Lets Build
JUNE 23, 2023
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?
Lets Build
JUNE 23, 2023
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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Levelset
AUGUST 26, 2022
When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.
Construction Business Owner
OCTOBER 20, 2014
As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'
Viewpoint Construction Technology
JUNE 3, 2019
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.
Autodesk Construction Cloud
DECEMBER 12, 2021
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. Key Takeaways. Construction KPIs: A Breakdown.
Autodesk Construction Cloud
AUGUST 12, 2021
Construction accounting software is a must-have, but may seem daunting to implement new solutions if your accounting technology hasn’t kept up with the complexities of your growing business. In this practice, each project functions as its own entity with profits and losses. . Some firms use project-based accounting.
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