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How technology can help you maintain your profit margins at residential projects

Lets Build

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.

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The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment

Construction Business Owner

The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment. What exactly determines the success of each construction project? Certainly, projects aren’t declared a success simply because they’ve hit the finish line. Greg Ragsdale. Mon, 04/05/2021 - 16:08. The MacLeamy curve.

Modeling 234
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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

When you stay on top of project planning and design from the beginning (i.e., Doing so won’t just make your life easier; it’ll also help you protect your profit margins. Because preconstruction offers the biggest opportunity to de-risk a project.

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Reducing 3 Types of Construction Waste to Increase Home Builder Profit

Pro Builder

Reducing 3 Types of Construction Waste to Increase Home Builder Profit. In today’s economic climate, it’s vital for home builders to keep waste to a minimum so they can receive the highest profit on their homes. Planning is key to saving money on the jobsite. Your plans should be clear and comprehensive. What Is Waste?

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Construction in the Digital Age: Embracing Innovative Tools for Successful Business

Construction Marketing

Construction businesses should rethink their processes, increase productivity, and deliver projects with extraordinary accuracy and speed by embracing cutting-edge solutions. In order to deliver more accurate cost estimates, construction management software uses historical data, industry benchmarks, and modern algorithms.

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Why digital construction software is the right tool for collaboration and construction management

Lets Build

This single source of truth fosters a more collaborative environment by bringing together stakeholders from all corners of the project. Consider implementing a site diary to collect project data on a single platform so your team knows what tasks need their attention most. And to make that profit, you have to stick to a strict budget.

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Why Projects Fail

Job Order Contracting

First and foremost is important to understand that all projects are exercises in managing change. The fact that variation is going to occur (relative to planned activities and outcomes) during the project is a given. The various capability maturity models (CMM) can be applied to virtually any industry or market segment.