Lets Build

JANUARY 20, 2023

Daily reports are how everyone involved in the project tracks progress , performance, and productivity. Your construction and maintenance daily log is crucial for: Protecting against disputes Tracking on-site activities Keeping stakeholders in the loop Improving productivity Minimising delays 1.

Site 148

Site Construction Documentation Products 148

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

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. 2) Time & Productivity Management. The same is true for mechanical contractors. 3) Estimating. Building Software. Software + Apps.

Software 52

Software Software Contractors Change Orders 52

Construction Business Owner

OCTOBER 14, 2011

Product Spotlight. 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.” Yes, change orders are nearly inevitable.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

APRIL 26, 2012

Product Spotlight. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line.

Change Orders 120

Change Orders Construction Profitability Software 120

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

Viewpoint Construction Technology

APRIL 10, 2018

Contractors are finding ways to modernize their businesses with software that improves productivity and mitigates risks, while increasing their bottom line. The industry’s slow adoption of construction software has traditionally hindered contracting companies’ productivity. Manual Processes Handcuffing True Construction Management.

Management 155

Management Viewpoint Construction Software 155

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. Change Order Management. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. Job Scheduling.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Construction Business Owner

OCTOBER 14, 2011

Product Spotlight. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Job Order Contracting

NOVEMBER 17, 2020

Labor for each construction task described in a line item is based upon local prevailing wages (or Davis-Bacon Wage Rates as determined by the contract/client), materials, and equipment rates, associated crews, and productivity. If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit).

Contract 130

Contract Bidding Procurement CSI 130

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. Connecting a variety of processes, this product was built for manufacturing growth and offers construction-focused customization. Epicor ERP.

Software 196

Software Software Construction ProCore 196

Construction Business Owner

APRIL 1, 2011

Product Spotlight. 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. change orders. productivity. Equipment Management.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

OCTOBER 23, 2018

Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. Here are just a few of the key benefits: Improving Jobsite Processes and Productivity. Diving Deeper into Construction Data. Bidding Smarter and Winning More Work.

Construction 195

Construction Software Software Cash Flow 195

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. Contractor''s Business Round Table Reduces Profits.

Profitability 48

Profitability Construction Accounting Cash Flow 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 scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Lets Build

DECEMBER 16, 2022

The success of any construction project relies on scheduling, costs, and the quality of the finished product. Defects due to omission are typically fixed through change orders that add to the scope of work for one or more contractors. 3 types of defects in construction. These defects can occur through omission or error.

Documentation 148

Documentation Construction Inspections Site 148

Autodesk Construction Cloud

DECEMBER 31, 2021

In the year ahead, this will not only help monitor construction progress, but it will also accelerate the tracking of more leading indicators for health and safety, quality, and productivity. Another recent change is in the way that data gets processed into information and knowledge. 5 Construction Data Insights Uncovered.

Risk 52

Risk Management Construction Autodesk 52

Job Order Contracting

APRIL 1, 2019

Thus costs estimates should first be prepared WITHOUT including OVERHEAD and PROFIT. It’s no surprise to anyone that errors and omissions are largely the cause of cost creep, change orders, and general dissatisfaction. A certain degree of change management is also present. Summary and the Path Forward.

Estimating 130

Estimating Construction Procurement Change Orders 130

Autodesk Construction Cloud

JULY 8, 2021

While there are many benefits to using cost codes, the majority of them lie in standardization, cost control , analysis, and profitability. . Overall, the standardization of cost codes is essential to saving time , raising productivity, reducing mistakes, increasing scalability, and building efficiencies. . Profitability .

Construction 52

Construction Profitability Budgeting Budget 52

Construction Business Owner

OCTOBER 20, 2011

Product Spotlight. « Some Advice on Change Orders. But without exception, the story that each team told through their symbols focused on people, not projects or profits. No discussion of business practices, financial measurements, or profit-building strategies. change orders. productivity.

CFMA 120

CFMA Construction Software Software 120

Construction Business Owner

MAY 24, 2012

Product Spotlight. But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits.

