article thumbnail

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.

article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Construction quality management: Everything you need to know

Lets Build

Unexpected site issues or setbacks. 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. Poor construction methods, materials, or management can harm safety levels while lowering the anticipated lifespan of completed buildings.

article thumbnail

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 |.

Cash Flow 120
article thumbnail

How Has Covid Affected the Construction Industry?

Lets Build

More stringent safety and work procedures have been introduced by many businesses, with legislation likely to follow. While on-site construction personnel are largely working as before, architects, accountants, and marketing staff are increasingly working remotely. There’s been greater adoption of flexible work schedules.

article thumbnail

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.