Construction Business Owner

NOVEMBER 15, 2021

Put your most valuable employees back to work by automating manual change order processes. Despite so many other advancements in the construction industry, the traditional change order process is still one of the biggest headaches in commercial construction. Rotator Image. Status of webinar Featured. Greg Seldon.

Change Orders 349

Change Orders Risk Virgin Islands Puerto Rico 349

Job Order Contracting

AUGUST 20, 2023

Define estimate’s purpose ■ Determine estimate’s purpose, required level of detail, and overall scope; ■ Determine who will receive the estimate Develop estimating plan ■ Determine the cost estimating team and develop its master schedule; ■ Determine who will do the independent cost estimate; ■ Outline the cost estimating approach; ■ Develop the estimate (..)

Estimating 217

Estimating CSI Life Cycle Construction 217

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins.

Construction 148

Construction Materials Risk Management 148

cnstrctr

FEBRUARY 18, 2019

Construction Management is a form of contract within the construction industry that is used throughout the world. Any scope that changes outside of the “contract documents” the contractor submits a quotation for a change order. Under a construction management things change slightly.

Management 60

Management Construction Industrial Contract 60

Autodesk Construction Cloud

DECEMBER 6, 2023

Aside from lacking industry-specific capabilities, they don't allow multi-stakeholder collaboration. Teams often have to rely on separate tools to manage tasks like RFIs, daily submittals, and change orders, leading to disconnected processes. In order to create a seamless experience, we need a connection to our ERP.

Autodesk 98

Autodesk Management Construction Accounting 98

Autodesk Construction Cloud

JUNE 8, 2023

The famous Aristotle quote that goes, “Well begun is half done,” rings very true in the construction industry. Because preconstruction offers the biggest opportunity to de-risk a project. This, in turn, leads to improved accuracy in project estimates , proactive risk management, and more effective resource allocation.

Profitability 98

Profitability Bidding Estimating Risk 98

Job Order Contracting

MAY 9, 2017

As a real proper owner, facilities management professional, or construction contractor, is important to review internal policies, procedures and controls with respect to your JOC Program and Estimating Construction Costs for Job Order Contracts : Are there areas of risk and/or compliance issues? Elimination of legal disputes.

Estimating 100

Estimating Contract Change Orders Construction 100

Autodesk Construction Cloud

OCTOBER 28, 2021

Every year, Autodesk University (AU) brings industry knowledge to light, leaving construction professionals from across the globe with a wealth of actionable insights. Jump to industry learning: Great decisions require access to great data. trillion in global construction industry costs in 2020. That includes $88.69

Autodesk 52

Autodesk Industrial Construction BIM 52

Green Building Law Update

APRIL 4, 2021

Not to mention there is anecdotal evidence from the first LEED Zero projects that the required integrated process has reduced change orders by a magnitude of up to 90% resulting in dramatic reduced total construction costs. they appear to be paying the same mortgage interest rates as similar conventional buildings in those markets.

Green 293

Green Debt Security Commercial 293

Viewpoint Construction Technology

OCTOBER 23, 2018

Data analytics and business intelligence have become hot topics in construction as firms are seeing the benefits other industries are realizing. The industry as a whole is looking for ways to help contractors get smart about data. Reducing Risk and Increasing Safety. All contractors should track data related to safety issues.

Construction 226

Construction Software Software Cash Flow 226

Viewpoint Construction Technology

FEBRUARY 14, 2018

Despite its benefits, however, BIM adoption isn’t as widespread in construction as some might think, according to recent industry findings. The 2017 report found the industry hasn’t made much progress in this regard. construction industry isn’t dedicating as much time and energy to BIM adoption as it could be.

BIM 189

BIM Contractors Software Software 189

Viewpoint Construction Technology

APRIL 23, 2019

The biggest challenge in the construction industry today is labor. The recession triggered more than a decade ago left its mark on the industry, as many skilled workers laid off during the downturn left to take jobs in other industries. Rushing from project to project is inefficient, and risks cutting corners.

Construction 218

Construction Software Software Estimating 218

Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 5 Reasons to Use Mechanical Contractor Software. Mon, 04/19/2021 - 06:00. The same is true for mechanical contractors. Building Software.

Software 52

Software Software Contractors Change Orders 52

Fieldwire

AUGUST 6, 2023

As unplanned work and change orders creep into your project scope, the cost can easily go out of control if it is not managed closely. Scheduling conflicts and missed deadlines can lead to contractors inadvertently cutting corners in order to catch up. For this reason, risk management is a top priority for project managers.

Project Management 98

Project Management Management Construction Budgeting 98

Job Order Contracting

FEBRUARY 6, 2019

Improved satisfaction of building users Regulatory compliance Best value procurement Faster project procurement and delivery times Virtual elimination of legal disputes and change orders Adherence to LEAN construction delivery methods and processes Continuous improvement Key performance indicators / metrics Full audit trail Selection of vetted quality (..)

Procurement 100

Procurement Renovating Change Orders Overhead 100

Construction Business Owner

OCTOBER 14, 2011

Industry News. Industry Statistics. Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Lets Build

JANUARY 20, 2023

Skipping these logs increases your risk of a small issue becoming a massive one because no one documented it. Identify and reduce delays A lack of communication and collaboration is a huge problem in the construction industry, causing projects to go over budget and miss deadlines.

Site 148

Site Construction Documentation Products 148

Viewpoint Construction Technology

APRIL 10, 2018

Although historically the construction industry has been slow to go digital , times are changing. There’s an industry transformation happening in construction, driven by modern technology, and these changes are significantly elevating construction management. As companies grow, their overhead expenses can also grow.

