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The most important construction KPIs to improve profits and productivity

Lets Build

The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite. Cash flow Cash isn’t king – cash flow is.

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The most important construction KPIs to improve profits and productivity

Lets Build

The most important construction KPIs indirectly relate to profit by looking at things like labour productivity, worker safety, and quality control. Health and safety Prioritising on-site safety brings both short- and long-term benefits to the jobsite. Cash flow Cash isn’t king – cash flow is.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . Formula: Cash on Hand / (Operating Expenses – Depreciation) / 365 Days .

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Mast climbing specialist falls into administration

Construction Enquirer

Interpath said historically the company enjoyed a strong order book, with a number of successful large-scale projects across the United Kingdom, over recent years it had been faced with “significant operational, health & safety and financial challenges, which resulted in trading losses and significant cash flow pressure.”

Cash Flow 108
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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 |.

Cash Flow 120
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Construction quality management: Everything you need to know

Lets Build

If it’s a new situation, it may be necessary to devise workarounds to issues as diverse as legal risks, worker training, or cash flow concerns. Few industries have as many risk factors as construction or the same value attached to safety protocols (crane operation, fire regulations, scaffolding assembly, etc).

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9 Tips for Starting an Architecture Firm

Levelset

Although it may feel like you are taking a step on a tightrope with no safety net below, the fear will remain until you act. Pay close attention to cash flow. Architects live or die by their ability to manage cash flow — it’s the primary reason why businesses in the construction industry fail. Don’t moonlight.