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Understanding Tech Options & How They Impact Operations

Construction Business Owner

Understanding Tech Options & How They Impact Operations ccapoccia Mon, 04/10/2023 - 08:12 Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure.

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Are You Still Using Spreadsheets for Project Management?

Viewpoint Construction Technology

Plus, they need to make sure all parts of a job are executed according to plan, both in terms of cost and schedule. To keep things organized, most contractors use technology in some capacity to facilitate day-to-day workflows for project management , scheduling, accounting , estimating and more. The results: Excel (72%).

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How to Avoid 3 Common Commercial Construction Scheduling Delays

HardHatChat

Due to a variety of factors – from smaller profit margins following the economic downturn, to the sense of immediacy that’s so pervasive in the modern business world – everyone from our clients on down to our subcontractors are being squeezed for time and asked to deliver commercial construction projects on tighter schedules than ever before.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. Little to no project or business predictability Most construction projects are like a unique snowflake. ” Clearly, technology can enormously influence your projects’ productivity and profitability.

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Seven Traits of Profitable Specialty Contractors

Fieldwire

Anyone who has managed a construction company, department, or project knows profitability can be challenging. Intense competition, fluctuating market conditions and other factors often result in tight profit margins. Even with numerous challenges, specialty contracting can be profitable. Solid Management Processes.

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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?