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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Tracking key KPIs like safety, quality, employees, and performance gives construction companies a better opportunity to analyze their performance. Number of safety meetings/communications.

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Construction quality management: Everything you need to know

Lets Build

Unexpected site issues or setbacks. That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. Supplier and vendor failures. Changes to the scale or scope of client demands. Auditing and testing.

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Construction Business Owner Blogs

Construction Business Owner

Construction Safety. 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. MANAGEMENT |. ACCOUNTING |.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Reducing Risk and Increasing Safety.

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Construction Business Owner Blogs

Construction Business Owner

Construction Safety. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. You can leave a response , or trackback from your own site. MANAGEMENT |.

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