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8 essential steps for effective project cost estimation and budgeting

Fieldwire

Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. Construction project stakeholders expect you to self-regulate and reflect on whether you’re up to the task. Estimating project costs correctly and managing the budget accordingly are just as vital.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. Connecting within the Construction Company » Free Webinar: Managing Information Overload. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry.

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Top OSHA Violations in Construction (2021)

Levelset

Along with other construction laws , OSHA regulations seek to protect everyone working in the construction industry. While those two standards are the most commonly cited on construction jobsites, OSHA can issue a citation for a violation of any of its full list of regulations. Workers’ compensation insurance. Compliance cost.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. Very excited about taking our popular educational webinar series on the road. I have been amazed at the popularity of the webinars and it will be very exciting to present a live one each afternoon at the show. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. « Staying Focused in the Fight Against Profit Fade. From applications that make your meetings and webinars more collaborative to document management and social media apps to help you and your team organize, it seems collaboration is everywhere. MANAGEMENT |. ACCOUNTING |.