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The most important construction KPIs to improve profits and productivity

Lets Build

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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The most important construction KPIs to improve profits and productivity

Lets Build

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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Persimmon targets subcontractors in cost-cutting drive

Construction Enquirer

We are actively retendering sites to identify savings. ” Persimmon is also focusing on value-engineering with a “plot-by-plot, site-by-site review to identify areas for cost savings or value enhancement that do not compromise quality.”

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Win-Win Scenarios for Residents and Property Managers

BD+C

Check out my thoughts on profitable, resident-centric proptech. However, with managed WiFi, the property takes charge and negotiates a lower bulk rate with the Internet Service Provider (ISP), effectively undercutting the cable company. For residents who own electric vehicles, the convenience of on-site charging is critical.

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Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction

Job Order Contracting

defining scope, joint site visits, ordering projects, proposal requirements and formats, timelines, auditing/reporting… Use Owner’s Existing Technical Specifications (if not available, create using commercially acceptable standards modified to owner requirements). Supporting Collaborative Cloud-based Technology.

Budgeting 100
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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

JOC unit prices include direct material, labor and equipment costs, but not indirect costs or profits which are addressed in the coefficient(s). The contracting officer shall negotiate the modification and make a determination that the price is fair and reasonable. (d) b) Statement of work. (1) c) Limitations. (1) d) Distribution.

Contract 227
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Business Report: Illinois Leaders Form Non-Profit to Spur Job Creation

Buisness Facilities Contributed Content

Bruce Rauner recently announced that leaders at the Illinois Department of Commerce & Economic Opportunity and business stakeholders will collaborate in organizing a newly formed private, non-profit organization focusing exclusively on increasing Illinois’ competitiveness for job creation and investment. Jim-Schultz_300.