Viewpoint Construction Technology

APRIL 10, 2018

There’s an industry transformation happening in construction, driven by modern technology, and these changes are significantly elevating construction management. Manual Processes Handcuffing True Construction Management. Getting there just requires finding the right construction-specific tools.

Management 155

Management Viewpoint Construction Software 155

cnstrctr

OCTOBER 17, 2018

Construction is a cut-throat industry, and making your construction business more profitable can be a challenge. Making more money isn’t rocket science, by following our five tips you’ll be increasing your profits in no time! Understanding your competition is key to making your construction business more profitable.

Profitability 60

Profitability Change Orders Construction Schedule 60

Contractor Bookkeeping

JUNE 18, 2012

Construction Change Order Phobia. Several Years Ago - A prospect and his office manager / bad bookkeeper / wealth prevention tool came to our office. Oddly Enough - The office manager / bad bookkeeper / wealth prevention tool was not the least bit concerned about anything. Customer Job Deposits. Progress Invoicing.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

Construction Marketing Ideas

DECEMBER 13, 2015

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.

Change Orders 48

Change Orders Bidding Contract Contractors 48

Pro Builder

APRIL 13, 2021

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders. Bast brings productivity and profitability gains to home builders. I’ve built over 400 homes in BuildTools over the past 10 years and helped make the companies I worked for more productive and profitable along the way,” he says proudly. kcichowicz.

Profitability 52

Profitability Products Software Software 52

Pro Builder

MARCH 24, 2021

BuildTools Provides the Solution for Managing Demanding Clients. But Platinum Homes was losing money on change orders from demanding clients. BuildTools provides a way to document client interactions and remove any gray area, keeping everyone up to date on common points of conflict such as budgets, change orders, and schedules.

Management 52

Management Change Orders Negotiation Dallas 52

Contractor Bookkeeping

MAY 2, 2013

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! It''s A Small Change. In this case the "Hammer" is a change order. You do what you promise and they will pay you, no questions asked and they are the foundation for high profit repeat customers. No law says there has to be change orders.

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48

Lets Build

FEBRUARY 3, 2023

Managing costs, removing waste, and increasing productivity should be top priorities for organisations wanting to overcome rising costs due to construction inflation. And while the bids might look good at first glance, the possibility of costly change orders in the future is much higher.

Construction 148

Construction Materials Risk Management 148

Contractor Bookkeeping

MAY 22, 2013

Construction Change Order Video. This video shows you step by step the Fast Easy Accounting way to work with your Free Construction Change Order Form. We certainly hope this will help you increase construction sales and bottom line profit by getting paid for all the extra work you are doing.

Change Orders 49

Change Orders Contractors Cash Flow Profitability 49

Autodesk Construction Cloud

DECEMBER 31, 2021

Or implementing new safety training to mitigate worker injury risk You can then use that knowledge to anticipate and better manage risk for future jobs. We used profit margin to distinguish between successful and unsuccessful projects,” Keaney clarified. First, they had to define success. “We Next, the team compared apples to apples.

Risk 52

Risk Management Construction Autodesk 52

Construction Business Owner

OCTOBER 14, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. 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.”

Change Orders 120

Change Orders Construction Software Software 120

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. Construction management software is designed to serve different trade contractors including mechanical contractor services.

Software 52

Software Software Contractors Change Orders 52

Viewpoint Construction Technology

APRIL 4, 2017

Large or small, construction jobs can be made easier with the right support system, especially when it comes to management software. Clear communication and transparent project management between contractors, teams, and management make for a smooth workflow and better bottom lines for all involved. Consistent estimating.

Software 130

Software Software Construction Project Management 130

Construction Business Owner

APRIL 26, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Stay on Top of Changes. STRATEGY |. ACCOUNTING |. SOFTWARE |.

Change Orders 120

Change Orders Construction Profitability Software 120

Viewpoint Construction Technology

JANUARY 10, 2018

Delays and change orders are pretty standard, but that doesn’t make them any less stressful for those involved in a project. Construction management software is one type of technology that enables better collaboration, a key part of avoiding those costly project delays and other mishaps.

Software 155

Software Software South Carolina Change Orders 155

Autodesk Construction Cloud

DECEMBER 20, 2021

Top Resources for Construction Project Managers. “If If you’re looking for a relaxing profession, choose construction management.” – said no experienced construction project manager ever. If and when things go wrong, you can bet the manager will be the first to hear about it, and frequently, the first to receive the blame.

