Construction Business Owner

JANUARY 27, 2014

For owners of small to midsize construction firms, juggling all the responsibilities of owning and operating a business—such as accounting, estimating and scheduling—while trying to increase profits can be a daunting task.

Profitability 231

Profitability Accounting Schedule Estimating 231

Construction Cost Estimating

APRIL 5, 2015

Electrical Estimating Methods (RSMeans) - an exclusive estimating book for electrical estimators & contractors Wayne J. Del Pico has written an exclusive book alias Electrical Estimating Methods (RSMeans) 4th edition. construction estimating construction materials electrical system estimates'

Estimating 40

Estimating Electrical Contractors Bidding 40

Construction Cost Estimating

MAY 21, 2014

General Construction Estimate Spreadsheet is Microsoft excel workbook that can be edited completely. This estimating spreadsheet is formed with 16 division CSI Master format. The spreadsheet contains the following features: Comes with 16 divisions scheduled on the Estimate Worksheet compliant with the CSI Masterformat 1995 Edition.

Estimating 45

Estimating CSI Construction Insurance 45

Construction Cost Estimating

APRIL 28, 2014

The foundation for a successful estimate depends on authentic takeoff of the quantities of the various materials involved in the project. The various elements that lead to an effective cost estimate are as: Labor Hours : Labor hour amounts can be prepared by crew analysis or applied on a unit man-hour basis.

Estimating 45

Estimating Equipment Bidding Profitability 45

Construction Cost Estimating

MAY 23, 2012

Construction Cost Estimating Blog. Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Estimating Sheets Sample.

Estimating 55

Estimating Software Software Sage 55

Viewpoint Construction Technology

OCTOBER 25, 2017

When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste. Scheduling, planning, and collaboration optimization.

Risk 177

Risk Schedule Profitability Viewpoint 177

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins. Now your project’s schedule and target cost are at risk.

Construction 148

Construction Materials Risk Management 148

Cassell Construction Estimating

JULY 14, 2015

Vancouver, WA July 13, 2015: Cassell Consulting announces our Sage Estimating to Procore Interface will be released in August. The integration will create a new job in Procore, with the fully-developed Sage Estimate distributed into Procore’s project budget. Procore Technologies, Inc.

ProCore 100

ProCore Sage Consulting Estimating 100

Job Order Contracting

FEBRUARY 20, 2019

Control project performance factors. contact-form-7] The post LEAN Construction Project Delivery Toolkit appeared first on 4BT.

Construction 100

Construction Renovating Resource Procurement 100

PSMJ Resources

JULY 10, 2013

Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit. With private sector clients, it can dramatically increase profits. Shorten the client''s schedule and then work overtime.

Profitability 43

Profitability Contract Negotiation Debt 43

Construction Cost Estimating

NOVEMBER 13, 2011

Construction Cost Estimating Blog. Roof Estimating Software for Contractors. Roof contractors to help them sell more, build happier customers, estimate faster, generate more accurate proposals and bring more to their bottom line profits. Have you ever needed estimating software for roofing? adsense analytic.

Estimating 58

Estimating Software Software Construction 58

Job Order Contracting

MARCH 27, 2019

Developing a detailed scope of work and associated line item cost estimate using a verifiable and current locally researched unit price book (UPB) is a mandatory component of a LEAN construction delivery approach. Assure that owners and service providers are equally skilled in detailed line item estimating.

Renovating 100

Renovating Estimating Construction Budgeting 100

Viewpoint Construction Technology

JULY 27, 2017

Planning for construction costs can mean the difference between making a decent profit and barely breaking even. You’ll eliminate material loss and labor waste by ensuring subcontractors are scheduled at the right time and the respective materials are where they need to be. Schedule smart.

Viewpoint 173

Viewpoint Contractors Inventory Profitability 173

Lets Build

MAY 11, 2022

Even though the owner might state which items qualify as prelims, it’s the contractor’s responsibility to claim the amounts for each of those items—they’re in the best position to estimate preliminary costs. You also have to consider the added costs for reporting on the schedule progress as required by the owner. What are prelims?

Contract 144

Contract Construction Site Accounting 144

Contractor Bookkeeping

MAY 25, 2013

Contractors Do You Want To Know How Much Profit You Made On Your Last Job So You Can Earn More On The Next One. You''re in the exact right place to learn about solution designed especially to help you read and understand your Job Costing and Job Profitability reports without having to setup QuickBooks and generate the reports yourself.

Schedule 49

Schedule Profitability Accounting Construction 49

Cassell Construction Estimating

OCTOBER 5, 2023

Do you compile the estimate manually, 
then enter into a spreadsheet? Or do you build the bid directly from within your estimating
 software? You can’t open a box, and turn 
inconsistent estimating into a well‐oiled system. The importance of a consistent, production‐based estimating system cannot be overstated.

Estimating 100

Estimating Las Vegas Bidding Software 100

Lets Build

AUGUST 4, 2023

With the software, you can automate labour and material costs, standardise bids, and get accurate estimations based on previous costs and bids. Here are the key features to consider: Scheduling : Every project requires a schedule to ensure every task is completed on time. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

PSMJ Resources

DECEMBER 13, 2010

At the end of every project, use this nine-question checklist to evaluate the performance of your schedule to identify the symptoms of schedule delays so you can react faster to prevent delays on future projects: *Was the project completed on time? * Was enough flexibility built into the schedule?

Schedule 46

Schedule Project Management Education Procurement 46

Job Order Contracting

JANUARY 25, 2018

The construction cost data shown is not be applied to specific requirements, but rather intended as a general overview. Detailed line item construction cost data should be used for the preparation of actual construction project costs in concert with an experienced construction estimator and knowledge of local conditions. also assumed.