Construction 120

Construction Software Software Iowa 120

Pro Builder

JANUARY 6, 2021

Less Waste, More Profit in 10 (Not So Easy) Steps. Figure two people per order, on average, and you end up with more than a billion dollars annually in wasted ketchup! . To put that in perspective, the burger chain’s net profit for 2019 was $6.03 Process Perils and Profit for Home Builders. What’s a columnist to do?!

Profitability 98

Profitability Products Banking US 98

Pro Builder

MAY 12, 2021

Productivity in home construction lags behind almost every other industry, while inefficiencies and waste hurt profits and growth. To increase productivity . However, the industry has only improved productivity growth by 1% year over year for more than 20 years, according to a 2017 McKinsey report.

Site 111

Site Residential Construction Accidents 111

Pro Builder

AUGUST 4, 2022

Pundits may not agree on the severity of the coming downturn, but one thing’s certain: these 10 essential tactics will boost your business' efficiency, productivity, and profit. Goldratt describes many of the keys to unlocking efficiency and productivity, yet his work remains largely unknown in home building.

Schedule 99

Schedule Housing Profitability Products 99

Construction Business Owner

SEPTEMBER 27, 2011

Product Spotlight. If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. change orders. productivity. Equipment Management. Resource Center. Ask the Expert.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

JANUARY 18, 2012

Product Spotlight. Querying different type of jobs in job costing to look at profitability by type. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar.

Construction 168

Construction Software Software Accounting 168

Viewpoint Construction Technology

SEPTEMBER 11, 2018

People tend to separate themselves by department or function and then don’t do a great job collaborating with people in other parts of the business to resolve issues, optimize processes and improve efficiency and productivity. Anyone who needs to see updated data, or process items like RFIs and change orders in the field can easily do so.

Project Management 131

Project Management Construction Budgeting Budget 131

Construction Business Owner

APRIL 5, 2012

Product Spotlight. And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins.

Risk 120

Risk Insurance Construction Software 120

NH Construction Law

APRIL 26, 2018

Among the possible reasons a project might cost more to build than anticipated is diminished labor productivity occasioned by unforeseen space or time constraints. In Fraser , the subcontractor’s arrangement with the CM was fixed price rather than cost-plus except as to change orders and extras.

Lien 40

Lien Compensation Change Orders Subcontracting 40

Job Order Contracting

APRIL 1, 2019

Thus costs estimates should first be prepared WITHOUT including OVERHEAD and PROFIT. It’s no surprise to anyone that errors and omissions are largely the cause of cost creep, change orders, and general dissatisfaction. A certain degree of change management is also present. Summary and the Path Forward.

Estimating 100

Estimating Procurement Change Orders Renovating 100

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

MAY 7, 2012

Product Spotlight. « Staying Focused in the Fight Against Profit Fade. I am a believer in real collaboration – after all, we did just launch a new product created specifically for project collaboration. change orders. productivity. Equipment Management. Resource Center. Ask the Expert. Hardhat Connect.

Construction 120

Construction Software Software Accounting 120

Pro Builder

AUGUST 3, 2021

Given the volume of products the U.S. That way, when the index goes down, you can return to the previous cost of the product or service. However, if they’re not willing to show you invoices, it’s likely they’re marking up and profiting from the increase. Eliminate last-minute change orders.

Materials 98

Materials Income Industrial Products 98

Construction Business Owner

DECEMBER 20, 2011

Product Spotlight. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics. Publications. CBO Magazine Owner of the Month CBO eNewsletter -->.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

APRIL 2, 2011

Product Spotlight. « Free Webinar on Reducing Profit Fade. My company’s flagship product continues to evolve, and we constantly have one goal in mind: to be the industry leader in new sales for construction accounting software. change orders. productivity. Equipment Management. Resource Center.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

NOVEMBER 3, 2011

Product Spotlight. Rather than looking in the review mirror after a job is complete and realizing you’re over budget, make sure you have the ability to import estimates, manage change orders, report on committed costs, and allow your employees in the field remote access. change orders. productivity.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

OCTOBER 26, 2011

Product Spotlight. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders. productivity. Equipment Management. Resource Center. Ask the Expert. August 2008.

Construction 159

Construction Software Software Bidding 159