Remove Change Orders Remove Construction Remove Profitability Remove Site
article thumbnail

The importance of keeping construction daily logs for every site activity

Lets Build

Construction sites are chaotic. And even if it’s mostly controlled chaos, staying on top of everything is challenging for site managers. Let’s explore the importance of keeping construction and maintenance daily logs of every on-site activity.

Site 148
article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

What do your construction KPIs look like? 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.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The most important construction KPIs to improve profits and productivity

Lets Build

What do your construction KPIs look like? 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.

article thumbnail

How the Pandemic Will Shape the Future of Off-Site Residential Construction

Pro Builder

How the Pandemic Will Shape the Future of Off-Site Residential Construction. Productivity in home construction lags behind almost every other industry, while inefficiencies and waste hurt profits and growth. 3 Reasons Why We Need More Off-Site Construction. Wed, 05/12/2021 - 06:00. Janet Stephenson.

Site 111
article thumbnail

How to survive and overcome inflation and rising construction costs

Lets Build

Arcadis recently released a report about international construction inflation and costs with some interesting findings: Construction companies in both developed and emerging economies are experiencing price increases of over 5%. So what can we do to survive when construction costs are higher than ever?

article thumbnail

The change order challenge: Can things go bad, or right?

Construction Marketing Ideas

Some years ago, in addressing how a successful contractor has managed to maintain a profitable business despite needing to compete in “low bid wins the job” open competitions, the contractor opened up to me with an observation: He wins the jobs because they are rigged in advance. And that happened.

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. That, however, is changing.