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3 cash flow forecasting tips for your next big construction project

Viewpoint Construction Technology

Considering these complexities, it’s easy to understand why, throughout the life of a project, a variety of things can change — directly impacting the original cash flow forecast. Here are three ways to ensure your cash flow forecast gets your project done on time, on brief and on budget. Create Rolling Enterprise Cash Flow Forecasts.

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How To Reduce Risk On Construction Projects

ProcurementExpress.com

Do you know if any of your projects are at risk? A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. Why do these financial risks take place. A real life example: A large office building was leased for hi-tech office space.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

For one, market factors heavily influence labor and material expenses, making forecasts difficult and increasing the likelihood of overruns. Then there are the projects themselves, which are incredibly complex. Little to no project or business predictability Most construction projects are like a unique snowflake.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Reducing Risk and Increasing Safety.

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Highlighting Construction Technology at CFMA National Conference

Viewpoint Construction Technology

Viewpoint Technology Forum to Showcase Intuitive Construction Field and Office Solutions. Or, if you’d like to know more about how Viewpoint can help transform your company by connecting your office, team and field with integrated construction technologies, visit our website: www.viewpoint.com.

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The importance of keeping construction daily logs for every site activity

Lets Build

Skipping these logs increases your risk of a small issue becoming a massive one because no one documented it. Without proper documentation and construction daily logs, the risk of misunderstandings that lead to delays rises, and communication becomes strained. If you’re like most site managers, you probably chose the latter.

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6 Construction Leaders Share How They’re Protecting Profits in 2023 

Autodesk Construction Cloud

 Estimating is essential to the preconstruction process because it allows firms to determine a project's cost accurately.”  - Cliff Cole , Director of Virtual Design and Construction, The PENTA Building Group “In Asia-Pacific and specifically for Australia, we're missing a lot of our workforce.