Lets Build
JANUARY 6, 2023
Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.
Viewpoint Construction Technology
APRIL 18, 2018
To keep things organized, most contractors use technology in some capacity to facilitate day-to-day workflows for project management , scheduling, accounting , estimating and more. For project management specifically, 46.1 Other project management software (28%). The results: Excel (72%). Email (44%).
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Fieldwire
FEBRUARY 14, 2022
Anyone who has managed a construction company, department, or project knows profitability can be challenging. Intense competition, fluctuating market conditions and other factors often result in tight profit margins. Even with numerous challenges, specialty contracting can be profitable. Solid Management Processes.
Lets Build
FEBRUARY 24, 2023
The same issues plaguing the industry last year—labour shortages, supply chain disruptions, high material costs, lower profit margins, etc.—followed 2023 also brings more unpredictability for company execs and project managers, making managing schedules, budgets, and timelines challenging. followed us into 2023.
Lets Build
AUGUST 4, 2023
During any project, the execution stage is usually the most important — it determines the trajectory and timelines of the entire project. Getting your project off on the right foot can minimize bottlenecks and breakdowns down the road and ensure successful deliverables.
Lets Build
AUGUST 4, 2023
During any project, the execution stage is usually the most important — it determines the trajectory and timelines of the entire project. Getting your project off on the right foot can minimize bottlenecks and breakdowns down the road and ensure successful deliverables.
Lets Build
MAY 11, 2022
Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. These preliminaries, also called prelims, cover costs for an entire construction project—not for specific work sections or activities. Management and administrative costs.
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