Viewpoint Construction Technology

MAY 7, 2019

But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly. For instance, many projects require the use of selected materials only and limit certain types of materials or additives. Not any longer.

Materials 247

Materials Software Software Management 247

Viewpoint Construction Technology

OCTOBER 25, 2017

Whether you’re an owner, executive, project manager, or job supervisor, it’s important to know what’s happening in your business and how you stand next to the competition. When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits.

Risk 217

Risk Schedule Profitability Viewpoint 217

Lets Build

APRIL 21, 2023

What’s your biggest fear as a construction project manager? Keeping a detailed daily construction report is useful for more than tracking project progress and productivity; it decreases your risks of experiencing those fears that keep you up at night. Another risk that project managers face is schedule overruns.

Project Management 146

Project Management Construction Site Management 146

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Project Management & accounting software plays a vital role for construction companies. Now-a-days industry-specific project management software plays an important role for expanding integrated project management modules to participate with the leading stand-alone project management systems.

Project Management 40

Project Management Software Software Accounting 40

ProcurementExpress.com

FEBRUARY 11, 2019

How ProcurementExpress.com Helps Construction Teams Manage Purchases Across Different Budgets–click here to access the full list. Multiple Projects at Once. Different projects require specific materials and often involve working with several subcontractors. Project Management. Document management.

Procurement 63

Procurement Plans Construction Budget 63

Lets Build

JULY 29, 2022

You can achieve this by focusing on clear communication between every party, including subcontractors, project managers, the customer, and project stakeholders. Ultimately, when you complete a project on time and on budget and provide true value to your customer, it’s a win for everyone involved.

Construction 147

Construction Schedule Materials Plans 147

ProcurementExpress.com

JULY 15, 2019

On the accounting side, AP can quickly review pending orders and make notes in real-time, rather than circling back to ask a worker or a project manager for the context of an order placed months ago. Approvers receive notifications any time a requisition comes in, and they can check that PO against what’s still available in the budget.

Cash Flow 68

Cash Flow Contractors Budget Budgeting 68

Building Radar

AUGUST 28, 2024

The rise of construction procurement automation tools has revolutionized how companies manage their supply chains, enabling them to streamline processes, reduce costs, and enhance overall efficiency. For more on the evolution of supply chain management in construction, check out this article on supply chain evolution.

Procurement 52

Procurement Aconex Aconex Construction 52

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Are there pending shipments holding up the project?

Documentation 81

Documentation Contract Site Budget 81

ProcurementExpress.com

FEBRUARY 11, 2019

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Procurement 52

Procurement Plans Construction Budget 52

Autodesk Construction Cloud

NOVEMBER 8, 2022

It also includes managing the relationships between various parties within the supply chain—including manufacturers, suppliers, contractors, owners, and more. . Successful supply chain management moves construction materials quickly and cost-effectively. Strategies to Improve Construction Supply Chain Management .

Management 98

Management Construction BIM Materials 98

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account.

Work in Progress 52

Work in Progress Accounting Inventory Budget 52

Fieldwire

FEBRUARY 14, 2022

Firms with healthy marketing budgets might also enlist the services of a marketing or public relations consultant for assistance in marketing efforts. Investment in equipment maintenance, along with up-to-date inventories and maintenance records, can help avoid costly down time and inefficient performance.

Profitability 98

Profitability Contractors Management Contract 98

Constructonomics

JULY 2, 2021

Since the concerns around sourcing materials continue, the construction businesses will probably look for permanent homegrown suppliers and try to maintain bigger inventories of basic materials to prepare for similar delays and disruptions in the future. Increased Demand But Tight Budgets.

Industrial 100

Industrial Construction Safety Guidelines 100

ProcurementExpress.com

JULY 15, 2019

On the accounting side, AP can quickly review pending orders and make notes in real-time, rather than circling back to ask a worker or a project manager for the context of an order placed months ago. Approvers receive notifications any time a requisition comes in, and they can check that PO against what’s still available in the budget.

Cash Flow 52

Cash Flow Contractors Budget Budgeting 52

Lets Build

SEPTEMBER 11, 2023

Seamless management can improve efficiency, simplify complexities, minimize costs, and prevent delays. As such, small construction businesses should invest in construction management software to deliver high-quality projects in the allotted budget and time.

Management 78

Management Construction Software Software 78

Job Order Contracting

JUNE 26, 2017

Facilities Operations & Maintenance Management considerations span several areas. Budgeting/Capital Planning. Budgeting/Capital Planning. Post construction costs average 80% of total facilities investment thus emphasis upon O &M budgeting and capital planning provides major benefits. Space management.

