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If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008.
Querying different type of jobs in job costing to look at profitability by type. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Built-in AIA billings, time and material and unit price billings, projectmanagement, equipment tracking, service dispatch, scheduling and dashboards for specific performance reporting are just a few of the other perks that construction-specific systems can offer. Committing Intentional Project Communications. December 2008.
« Free Webinar on Reducing Profit Fade. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. projectmanagement.
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. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.
Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Home » Blogs.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
These factors include… poor formal and professional education in the domain, low investment in research and development, deep rooted project culture, perceived long life-cycle of associated return on investment, resistance from construction projects’ participants and stakeholders, and lack of real property owner leadership and competency.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Public Exposure and Liability on Construction Sites » Better ProjectManagement through Better Communication. Last week, I discussed three important areas of projectmanagement and ended by briefly discussing project communication – or the glue to a project. December 2008. November 2008.
Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our projectmanagers in the field on mobile phones. We all know that, projects change constantly, which means your workers and your office need to be equipped with the most up-to-date information. December 2008. November 2008.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Today, new software applications – in job cost accounting, projectmanagement, estimating, etc. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008.
And for good reason, since the way accounting and business management use software is much different from the way construction operations and projectmanagement use it. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
He replied, “Well, that depends on the projectmanager.”. While it’s understandable that every projectmanager has a different way of managing, the reality is that change orders don’t have room for personal style. Committing Intentional Project Communications. December 2008. November 2008.
Free Webinar on Reducing Profit Fade » Game Changers. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management.
With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. And risk can be a profit center, since insurance companies obviously make money. Committing Intentional Project Communications. Better ProjectManagement through Better Communication.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Some projectmanagers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” In fact, projectmanagers should worry about implementing more safe practices because it can affect the way they bid on jobs. Committing Intentional Project Communications. December 2008.
Foundation Software has been profitable in each of its years of business since 1985. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management.
But to count on them as the source of profit is to bank on an unpredictable variable that is not under your control, that is hard to manage, and that you may wish to use for a completely different purpose – business development (more on this in a moment). Committing Intentional Project Communications.
Staying Focused in the Fight Against Profit Fade » Connecting in Construction. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management.
« Staying Focused in the Fight Against Profit Fade. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management.
The CFMA was formed around the common business problems of construction and of financial management. But without exception, the story that each team told through their symbols focused on people, not projects or profits. No discussion of business practices, financial measurements, or profit-building strategies. Management.
Carefully monitoring these numbers will help you preserve profit and build more accurate bids on future projects. Implement technologies and processes so that projectmanagers and other field staff are better connected to the financial side of your business. Committing Intentional Project Communications.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
An effective approach to sharing project documents must include a way to ensure that everyone is using the same (and latest) version, and that there is structure to the way the documents are presented – so folks like my electrical contractor friend can quickly find the information that matters to them. December 2008. November 2008.
Most of all, I learned that workforce management and structuring your company appropriately is one of the biggest challenges contractors face. What I heard is that finding the right person for an estimator and a projectmanager is crucial to success. Committing Intentional Project Communications. December 2008.
Gregg is a consultant with FMI and specializes in the areas of productivity and projectmanagement. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008.
Education leads to improvement, efficiency, and profitability! Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
Committing Intentional Project Communications. Better ProjectManagement through Better Communication. December 2008. November 2008. October 2008. September 2008. August 2008. document management. Management. project collaboration. projectmanagement.
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