Job Order Contracting

AUGUST 22, 2023

A robust preconstruction process mitigates risk, virually eliminates change orders, ensures regulatory compliance, provide cost transparency, reduces project delivery times, and overall construction costs by 30%-40%+ vs. traditional methods. #1. Real property owner commitment, capabilty, and accountability. #3

Change Orders 245

Change Orders Procurement Accounting Risk 245

Job Order Contracting

JUNE 5, 2023

2 Redesign, rework, and change orders are the norm vs. exception. #3 Future, with Owner Leadership, Capacity, Commitment, and Accountability #1 90%+ of ALL projects (repair, renovation, maintenance, and new builds) completed in a quality manner, on time, and on budget with full financial and technical transparency. #2

Environment 240

Environment Procurement Change Orders Renovating 240

Job Order Contracting

MAY 28, 2024

Owner leadership, capacity, and accountability. Reduce the number of surprises, disruptions, and change orders. Development of a shared detailed Scope of Work A detail quantity take off and associated o bjective current, locally researched line item construction cost database. Join the converstation and make a difference!

Estimating 243

Estimating Construction CSI Procurement 243

Viewpoint Construction Technology

JANUARY 24, 2018

The majority of construction companies are using a variety of software solutions for accounting, project management, estimating, and other important functions. Accounting and project management software were among the most prevalent types of software used by contractors last year.

Software 217

Software Software Contractors Change Orders 217

Contractor Bookkeeping

SEPTEMBER 18, 2020

Are you sick and tired of customers continually changing stuff on you and creating delays or extra work? Is your customer leaving you "love notes" regarding minor changes they would like to make on the counter or someplace you can easily find them when you first arrive in the morning? Or the never-ending chain of emails.

Change Orders 116

Change Orders Compensation Contractors Profitability 116

HardHatChat

AUGUST 28, 2018

There are certainly situations when it makes sense for the client to go with a particular brand, such as when they have a national account covering all their facilities across the country. If the client ends up wanting something other than what is in the drawings, it results in a change order.

Budgeting 337

Budgeting Budget Commercial Plans 337

Viewpoint Construction Technology

APRIL 17, 2018

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers.

Accounting 223

Accounting Contract Viewpoint Cash Flow 223

Job Order Contracting

DECEMBER 10, 2022

Lack of transparency and accountability in the public sector. Poor Awareness and Education is the Norm. Lack of integrated, collaborative planning, procurement, and project delivery teams. Zero verifiable cost information. Home grown project management and cost management systems, or outdated legacy systems.

Procurement 264

Procurement Construction BIM Change Orders 264

Job Order Contracting

SEPTEMBER 2, 2022

Overall cost savings of 30%-40% are possible and achieved by better defined and clearly communicated work scopes, shorter project delivery times, and fewer change orders. It is a social responsibility that demands accountability for all public sector real property owners. NEXT STEPS. Do your homework!

Procurement 263

Procurement Construction Environment Renovating 263

Job Order Contracting

MARCH 28, 2024

References: AIA (2007). References: AIA (2007). Integrated Project Delivery: A Guide.” The American Institute of Architects (AIA), Washington, DC AGC (2010).

Procurement 244

Procurement Construction DC AIA 244

Construction Business Owner

OCTOBER 14, 2011

ACCOUNTING |. Accounting & Finance. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. STRATEGY |. MANAGEMENT |.

Change Orders 120

Change Orders Construction Software Software 120

Job Order Contracting

AUGUST 17, 2023

Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.

Travel 241

Travel Construction Subcontracting CSI 241

Construction Business Owner

OCTOBER 14, 2011

ACCOUNTING |. Accounting & Finance. Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” STRATEGY |. MANAGEMENT |. SOFTWARE |.

Change Orders 120

Change Orders Construction Software Software 120

Building Radar

JULY 30, 2024

Change orders are a critical aspect of project execution. This comprehensive guide will walk you through what change orders are, why they are important, and how they are managed effectively. What Are Change Orders? For a more detailed overview of how change orders work, check out ProjectManager.com.

Change Orders 52

Change Orders ProCore Construction Documentation 52

Carol Hagen

FEBRUARY 10, 2012

If your construction accounting system doesn’t have at minimum a drag n drop feature for documents and emails, it’s time to look for an integrated, comprehensive replacement solution. Correspondence, contracts and RFIs, change orders, and drawings are frequently emailed.

Mobility 204

Mobility Office Documentation Construction 204

Job Order Contracting

SEPTEMBER 22, 2021

million in rework alone, accounting for 14 percent of all rework performed in 2020. PS: Strategies in place to collect, manage, and analyze usable data drive benefits such as fewer project delays and budget overruns, less rework, fewer change orders and reduced safety incidents. References: Watanabe-Crockett, Lee.

Aconex 244

Aconex Aconex Remodeling Budgeting 244

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry. Tags accounting.

Construction 168

Construction Software Software Accounting 168

Job Order Contracting

OCTOBER 25, 2021

The only obstacle, which apparently has been insurmountable for decades, is public sector real property owner leadership, accountability, and commitment for improvement. The net results include reduction in change orders, improved job scheduling, and projects delivery on-time, on-budget, per owner requirements. The Future.