Project Management 52

Project Management Management Construction Risk 52

Construction Business Owner

OCTOBER 14, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders. STRATEGY |.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Supply Chain Management Costs. Change Order Management. Job Material Inventory Costs.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Lets Build

JANUARY 20, 2023

And even if it’s mostly controlled chaos, staying on top of everything is challenging for site managers. If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. Construction sites are chaotic.

Site 148

Site Construction Documentation Products 148

Contractor Bookkeeping

JUNE 19, 2013

We are happy to be able to offer free Invoice templates, free Change Order templates and free estimate templates to construction contractors and other business owners to help them grow their sales and profits and have better lives for their families. Change Orders are a huge source of new profit. Click here.

Profitability 48

Profitability Cash Flow Accounting Construction 48

Autodesk Construction Cloud

OCTOBER 26, 2023

Whether it's a bid submitted, an issue reported, or a new change order approved, you're likely sitting on a goldmine of information that can be used to improve efficiency, reduce costs, and make better decisions. By underutilizing their data potential, construction firms are leaving profits on the table—literally.

Construction 98

Construction Profitability Autodesk Risk 98

Construction Marketing

DECEMBER 19, 2019

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. Business management software like ERP is built to handle this—but who can deliver? Though there are many things you need to focus on.

Software 196

Software Software Construction ProCore 196

Construction Business Owner

APRIL 1, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate.

Cash Flow 120

Cash Flow Construction Software Software 120

Contractor Bookkeeping

NOVEMBER 3, 2012

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! Construction company owners who understand Construction Psychology and the need for Business Process Management (BPM) System also know the importance of being process dependent, not people dependent.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Viewpoint Construction Technology

SEPTEMBER 11, 2018

This lack of effective communication and collaboration can be the downfall of a business, especially in the construction industry, where tight deadlines and razor-thin profit margins rule the day. For example, in most construction organizations, a project manager is responsible for ensuring a job stays on budget.

Project Management 131

Project Management Construction Budgeting Budget 131

Building Information Management

JANUARY 15, 2016

The efficient and effective renovation, repair, sustainment, and new construction of facilities, other physical infrastructure and associated life-cycle management require knowledge, capability, transparency, collaboration, and robust business processes.

Management 40

Management Renovating Cash Flow Life Cycle 40

Job Order Contracting

NOVEMBER 17, 2020

If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit). Post award of individual projects, one or more work orders or tasks orders are issues to execute, manage, and complete the project. Thus, coefficient typically range from 1.10 for normal work hours.

Contract 130

Contract Bidding Procurement CSI 130

Autodesk Construction Cloud

JULY 8, 2021

Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. .

Construction 52

Construction Profitability Budgeting Budget 52

Contractor Bookkeeping

JUNE 21, 2012

The Most Popular Method - Designed by investors and developers and shrewd business people who understand the concept of divide and conquer is for contractors to get little or no down payment for a construction project, do all the work, including change orders and then try to collect their money.

Profitability 48

Profitability Contractors Banking Change Orders 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Changes in their operations due to contingencies beyond their control. Poor document management results in overpaying taxes.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Construction Project Manager PMP.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Construction Business Owner

MAY 24, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Free Webinar: Managing Information Overload » Silos: Great for Grain, Not so Great for Business. Tags: construction management , construction operations , Construction Software , project management. STRATEGY |.

Construction 120

Construction Software Software Iowa 120

Levelset

MARCH 11, 2022

And any savings on paper are usually lost mid-way through the project in change orders. In addition, they make less per project and ultimately end up with too little profit, if any, to grow. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. And guess what?

Bidding 98

Bidding Cash Flow Contractors Procurement 98

Viewpoint Construction Technology

OCTOBER 23, 2018

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. Diving Deeper into Construction Data.

Construction 195

Construction Software Software Cash Flow 195

Autodesk Construction Cloud

DECEMBER 18, 2021

The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Construction Business Owner

OCTOBER 20, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. « Some Advice on Change Orders. Last week I had the privilege of attending the annual leadership conference of the Construction Financial Management Association (CFMA). STRATEGY |. ACCOUNTING |. SOFTWARE |. MARKETING |.

CFMA 120

CFMA Construction Software Software 120

Job Order Contracting

DECEMBER 13, 2020

First and foremost is important to understand that all projects are exercises in managing change. The key to consistent delivery of successful projects therefore lies in the ability to account for and/or manage variations as they occur. Senior management failure is the #1 cause of poor project outcomes. Edwards Demming.

Project Management 161

Project Management Capterra Organization Management 161