Commercial 100

Commercial Construction Commissioning Permits 100

Construction Cost Estimating

JUNE 16, 2011

Construction Cost Estimating Blog. Types of Construction Estimates. Numerous estimating techniques prevail in the market and these can be categorized in the following ways :-. Conceptual estimates. Detailed estimates. Conceptual estimates. Detailed Estimate. Join our estimating forum.

Estimating 40

Estimating Construction Overhead Materials 40

Lets Build

AUGUST 4, 2023

With the software, you can automate labour and material costs, standardise bids, and get accurate estimations based on previous costs and bids. Here are the key features to consider: Scheduling : Every project requires a schedule to ensure every task is completed on time. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

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. 3) Estimating. An integrated mechanical contractor software improves estimating accuracy. The same is true for mechanical contractors.

Software 52

Software Software Contractors Change Orders 52

Viewpoint Construction Technology

AUGUST 9, 2018

Construction management is no easy task, as today’s contractors have a lot to juggle: job costs and budgets, progress reporting, overseeing subcontractors, field crews and schedules, materials and equipment, constantly moving timelines and much more. With all the solutions out there, how do you choose the one that’s right for your business?

Software 157

Software Software Construction Budgeting 157

Construction Cost Estimating

NOVEMBER 1, 2011

Construction Cost Estimating Blog. Construction Takeoff and Estimating Software. If you are in the construction industry then you should consider using construction estimating and takeoff software to help you come up with a more accurate estimate for the cost of a project. A pioneer company in construction estimating.

Estimating 49

Estimating Construction Software Software 49

Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. Staying proactive during projects by recognizing pitfalls and taking appropriate steps to avoid them limits accidents, ensures budgets and timelines remain on schedule and creates a more positive work environment.

Contractors 255

Contractors Software Software Accidents 255

Autodesk Construction Cloud

AUGUST 11, 2021

So, when it comes to an industry as complex as construction—where maximizing profit and minimizing risk is the goal—accurately forecasting cash flow throughout a project’s lifecycle is essential. For example, some teams lean on reports from their ERP system, then look at buy-out logs and compare against schedule projections.

Cash Flow 52

Cash Flow Forecasting Autodesk Construction 52

Construction Cost Estimating

DECEMBER 22, 2010

What will be the profit margin of the project? To get answers of all these questions you should seek the help of project estimation. That’s why you need to be more careful when estimating for a construction project. That’s why you need to be more careful when estimating for a construction project. How much will it cost?

Estimating 40

Estimating Schedule Plans Budgeting 40

Building Information Management

FEBRUARY 24, 2015

If you use, or plan to use RSMeans Cost Data for detailed line item cost estimating and/or budgeting for Job Order Contracting (JOC), SABER, IDIQ, MACC, SATOC, MATOC, BOS and similar public sector construction contracts, the following training classes are designed for you. Optimizing your RSMeans Electrical Estimating skills.

Estimating 40

Estimating Electrical Architecture Project Management 40

Construction Cost Estimating

DECEMBER 21, 2010

Though Project Estimation is now has become very important part for the Architecture, Engineering and Construction or AEC industry, many of us really don’t understand the importance of Project Estimation. Many think that project estimation is a waste of budget.

Estimating 40

Estimating Budgeting Budget Accounting 40

Construction Cost Estimating

JULY 1, 2014

Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. This total or subtotal is usually identified as such in an estimate report. Also known as Total Estimated Contract Cost (TECC).

Estimating 45

Estimating Construction Products Overhead 45

Viewpoint Construction Technology

APRIL 18, 2018

Plus, they need to make sure all parts of a job are executed according to plan, both in terms of cost and schedule. 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. It slows down processes.

Project Management 169

Project Management Management Viewpoint Software 169

Construction Cost Estimating

NOVEMBER 21, 2011

Construction Cost Estimating Blog. Home Construction professional for Estimating Software. Construction Cost Estimate (Takeoff) is the heart of your financial plan. Cost Estimate should incorporate all the items to be included in the general contractor’s bid. Estimating construction costs has never been easier.

Estimating 45

Estimating Software Software Construction 45

Autodesk Construction Cloud

APRIL 5, 2022

One of the problems in construction is that there are so many parties, including owners, engineers, policymakers, architects, project managers, estimators and MEP contractors —to name but a few—involved in the process. 3 Greater access to information reduces waste and increases profitability.

BIM 130

BIM Documentation Risk Profitability 130

Fieldwire

AUGUST 9, 2023

It’s a widespread problem that attributes to some of the inefficiencies that cause large projects to run on average 20% longer to finish than scheduled and up to 80% over budget. Labor efficiency is the basis of most tender estimates, as well as the yardstick by which performance is measured and monitored.

Industrial 52

Industrial Construction Management Products 52

Viewpoint Construction Technology

SEPTEMBER 23, 2018

Over the course of a project, cost increases that may seem marginal at the time, end up having flow on effects, or adding up with other overheads resulting in total project expenditure which is far from the amount originally estimated. Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse.

Industrial 130

Industrial Accounting Viewpoint Construction 130

Levelset

MARCH 11, 2022

In addition, they make less per project and ultimately end up with too little profit, if any, to grow. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. The average pre-tax net profit for general contractors is between 1.4 And guess what? Inviting contractors to share value.

Bidding 98

Bidding Cash Flow Contractors Procurement 98

Rory Woolsey

MARCH 20, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. The Estimating Process; Get it Right! If you are interested in an expanded discussion on the most crucial step in the estimating process then go back and read my blog on "Scope, Scope, Scope!" Tuesday, March 20, 2012.

Estimating 40

Estimating Construction Overhead Structural Engineering 40