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Construction Change Order Fundamentals

Construction Business Owner

Promote to rotator No Rotator Image Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. Central Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. Thu, 03/07/2024 - 12:00 1:00 p.m.

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4 Tips for Better Change Order Management

Construction Business Owner

4 Tips for Better Change Order Management. I n an HBRC Journal study , results showed that the average cost overrun from change orders was as much as 11% to 15% of the original contract value for many construction projects. Elizabeth Manning. Thu, 06/18/2020 - 10:53.

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The AEC Professional's Essential Guide to Connected Construction

Construction Business Owner

Less rework means faster schedules, fewer change orders, and, more importantly, a less expensive and more profitable construction experience for the owner and contractor. Business Management. Embracing a new way of working to solve construction’s oldest challenges. Greg Ragsdale. Wed, 06/01/2022 - 14:40. Main Image.

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

Doing so won’t just make your life easier; it’ll also help you protect your profit margins. This, in turn, leads to improved accuracy in project estimates , proactive risk management, and more effective resource allocation. This is where connected bid management solutions comes in handy.

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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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How to Modernize Construction Management

Viewpoint Construction Technology

There’s an industry transformation happening in construction, driven by modern technology, and these changes are significantly elevating construction management. Manual Processes Handcuffing True Construction Management. Getting there just requires finding the right construction-specific tools.