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How The Cloud Is Enabling Smarter Project Management—Part 4 of 5

Viewpoint Construction Technology

Editor’s Note: This is Part 4 of a five-part series on Construction Project Management. Over the past three weeks, we’ve looked at complex construction projects, the people that run them and the technology tools they use. More and more contractors are moving their operations to the cloud. Why is that important?

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. 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. That’s accounting’s job, right?

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. 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. That’s accounting’s job, right?

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. But when it comes to back-office technology, too many firms rely exclusively on elbow grease and hope—definitely not a strategy that works.

Software 200
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully. STRATEGY |.

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Job Order Contracting – Recommended Best Practices

Job Order Contracting

The following, Job Order Contracting – Recommended Best Practices, have been compiled from numerous independent third party audits of JOC Programs as well as decades of experience. Assure fair owner/contractor negotiations occur for all individual projects in order to assure quality and timely work at fair and reasonable prices.

Contract 100
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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Project Management Tips. Cash flow issues can be addressed in the contract, but Tracy also recommends better project management as a way to improve cash flow. Monitor work-in-progress reports, cash flow reports and other documents to spot cash flow issues while there’s still time to do something about them.