Viewpoint Construction Technology

DECEMBER 20, 2017

Underinvestment in technology is partially responsible for this slow growth in productivity, since a lack of operational and project management tools can lead to disorganization and inefficiencies for project contractors and subcontractors. That’s because smooth project management helps contractors stay on track and on budget.

Industrial 182

Industrial Construction Viewpoint Products 182

Construction Business Owner

JANUARY 12, 2012

” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Document Management. Reduce Bidding Costs. “How good do you want to be?”

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

APRIL 26, 2012

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.

Change Orders 120

Change Orders Construction Profitability Software 120

Job Order Contracting

MAY 3, 2020

Training and organization-wide communications in support of LEAN construction planning, procurement, and project delivery are mandatory in order to achieve continuous improvement. via Four BT, LLC – Four BT, LLC (4BT) is the AEC industry’s innovative integrated project delivery, construction cost data, and SAAS technology provider.

Procurement 191

Procurement Plans Construction BIM 191

Viewpoint Construction Technology

APRIL 24, 2019

Business intelligence in its simplest terms is the gathering of data — largely produced through construction management and project management software — and sorting and analyzing it to make intelligent business decisions. Soule are using BI technology to dramatically improve productivity and profitability.

Construction 200

Construction Software Software Contractors 200

Construction Business Owner

APRIL 5, 2021

For example, if each clash costs $3,500 per instance (PWC, 2018), it’s difficult for estimators and project managers to ensure each project is profitable during the planning phases of a project. This is especially helpful for self-performing general contractors and bid-build projects.

Modeling 234

Modeling Environment Autodesk BIM 234

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. Rarely does a finished project exactly mirror the original plans. If you’re a general contractor, you may send out an invitation to bid via email, fax, online notifications, etc. document management. Management.

Construction 159

Construction Software Software Bidding 159

Viewpoint Construction Technology

APRIL 4, 2017

Large or small, construction jobs can be made easier with the right support system, especially when it comes to management software. Clear communication and transparent project management between contractors, teams, and management make for a smooth workflow and better bottom lines for all involved. Consistent estimating.

Software 130

Software Software Construction Project Management 130

Construction Business Owner

AUGUST 18, 2011

And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. Many State and Federal projects require a contractor to be bonded. government-funded projects), and the surety company. government-funded projects), and the surety company.

Cash Flow 168

Cash Flow Software Software Accounting 168

HardHatChat

FEBRUARY 14, 2024

Our project management system, Procore, allows us to classify subcontractors by category and rate their performance through internal analysis. This is why we ask for detailed qualifications on their bid proposals. This provides us with three things: a) they have reviewed the project enough to understand their scope.

Commercial 295

Commercial Construction Schedule US 295

Building Radar

NOVEMBER 18, 2024

The construction sector is evolving, with tools like Building Radar helping companies streamline project management. By identifying new projects early, Building Radar empowers construction teams to optimize their project planning and resource allocation early project insights.

Management 52

Management Construction Project Management Budget 52

Construction Marketing

DECEMBER 19, 2019

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. Procore gives you the power to manage accurate project budgets with reliable data drawn from the field. SAP S/4HANA.

Software 215

Software Software Construction ProCore 215

Constructonomics

OCTOBER 17, 2013

There is so much risk in doing hard-bid public construction projects that, in my opinion, if you can’t get a very large profit margin (which you can’t) along with a healthy contingency (non-existant), the situation become so risky that it is not even worth doing. And public RFPs are like playing with fire.

Management 174

Management Construction Bidding Profitability 174

Construction Business Owner

JANUARY 5, 2012

Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. Consequently, the bidding climate is very competitive with some work going to people bidding below cost. Project Team Communication & Effectiveness. document management.

Construction 120

Construction Bidding Software Software 120

Job Order Contracting

FEBRUARY 24, 2018

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. Project management and supervision. Office management and equipment. Traffic and work site signs and barriers.

Overhead 100

Overhead Permits Insurance Contract 100

cnstrctr

OCTOBER 17, 2018

Construction is a cut-throat industry, and making your construction business more profitable can be a challenge. Making more money isn’t rocket science, by following our five tips you’ll be increasing your profits in no time! Understanding your competition is key to making your construction business more profitable.

Profitability 60

Profitability Change Orders Construction Schedule 60

Construction Business Owner

OCTOBER 14, 2011

But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. ” Every construction project is a gamble – you’re betting that your estimate is accurate, that labor and material prices don’t go through the roof, etc. Yes, change orders are nearly inevitable.

Change Orders 120

Change Orders Construction Software Software 120

Construction Cost Estimating

APRIL 3, 2017

The software can handle the whole project lifecycle from bid to project completion by providing all-in-one solution for estimating, project management, and accounting. ProContractor is a useful construction software developed by Viewpoint. So, incomparable accuracy can be achieved.

Estimating 40

Estimating Project Management Bidding Management 40

Viewpoint Construction Technology

FEBRUARY 19, 2015

Spectrum’s flexible reporting structure allows you to keep real time tabs on every aspect of your businesses such as job profit trends, change order status, over/under billing, responses to bid invitations, and much more. Project Management. Equipment Management. Materials Management. Service Management.