Renovating 263

Renovating Procurement Budget Budgeting 263

Job Order Contracting

APRIL 8, 2019

Construction Change Order Best Management Practices. Definition of a construction change order: A construction change order is work that is added to or deleted from the originally agreed upon and contracted scope of work which alters the original contract amount and/or completion date. Change Order Impacts.

Change Orders 100

Change Orders Contract Negotiation Management 100

Construction Business Owner

SEPTEMBER 27, 2011

ACCOUNTING |. Accounting & Finance. « Considering New Accounting Software? As I said, be sure to talk with your CPA or tax specialist so that you know what you qualify for before making any purchases—whether it’s construction accounting software or a back hoe, you’ll want to make sure you’re informed! change orders.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

JANUARY 31, 2012

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Tags: accounting software , business advice , construction , corporate image , foundation software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

Construction 185

Construction Software Software Accounting 185

Viewpoint Construction Technology

APRIL 23, 2019

If a change request is submitted for example, a project manger gets an alert on his dashboard, and from his mobile device can approve and create a change order. If weather is hot and humid, or cold and snowy, account for a slower pace in the timeline, and follow safe practices for crews.

Construction 237

Construction Software Software Estimating 237

Viewpoint Construction Technology

MAY 17, 2018

Project managers have to account for the physical building, bridge or highway work, as well as water lines, sewer lines, electricity, rights of way and easements, drainage, environmental compliance and more. workers say communication is their team’s biggest obstacle to success, followed by accountability (29 percent).

Project Management 214

Project Management Management Capterra Software 214

Construction Business Owner

DECEMBER 6, 2011

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Tags: accounting , business , business owner , construction , software , stay hungry stay foolish , steve jobs. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

APRIL 26, 2012

ACCOUNTING |. Accounting & Finance. Greg is a Principal at Mountjoy, Chilton, Medley LLP , a CPA firm with a team of accountants dedicated to construction accounting. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

JANUARY 18, 2012

ACCOUNTING |. Accounting & Finance. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Tags accounting. accounting software. change orders. Construction Accounting Software.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

OCTOBER 26, 2011

ACCOUNTING |. Accounting & Finance. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. Tags accounting. accounting software. change orders. STRATEGY |.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

NOVEMBER 8, 2011

ACCOUNTING |. Accounting & Finance. For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” Tags accounting. accounting software. change orders. Construction Accounting Software. STRATEGY |. MANAGEMENT |.

Construction 174

Construction Software Software Accounting 174

Viewpoint Construction Technology

JULY 19, 2017

Whether it’s communication from an owner, client, project manager or crew, everyone should be apprised of change orders. Using an integrated construction software keeps everyone aware of changes and notes no matter how large or small.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Viewpoint Construction Technology

AUGUST 4, 2017

Often, estimating, accounting and project management are handled through different systems. Change orders can delay the process. The ability to see pending change orders and approve them quickly allows project managers to keep up with spending as the job progresses, rather than being surprised further into construction.

Software 130

Software Software Change Orders Project Management 130

Contractor Bookkeeping

JULY 23, 2021

Joint ventures are a bit like change orders. Joint Ventures have their own accounting rules. However, we understand your preference, so I would like to talk about it in this blog post. They can be an incredible opportunity to make or lose much money very quickly. Almost as quick as betting money on a roulette wheel in a casino.

Change Orders 117

Change Orders Agreement Accounting Profitability 117

Construction Business Owner

JANUARY 10, 2012

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Tags: accounting , Apple , business , construction , software , steve jobs. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

AUGUST 18, 2011

ACCOUNTING |. Accounting & Finance. The right construction-specific accounting software package will allow you to easily create all of these reports with the click of a button (eliminating manual entry through Excel spreadsheets) and to supply the required reporting to your bonding agency. Tags accounting. change orders.

Cash Flow 168

Cash Flow Software Software Accounting 168

Construction Business Owner

APRIL 2, 2011

ACCOUNTING |. Accounting & Finance. My company’s flagship product continues to evolve, and we constantly have one goal in mind: to be the industry leader in new sales for construction accounting software. Tags accounting. accounting software. change orders. Construction Accounting Software.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

DECEMBER 20, 2011

ACCOUNTING |. Accounting & Finance. Tags accounting. accounting software. change orders. Construction Accounting Software. Tags: accounting , Christmas , construction , Construction Accounting Software , foundation , foundation software , job costing. STRATEGY |. MANAGEMENT |.

Software 120

Software Software Construction Accounting 120

Viewpoint Construction Technology

OCTOBER 23, 2018

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Bidding Smarter and Winning More Work.

Construction 241

Construction Software Software Cash Flow 241

Construction Business Owner

JANUARY 12, 2012

ACCOUNTING |. Accounting & Finance. The end of December didn’t just bring about New Year’s resolutions – it brought the end of the yearly accounting cycle. Needless to say, most accounting departments are rather busy right now. Tags accounting. accounting software. change orders. STRATEGY |.

Construction 136

Construction Software Software Accounting 136