article thumbnail

Empowering Project Management Professionals Through Technology—Part 2 of 5

Viewpoint Construction Technology

Editor’s Note: This is Part 2 of a five-part series on Construction Project Management. Last week, we talked about the complexity of construction projects and the role of the project manager in managing the processes behind them. Championing Construction Collaboration.

article thumbnail

Travelers Insurance Offering to Pay Contractors in More States to Use Procore

Construction Junkie

Last summer, we learned that Travelers Insurance believed that using Procore as a project management tool helped contractors reduce risk on their projects so much that they were willing to help pay for them to join the platform. Arkansas 4. Colorado 5. Connecticut 6. Delaware 7. Illinois 12. Kentucky 15. Maryland 16.

ProCore 62
professionals

Sign Up for our Newsletter

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

article thumbnail

Empowering the workforce through digital transformation

Autodesk Construction Cloud

Behind this optimism, however, are labour shortages and a widespread perception of the construction industry as ‘behind the times’ which has resulted in a dearth of available digital talent. These cultural issues are a hindrance to the industry’s capacity to efficiently and effectively carry out work projects.

Safety 88
article thumbnail

How to Successfully Plan the Risks Going Into a Construction Project

Fieldwire

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. The Importance of Project Risk Planning. No doubt, construction is a risky business. prioritizing them.

Risk 59
article thumbnail

Construction Cost Audit Fundamentals

Job Order Contracting

This includes pre-construction and planning phase activities including initial owner scope of work as well as all related planning, procurement, and project management processes. A construction cost audit and associated checklist are important risk management and LEAN construction planning, procurement, and project delivery tools.

article thumbnail

Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

The rise of emerging technologies and the realization that project financials need to be readily available from anywhere drove Sage, a popular provider of construction financial management solutions, to develop a cloud-based financial system for the industry, Sage Intacct Construction.

Sage 145
article thumbnail

Digital Builder Ep 57: Global Construction Professionals Share Their Thoughts on Protecting Margins

Autodesk Construction Cloud

” This quote primarily relates to personal finance, but his advice also rings true in the construction industry. While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. Insurance is a big deal.