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Finding the Equipment Management Sweet Spot

Viewpoint Construction Technology

Capturing accurate equipment information is a challenge that many contractors face. Data collection and analysis has traditionally been a manual process, and many times information would slip through the cracks leading to equipment being poorly maintained, overused or even retired before necessary.

Equipment 149
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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Sometimes there is little bearing on ongoing operations, but, depending on the nature of the conflict, these disputes can have serious ramifications which have the potential to cause brand damage, profitability issues or human resource issues. The more complex or confusing construction processes are, the bigger the changes of errors.

Risk 130
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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. However, standardizing the way software is used may correct this. Beyond that, safety incidents can mean higher insurance payments. Percentage of equipment downtime.

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4 Mistakes to Avoid in Construction Bidding

Viewpoint Construction Technology

With advanced construction software to help you, identifying your direct costs on a job is probably pretty easy. Missing the Mark on Profitability. With an ongoing shortage of construction jobs, it can be tempting to bid at every one that comes along, whether or not they’ll actually earn you a profit. Science Meets Art.

Bidding 285