaney, and in some cases more than one of the above. Our commitment is expertise with those systems, to help our customers get maximum efficiency and productivity from that investment. We’re staying busy.

Montana 100

Montana Hawaii Bidding Cash Flow 100

Construction Business Owner

JANUARY 5, 2012

Equipment Management. Product Spotlight. There are fewer projects to bid and what projects are available are being bid by more people. 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. construction management.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

NOVEMBER 17, 2011

Equipment Management. Product Spotlight. 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. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 137

Construction Software Software Equipment 137

Construction Business Owner

OCTOBER 14, 2011

Equipment Management. Product Spotlight. Yet it’s a surprisingly common practice for business owners to bid at losses, and when I ask them how they plan to come out in the black on the other side of these projects, the nearly universal answer is “We’ll make it up in change orders.” construction management.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

APRIL 12, 2012

Equipment Management. Product Spotlight. 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. Doing so will ensure that your company always has the credentials it needs to do the project.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

MARCH 29, 2012

Equipment Management. Product Spotlight. The construction site as an assembly site reduces coordination errors, and costs, which is why more owners are requesting that their projects be developed using BIM. Project Collaboration. The estimator might ask – “How many cubic yards of concrete does this deck require?”

Construction 120

Construction BIM Software Software 120

Contractor Bookkeeping

JULY 27, 2012

Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. BPM – Business Process Management for construction company owners to grow passive income streams.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Construction Business Owner

APRIL 4, 2011

Equipment Management. Product Spotlight. 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. construction management.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

JANUARY 6, 2022

Moreover, “Progress is hampered by poor coordination between trades, incomplete drawings and specifications, and underfunding by the owner that slows cash flow and causes further conflict and delay. Collaboration between design and estimating is key. Doug Heinrich, Estimating Director at Mortenson, echoed this experience.

Construction 52

Construction Estimating Design Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

WIP figures refer to products that are part-way through the production or assembly process. 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. Well, not exactly.

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Construction Business Owner

JANUARY 4, 2011

Equipment Management. Product Spotlight. 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. Committing Intentional Project Communications. Better Project Management through Better Communication.

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

ProcurementExpress.com

JANUARY 2, 2019

WIP figures refer to products that are part-way through the production or assembly process. 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. Well, not exactly.

Work in Progress 40

Work in Progress Accounting Inventory Budgeting 40

Contractor Bookkeeping

AUGUST 13, 2014

Knowledge Leads To Profits And Cash Flow. 02:00 PM Until Quitting Time - Is when Henry will screw something up, get careless, get hurt and require medical attention, (Ca-ching $$$, Labor and Industries investigation, ca-ching $$$) or if you are lucky his afternoon production will be roughly 80% of his morning production.

Contractors 48

Contractors Accounting Profitability CA 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. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

Contractor Bookkeeping

JANUARY 2, 2015

If you are thinking of doing your own construction bookkeeping think again, your time is more valuable in managing your business, getting customers and keeping them happy. 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.

Construction 48

Construction Insurance Accounting Claims 48

Viewpoint Construction Technology

APRIL 2, 2019

The cloud is making construction management much simpler, productive and profitable. Amazingly, there are still a large number of contractors that have not taken advantage of recent software and technology advancements like cloud computing and integrated construction management software platforms. Benefits of Updates.

Construction 214

Construction Software Software Viewpoint 214

Autodesk Construction Cloud

DECEMBER 2, 2021

A cost management plan helps keep a job on budget. Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors. The Pitfalls of Poor Cost Management in Construction.

Management 52

Management Change Orders Construction Budgeting 52

Autodesk Construction Cloud

FEBRUARY 9, 2022

And if you’re intent on boosting productivity, accelerating adoption of digital tools, and upping your bottom line, our latest integrations may help you get there. . Billd allows you to take complete control of your cash flow and run your business on your terms. Not anymore. what3words.

Autodesk 98

Autodesk Construction BIM Safety 98

Autodesk Construction Cloud

AUGUST 12, 2021

But the latest innovations in construction project management software provide an exciting level of financial clarity—especially useful to connect project finances to accounting decision-makers. Outside of a major project roadblock, all aspects of a construction project are moving forward simultaneously.

Accounting 52

Accounting Software Software FASB 52

Autodesk Construction Cloud

JUNE 10, 2022

It leaves people out of the loop, creates communication gaps and hampers productivity. Since there are so many teams involved in this stage, the problem is rampant in many projects. Whether it’s bidding, estimation, or qualifying subcontractors, there are a few too many cooks in the kitchen. Submittals.

Construction 52

Construction Management BIM Project Management 52

ProcurementExpress.com

APRIL 15, 2019

According to McKinsey , the lion’s share of spending is going toward back-office technology like SaaS products or cloud computing, as well as building and modeling software. If teams can purchase partially constructed components in advance, they could complete projects in less time. 3D Printing and Procurement. Wrapping Up.

Procurement 52

Procurement Construction BIM Modeling 52

Autodesk Construction Cloud

JANUARY 31, 2022

I’ve been referring to these as the three Ps: people, prices, and productivity. Demanding data-enriched processes and systems for our projects and built assets. Encouraging product and platform thinking across project teams. ” – Alex Turner , Group BIM Manager at Oktra.

Construction 97

Construction Autodesk BIM Modeling 97

ProcurementExpress.com

APRIL 15, 2019

According to McKinsey , the lion’s share of spending is going toward back-office technology like SaaS products or cloud computing, as well as building and modeling software. If teams can purchase partially constructed components in advance, they could complete projects in less time. 3D Printing and Procurement. Wrapping Up.

Procurement 40

Procurement Construction BIM Modeling 40

Autodesk Construction Cloud

JANUARY 11, 2024

According to Deloitte , AI and advanced data analytics technology could bring cost savings of 10% to 15% for construction projects. AI applications may include advanced project management tools, predictive analytics for risk assessment, and optimization of construction processes. billion by 2032. We live in interesting times."

Construction 137

Construction Industrial Modeling Autodesk 137