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 133

Project Management Construction Budgeting Budget 133

Contractor Bookkeeping

FEBRUARY 23, 2024

Poor Cash Flow Management One of the biggest challenges for construction businesses is managing cash flow. However, you may be in a cash crunch if you don't correctly deal with your cash flow. You need cash to buy materials, pay workers, and keep your business running.

Cash Flow 62

Cash Flow Forecasting Construction Deals 62

Autodesk Construction Cloud

JULY 13, 2023

While bringing in large projects and generating revenue is essential, it's equally important to manage profit effectively and ensure healthy margins. And while profit margins in construction are notoriously tight (4-6%), there are steps you can take to increase your profitability without compromising the quality of your work.

Profitability 52

Profitability Risk Construction Autodesk 52

Viewpoint Construction Technology

JULY 27, 2017

Planning for construction costs can mean the difference between making a decent profit and barely breaking even. When you’re dealing with jobs that are in the six, seven, and even eight figure budgets, project management can become very complex with many variables to account for. Invest in quality tools upfront.

Viewpoint 173

Viewpoint Contractors Inventory Profitability 173

Contractor Bookkeeping

SEPTEMBER 12, 2014

Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? This one thing can have a massive impact on cash flow and profits. Construction Company.

Profitability 48

Profitability Accounting Construction Project Management 48

Viewpoint Construction Technology

MAY 11, 2017

There are many reasons to adopt integrated construction software , including flexibility, organization, and project management. Using a web- or cloud-based software solution is also the best way to increase your estimate accuracy and improve profitability. It’s time to make your project bids painless and successful.

Estimating 130

Estimating Bidding Viewpoint Construction 130

Contractor Bookkeeping

SEPTEMBER 5, 2013

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

Profitability 49

Profitability Contractors Accounting Income 49

Autodesk Construction Cloud

JUNE 18, 2022

Table of Contents: What is Construction Management Software? The Benefits of Construction Management Software. Key Features to Look for in Construction Project Management Software. How to Choose the Best Construction Management Software. What is Construction Project Management Software?

Project Management 98

Project Management Software Software Management 98

Viewpoint Construction Technology

JULY 19, 2018

Another year, another amazing national conference for the Construction Financial Management Association (CFMA). Internally, collaboration is a huge deal for contractors as well. By improving project collaboration across entire teams, contractors are building bigger and better projects, quicker and more efficiently.

CFMA 141

CFMA Conference Viewpoint Education 141

Construction Cost Estimating

NOVEMBER 16, 2014

General contracting and construction management are the inherent part of a construction project. Both of them are useful for coordinating and handling projects. But there are basic differences concerning the organizational structure, business relationships, and project entry points.

Management 45

Management Contract Construction Bidding 45

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Multiple Projects at Once. Project Management. Document management. Click Here.

Procurement 63

Procurement Plans Construction Budgeting 63

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

Autodesk Construction Cloud

NOVEMBER 13, 2023

Furthermore, according to insights from Accenture and Frontier Economics , the construction industry could witness remarkable profit growth—estimated at 71%—through AI integration over the next ten years. Autodesk's early investments in AI At Autodesk, we've always been committed to helping you maximize efficiency and profit.

Autodesk 142

Autodesk Construction Risk Products 142

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. If You Know Exactly What To Do.

Profitability 48

Profitability Construction Accounting Cash Flow 48

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. Multiple Projects at Once. Project Management. Document management. Estimation tool.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

OCTOBER 14, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. He replied, “Well, that depends on the project manager.”. STRATEGY |. ACCOUNTING |.

Change Orders 120

Change Orders Construction Software Software 120

Contractor Bookkeeping

AUGUST 29, 2014

Is Cash Flow The Same As Profit? While they might seem similar, profit and cash flow are two entirely different concepts, each with entirely different results. The concept of profit is somewhat broad and only looks at income and expenses over a certain period, say a fiscal quarter. Please contact us and we can help you with it.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Viewpoint Construction Technology

FEBRUARY 7, 2018

Contractors gather huge amounts of data these days, often through tools like powerful construction management and project management software, technology like drones , and the increased accessibility provided by cloud computing and the Internet of Things (IoT). This knowledge pyramid shows that data is foundational to BI.

Organization 145

Organization Foundation Viewpoint Contractors 145

Autodesk Construction Cloud

JUNE 18, 2022

Table of Contents: What is Construction Management Software? The Benefits of Construction Management Software. Key Features to Look for in Construction Project Management Software. How to Choose the Best Construction Management Software. What is Construction Project Management Software?

Project Management 52

Project Management Software Software Management 52

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Management skills are learned in the school of hard knocks. Predominantly not financial managers and do not understand the value of outsourcing. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Lets Build

NOVEMBER 26, 2021

Considering that nearly 2/3 of the work involved in delivering a construction project consists of non-value-added activities, it is crucially important to focus on the root causes and how to correct them. For instance, most project managers have their programmes and schedules locked into MS Project.

