ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement , project management, and the C-suite should all monitor WIP closely. Meaning, they’ve likely paid for most of the materials, labor, and overhead a while back.

Work in Progress 52

Work in Progress Accounting Inventory Budget 52

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. But, procurement, project management, and the C-suite should all monitor WIP closely. Where things get tricky is, construction companies often get paid for the project well after completion.

Work in Progress 40

Work in Progress Accounting Inventory Budget 40

Building Information Management

JULY 27, 2016

Project Delivery. 00 60 00 Project Forms. 00 63 36 Field Order Form. 00 63 46 Construction Change Directive Form. 00 63 49 Work Change Directive Form. 00 63 57 Change Order Request Form. 00 63 63 Change Order Form. Affidavit of Payment of Debts and Claims Form. Payment Bond Form.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

Project Delivery. 00 60 00 Project Forms. 00 63 36 Field Order Form. 00 63 46 Construction Change Directive Form. 00 63 49 Work Change Directive Form. 00 63 57 Change Order Request Form. 00 63 63 Change Order Form. Affidavit of Payment of Debts and Claims Form. Payment Bond Form.

Equipment 40

Equipment Construction Schedule Concrete 40