Management 178

Management Viewpoint Construction Software 178

Construction Business Owner

APRIL 5, 2012

Industry News. Industry Statistics. Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. First, they understand risk.

Risk 120

Risk Insurance Construction Software 120

Autodesk Construction Cloud

JUNE 10, 2022

At the job’s core, a project manager is responsible for managing changes on a project level. Change orders are the most time consuming and tangible factors that can affect a job and the whole outcome of a project. But it’s not just change orders. Workforce Shifts.

Project Management 98

Project Management Management Construction Change Orders 98

BD+C

AUGUST 28, 2023

Rebekah Schranck, AIA Contractors Designers / Specifiers / Landscape Architects Architects Building Owners Construction Administration presents its fair share of challenges in the architectural industry, from managing clients' change of heart in the midst of construction to dealing with contractors that are reluctant to revise their work.

Construction 81

Construction AIA Architecture Contractors 81

Construction Marketing

DECEMBER 19, 2019

A newer player to the construction industry, Acumatica Construction Edition has long featured all the pieces that construction firms need, recently packaging the product into its incredibly powerful Construction Edition. It serves mid-sized to large specialty, utility, and industrial contractors in the construction and engineering industries.

Software 200

Software Software Construction ProCore 200

Construction Business Owner

DECEMBER 6, 2011

Industry News. Industry Statistics. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. change orders.

Construction 195

Construction Software Software Accounting 195

Autodesk Construction Cloud

JANUARY 17, 2022

The term originally comes from the shipbuilding industry—once commissioned, a ship is considered ready to operate. . According to Whole Building Design Guide, “Buildings that are properly commissioned typically have fewer change orders , tend to be more energy-efficient, and have lower operation and maintenance cost.”

Commissioning 84

Commissioning Documentation Autodesk Change Orders 84

Autodesk Construction Cloud

JANUARY 7, 2022

During construction, specifics are everything and failure to communicate specifically could create massive change orders, cost overruns and schedule delays, which can negatively impact your bottom line. Architectural specifications help encourage the correct execution of the design plan and reduce risk. Why Are Specs Important?

Construction 52

Construction Documentation Risk Change Orders 52

Autodesk Construction Cloud

APRIL 13, 2023

Viewed as best-in-class in the construction industry, SQUARE are committed to professional excellence that meets and exceeds clients’ expectations with a delivery promise centred around delivering flawless results. Step two for the team was to prepare a budget and to identify and account for all costs associated with the project.

Autodesk 98

Autodesk Management Engineering Accounting 98

Autodesk Construction Cloud

NOVEMBER 15, 2021

Best practices for handling change orders. A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” .” The shifting of risk and liabilities is a very common practice when drafting contracts.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Viewpoint Construction Technology

APRIL 17, 2018

All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint. The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind.

Accounting 189

Accounting Contract Viewpoint Cash Flow 189

cnstrctr

JULY 1, 2019

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Changes – identify changes by a reference number, status of them and the value. Identify if they have been issued by consultant, quoted or if a change order has been issued and fully executed.

Cash Flow 60

Cash Flow Forecasting Construction Contract 60

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk 92

Risk Construction Schedule Contractors 92

Autodesk Construction Cloud

OCTOBER 19, 2022

Learn more about common industry challenges and how to expand on new ways of working with technology. Change can be difficult in this industry, but becoming more efficient is critical for success. We’ve seen progress in the construction industry by using highly collaborative workflows and out-of-the-box thinking.

Autodesk 52

Autodesk Construction Estimating Boston 52

PSMJ Resources

SEPTEMBER 12, 2011

Good Project Management is Good Risk Management. Most risks are foreseeable and responsive to thoughtful project management. • Risk reduction by any means is usually superior to any management scheme. • React to change in real time. Managing Risk in Public Works. Experience the project first hand.

Project Management 40

Project Management Risk Resource Management 40

Autodesk Construction Cloud

FEBRUARY 1, 2022

Although construction and car services are two very different industries, the same sentiments are valued; the journey is just as important as the end result. By choosing the right one for your project, overall risk can be reduced, and budget and schedule can be better managed. No one model is perfect; all have benefits and drawbacks.

Risk 52

Risk Schedule Design Budgeting 52

Pro Builder

MAY 12, 2021

Productivity in home construction lags behind almost every other industry, while inefficiencies and waste hurt profits and growth. Yet, even prior to the pandemic, the housing industry faced deep-rooted, systemic challenges. The construction industry is massive, representing 13% of global GDP. Wed, 05/12/2021 - 06:00.

Site 111

Site Residential Construction Accidents 111

Autodesk Construction Cloud

DECEMBER 3, 2021

It’s safe to say that cost overruns in construction projects have become an industry-wide status quo. However, with construction budgets being scrutinized more so than ever and overall industry productivity remaining a constant concern, construction professionals can’t really afford to accept the new normal.

Budgeting 52

Budgeting Budget Construction Software 52

Pro Builder

MARCH 29, 2022

Talented people are either leaving or avoiding the home building industry. As an industry, we are not doing a great job of retaining purchasing talent. I know; I have trained a lot of people over the years, half of whom have used their newfound knowledge to leave the industry, seeking other opportunities. Tony Callahan.

Industrial 98

Industrial Management Schedule Resource 98

Viewpoint Construction Technology

APRIL 4, 2017

Web-based software has changed the face of the construction industry. Detailed take-offs and bids, referencing historical data and experience, calculating the scope of a project and more in an efficient and consistent manner lessens the risk of incurring a loss on the job. Accurate job costing.

Software 130

Software Software Construction Project Management 130