Site 88

Site Schedule Plans Materials 88

Construction Business Owner

MAY 29, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Connecting within the Construction Company » Free Webinar: Managing Information Overload. Managing this information overload can be difficult. Committing Intentional Project Communications. construction management.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

OCTOBER 12, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. The point is that when dealing with a service or purchasing software, it’s important to have a Support department you can rely on. Usually the first department you talk to when dealing with a new company is Sales. document management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

DECEMBER 1, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. » 3 Tips for Better Construction Fleet Fuel Management. If you’re a project or construction manager reading this blog, this information may not pertain directly to you, but the information is still good to know.

Construction 137

Construction Software Software US 137

Levelset

MARCH 16, 2022

First, the designer or architect will start checking on the project more regularly to ensure that the actual construction meets the plan and design. The construction phase is the point of the project in which the building is being constructed. How construction project monitoring works. How long does it last?

Lien 52

Lien Construction Budgeting Budget 52

Contractor Bookkeeping

DECEMBER 13, 2013

Internal Accounting - The part that provides information for the Business Process Management system and generates reports for business owners to read and make decisions about what jobs are profitable and what jobs are not and the reasons why it is that way. Business Process Management (BPM) For Contractors. Need Help Now?

Deals 48

Deals Accounting Banking Contractors 48

PSMJ Resources

MAY 31, 2011

Reading provides you with an important skill for today’s manager: the ability to see linkages between unrelated events. Learn more tips for becoming a better PM team leader with the world's most successful project managers by attending PSMJ's A/E/C Project Management Bootcamp. Be well-read.

Project Management 49

Project Management Deals Education Management 49

HardHatChat

SEPTEMBER 6, 2017

Due to a variety of factors – from smaller profit margins following the economic downturn, to the sense of immediacy that’s so pervasive in the modern business world – everyone from our clients on down to our subcontractors are being squeezed for time and asked to deliver commercial construction projects on tighter schedules than ever before.

Schedule 312

Schedule Commercial Drawings Permits 312

Construction Business Owner

AUGUST 19, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. Then there’s long hours and reams of paperwork and difficult employees to deal with. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. construction management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 6, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. One of the things I enjoy most about my position at ComputerEase is that I have the opportunity to deal with different contractors everyday and have the opportunity to help them with their construction software needs. document management.

Construction 120

Construction Software Software Accounting 120

Best Practices Construction Law

NOVEMBER 26, 2012

As a preliminary matter, make sure that you get a written contract when starting a new project and make sure that both parties sign the agreement. Too many times I have represented parties who either "did the deal on a handshake" or "never signed the contract." Project Management Tips.

Cash Flow 48

Cash Flow Project Management Change Orders Agreement 48

Construction Cost Estimating

JUNE 5, 2012

Enhance your takeoff, estimating, and proposal management procedures with ProContractorMX™ by Maxwell. Maxwell introduces ProContractorMX™ containing robust and comprehensible features to enhance your takeoff , estimating, and proposal management procedures. Some exclusive features :-. Moderate risk and maximize reward.

Estimating 45

Estimating Construction Software Software 45

Contractor Bookkeeping

SEPTEMBER 1, 2014

For Example - The simple Profit & Loss Report Can Be Shown Four Different Ways With Little Effort. The First Two Profit & Loss Reports Show Accrual Basis Vs. Cash Basis. The Next Two Profit & Loss Reports Show Accrual Vs. Cash And % of Income. 3 Looking for trends to find ways to improve cash flow and profitability.

Contractors 48

Contractors Accounting Cash Flow Profitability 48

Pro Builder

DECEMBER 12, 2021

Project Manager Workloads: How Much Is Enough? Are You Getting a Good Deal on Your Purchasing? How to: Management Tips to Keep Your Team Together. the formula spits out the answer: “Based on your inputs, this superintendent can effectively manage 16 units-in-process.” Sun, 12/12/2021 - 12:54. Scott Sedam.

Project Management 52

Project Management Management Schedule Site 52

Pro Builder

FEBRUARY 14, 2023

The Deming Dozen You can simply Google “Deming quotes” and come up with another hundred you might choose from, but listed below are the ones that have guided me the past 30 years, not only in home building, but in managing my own company, the many volunteer groups I’ve been associated with, and sometimes even my family. Learn from them.

Management 97

Management Wisconsin IDEA Products 97

Construction Business Owner

MAY 17, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. That’s a huge deal and a potential company-breaker. Committing Intentional Project Communications. Better Project Management through Better Communication. construction management. construction management software.

Construction 120

Construction Software Software Security 120

Construction Business Owner

MAY 3, 2011

MANAGEMENT |. General Management. People Management. Equipment Management. I had to deal with a wide range of people with different backgrounds, personalities, and communications skills. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120