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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. 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. 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. Speed Up Receivables. Use Financing to Provide a Cushion.

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Construction quality management: Everything you need to know

Lets Build

From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. What is construction quality management? Construction quality management is broadly similar to project management. Unexpected site issues or setbacks.

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The most important construction KPIs to improve profits and productivity

Lets Build

It’s also a good idea to keep an eye on the project’s: Number of defects Time to fix defects Rework rate and cost Punch list completion rate More to read: Construction quality management 101: Everything you should know 2. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite.

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The most important construction KPIs to improve profits and productivity

Lets Build

It’s also a good idea to keep an eye on the project’s: Number of defects Time to fix defects Rework rate and cost Punch list completion rate More to read: Construction quality management 101: Everything you should know 2. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite.

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Construction Quality Management 101

Autodesk Construction Cloud

Everything you need to know about construction quality and how to manage it. We’ll take a deep dive into all the ways you can ensure your next construction project excels in quality. Quality in construction means that projects are finished within the guidelines established by the Scope of Work.

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Maximising ROI with construction project execution software

Lets Build

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This can boost productivity and secure your data.