Software 130

Software Software Construction Change Orders 130

Construction Business Owner

APRIL 2, 2011

« Free Webinar on Reducing Profit Fade. For those of you contractors doing government work: relish the competition involved with bidding. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration.

Construction 159

Construction Software Software Accounting 159

Job Order Contracting

FEBRUARY 17, 2017

Contractor bid extremely low JOC co-efficients (0.50 This “padding” of proposals was done to offset the low adjustment factors bid by the JOC contractors. Additionally, it was difficult for project managers to enforce the use of the CTC, which allowed increased use of Non-Pre Priced (NPP) items.

Contract 100

Contract Long Beach Project Management Bidding 100

Construction Business Owner

JANUARY 5, 2012

I started thinking about how business owners can better manage their companies, and so I created my own short list of New Year’s resolutions for better construction management. It’s often easy to bid on a job, start work, and miscalculate how far along in the project you are versus the amount of money you’ve spent.

Construction 120

Construction Software Software Accounting 120

Lets Build

FEBRUARY 3, 2023

Free eBook: Quick guide to Lean practices for construction professionals 7 ways to minimise the impacts of construction inflation As inflation continues to affect the construction industry worldwide, we must find ways to counteract it or risk losing our already slim profit margins.

Construction 148

Construction Materials Risk Management 148

Job Order Contracting

JULY 29, 2021

Construction Project Delivery Overview & Comparison. Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Bid shopping can occur and actual overhead and profit amounts are unknown. Advantages. Design-Build.

Design 130

Design Bidding Engineering Construction 130

Construction Business Owner

DECEMBER 9, 2011

Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. Committing Intentional Project Communications. Management.

Construction 136

Construction Insurance Software Software 136

Cassell Construction Estimating

JUNE 4, 2009

The trends of the last quarter are continuing – decreasing profit margins, more bidders on every job, and at times companies bidding what appears to be downright foolishly. We’re hearing from several customers who’d fallen behind on their housekeeping, too busy last year with all hands on deck just to run their projects.

Montana 100

Montana Hawaii Bidding Cash Flow 100

Job Order Contracting

SEPTEMBER 28, 2016

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. Project management and supervision. Office management and equipment.

Contract 100

Contract Overhead Insurance Profitability 100

Contractor Bookkeeping

AUGUST 25, 2012

Today's Article Is From James Clements MBA, Director of Project Plan Online. Risk management is now an integral part of any project management system in mature project environments, particularly for small to medium enterprises.

Risk 52

Risk Management Profitability Bidding 52

Autodesk Construction Cloud

DECEMBER 20, 2021

Top Resources for Construction Project Managers. “If If you’re looking for a relaxing profession, choose construction management.” – said no experienced construction project manager ever. The job can be stressful as it continually keeps project managers on their toes. Key Takeaways.

Project Management 52

Project Management Management Construction Risk 52

Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.

Profitability 49

Profitability Contractors Accounting Income 49

Autodesk Construction Cloud

FEBRUARY 7, 2022

Construction projects benefit from maximizing efficiency. To generate profits in an industry known for razor-thin margins, firms need to maintain control over cost and schedule at every phase of construction. It’s easy to lose important documents and updates in email, especially when working on large-scale projects. .

Software 95

Software Software Construction Bidding 95

Job Order Contracting

JANUARY 10, 2021

Profitable partnering for LC. Engineering, Construction and Architectural Management, 8 (4,), 292-303. Engineering, Construction and Architectural Management, 8 (4,), 292-303. Application of lean principles and theory of constraints in project management. International Journal of Project Management, 21(1), 71-76.

Construction 194

Construction Procurement Contract Management 194

Job Order Contracting

JANUARY 4, 2017

The lack of formality over processes and procedures, the extensive use of outside consultants for project management, and relatively no internal program reporting, all contribute to creating the high risk environment. . Long Beach does not have ac ap on how much non-catalog items can be used as a percentage of project cost.

Contract 100

Contract Project Management Consulting Long Beach 100

Building Radar

NOVEMBER 18, 2024

The platform’s AI technology helps sales teams identify potential projects and decision-makers, allowing for more effective outreach and increased conversion rates AI-driven outreach. Data-Driven Insights : Use AI-powered analytics to optimize project bids and improve profitability data analytics in construction.

Construction 52

Construction Sustainability Materials Regulation 52

Pro Builder

DECEMBER 12, 2021

Project Manager Workloads: How Much Is Enough? Note: Front-line field superintendents are known by many names, but for this column, I’ll refer to them as project managers or PMs. A project manager with 20 years’ experience should be able to handle more units than one with five years on the job. Scott Sedam.

Project Management 52

Project Management Management Schedule Site 52

Contractor Bookkeeping

JANUARY 29, 2021

Estimating and submitting bids is one of the most stressful and nerve-wracking sides of your construction business. It is essential to keep in mind that "break-even" in the construction business is challenging to calculate because most projects are one-of-a-kind custom jobs.

Bidding 73

Bidding Construction Accounting Profitability 73

Autodesk Construction Cloud

DECEMBER 13, 2022

Today’s contractors need to be strategic about winning new work to keep their businesses growing and profitable. The answer to that varies based on who you talk to, but there are some common themes, like good communication, a quality product and excellent project management. Project Management is HUGE.

BIM 96

BIM Project Management Bidding Autodesk 96