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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

But that is almost always a bad idea. Low Bidding Impacts Contractor Cash Flow. That disrupts your project’s, and your organization’s, cash flow. Cash flow shortages impact performance. Learn more: 12 tips to manage cash flow on construction projects. Separating price and value.

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9 Tips for Starting an Architecture Firm

Levelset

With anything, the idea is often scarier than just doing it. Most architects start their own firms because they want to spend more time being creative and expressing their design ideas. Pay close attention to cash flow. Learn more: An architect’s guide to cash flow. Move past fear. What happens if it fails?

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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. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

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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. This allows you to maximize cash flow without having to pay for additional software (well, unless you’re mailing out paper invoices and waiting for checks to come in). Speed Up Receivables. Use Financing to Provide a Cushion.

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Construction Business Owner Blogs

Construction Business Owner

The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Building Information Modeling (BIM) is no different. Drawings have been used by designers for centuries to communicate ideas to the construction trades. Modeling & Design. Home » Blogs. Back to the game!

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Construction Business Owner Blogs

Construction Business Owner

It got me to thinking – I need to develop a (much simpler) stress test model for my own company. I would challenge you to create simple models that allow you to give your own organization random “stress” tests. I would challenge each of you to examine the basic assumptions that you make about your businesses.

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Why Projects Fail

Job Order Contracting

Throughout the ongoing process, however, all of the following are address and/or improved upon: Who can offer change ideas (informally and formally) Who assesses the impact of the proposed change Who reviews the proposed change and its impact for approval How is the change implemented Documentation of the outcome. CHANGE MANAGEMENT.