article thumbnail

How technology can help you maintain your profit margins at residential projects

Lets Build

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.

article thumbnail

Paper vs. Clunky Software vs. Integrated Construction Solution

Viewpoint Construction Technology

Besides paper, many organizations are holding on to older software and systems, but don’t deliver what is needed for the business to enhance collaboration and streamline processes because the software is typically outdated and doesn’t fit the needs of the current organization’s climate. In the left corner, weighing 4.5

Software 277
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Subcontractor Solutions for Higher Profits

Viewpoint Construction Technology

Construction software has been instrumental in changing the face of the construction industry. At the same time, you’re trying to keep a close eye on your own jobs, profit margins, invoices, personnel, equipment, drawings, and more. Subcontractors can minimise risk with the right construction software management tools.

article thumbnail

Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

Doing so won’t just make your life easier; it’ll also help you protect your profit margins. The right software can help you manage everything from one platform and have a clear view of the projects you’re bidding on and the status of each bid. This is where connected bid management solutions comes in handy.

article thumbnail

5 Reasons to Use Mechanical Contractor Software

Pro Builder

5 Reasons to Use Mechanical Contractor Software. 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. Here are five reasons to use mechanical contractor software: 1) Drawing & Design Planning.

article thumbnail

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders

Pro Builder

BuildTools Delivers Major Productivity and Profitability Gains for Home Builders. Bast brings productivity and profitability gains to home builders. Up until then, he had been using a combination of software supplemented by proprietary programs developed in-house to handle industry-specific applications. kcichowicz.

article thumbnail

The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment

Construction Business Owner

Perform 2D/3D takeoffs & BIM coordination in a single software solution. For example, if each clash costs $3,500 per instance (PWC, 2018), it’s difficult for estimators and project managers to ensure each project is profitable during the planning phases of a project. Greg Ragsdale. Mon, 04/05/2021 - 16:08. The MacLeamy curve.

Modeling 234