Management 100

Management Life Cycle Education Organization 100

Lets Build

SEPTEMBER 1, 2023

Seamless management can improve efficiency, simplify complexities, minimize costs, and prevent delays. As such, small construction businesses should invest in construction management software to deliver high-quality projects in the allotted budget and time.

Management 78

Management Construction Software Software 78

Autodesk Construction Cloud

MAY 5, 2023

Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.

Office 52

Office Autodesk Accounting Project Management 52

BD+C

SEPTEMBER 26, 2024

The Benefits of Construction Project Portfolio Management 1 kcichowicz Thu, 09/26/2024 - 09:45 In project-driven organizations, high performance means delivering the right projects, on time and on budget. 69% of them have integrated their project management systems with multiple tools for projects and portfolios.

Management 52

Management Construction Budget Budgeting 52

ProcurementExpress.com

JANUARY 2, 2019

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account.

Work in Progress 40

Work in Progress Accounting Inventory Budget 40

ProcurementExpress.com

AUGUST 12, 2019

These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . The problem is that supers and project managers often skip out on daily reporting or breeze through the steps. Are there pending shipments holding up the project?

Documentation 52

Documentation Contract Site Budget 52

The Korte Company

MARCH 11, 2019

One of the key benefits of choosing Design-Build for your healthcare construction project is improved information sharing among teams. Interior designers stay in close contact with project managers and have a running start as they ensure all applicable local rules are followed. Budget considerations.

Design 75

Design Utah Renovating Inventory 75

Building Information Management

JULY 20, 2012

The GSA, for example doesn’t even have a centralized, efficient project delivery method for facility renovation, repair, sustainability and minor new construction projects, despite the fact these processes are readily available. Further the GSA has yet to get control of its inventory and related efficient use of space.

Sustainability 49

Sustainability Security United States Tennessee 49

Building Information Management

JUNE 20, 2012

You can’t manage what you don’t measure. Requirements for facility life-cycle management, efficient repair/maintenance/sustainability, BIM. Inventory of Built Environment. Provide for greater transparency and credibility in budget development, decision making, and budget execution. Budget call process.

Life Cycle 61

Life Cycle BIM Management Inspections 61

Building Radar

AUGUST 22, 2024

Efficient procurement of construction materials is crucial for the success of any construction project. From managing costs to ensuring timely delivery, the strategies employed in procurement can significantly impact both the budget and the timeline of a project.

Procurement 52

Procurement Materials Construction Forecasting 52

Rory Woolsey

JANUARY 16, 2012

I have figured that I have facilitated about 8,500 hours of classes on estimating, Job Order Contracting, and project management related topics. We construction estimators are at the front end of this cycle and should expect a busier year for budget estimating. Labor Productivity? construction consultants.

Estimating 45

Estimating Overhead Construction Contract 45

Building Radar

AUGUST 5, 2024

The integration of Building Information Modeling (BIM), artificial intelligence (AI), and advanced project management software has streamlined processes and improved efficiency. CBRE highlights that these technologies are not only enhancing productivity but also enabling better project outcomes through data-driven decision-making.

Commercial 52

Commercial US Industrial Construction 52

Autodesk Construction Cloud

DECEMBER 12, 2021

How do you measure project success? Is it over or under budget? As owners and project executives usually are looking at high-level metrics, it’s easy for teams to get driven purely by the money. Construction teams need to track more than financials to determine a project’s success. And by how much? Key Takeaways.

Profitability 52

Profitability Products CFMA Construction 52

Autodesk Construction Cloud

DECEMBER 18, 2021

The contractor or project manager needs to be sure that all parts of the project are truly complete and that the last components installed look as good as the first. Release any borrowed or rented equipment as you close out the relevant portions of the project.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Contractor Bookkeeping

OCTOBER 7, 2013

You own that accounting data and you get the benefits of frequent back-ups and professional-level security, which you probably don’t have the staff, budget or infrastructure to provide in your own office. No Inventory Reporting. Two Very Important Things To Make Certain You Get! #01 02 Qualified Accounting firm To Act As Liaison.

Accounting 48

Accounting Contractors Documentation Profitability 48

Contractor Bookkeeping

FEBRUARY 14, 2014

Any Combination With An Inventory Of Rental Properties. We determine the scope of services and establish a fixed monthly amount so you can manage you budget. Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience.

FAQ 49

FAQ Contractors Accounting Security 49

Buisness Facilities Contributed Content

JUNE 19, 2014

Site awareness for statewide project managers and Georgia Allies partners. The City of Spokane Valley has also implemented a Certified Site Program, which provides an inventory of industrial/commercial sites that have undergone a rigorous pre-qualification process. GETTING CERTIFIED IN WISCONSIN.

Site 66

Site Wisconsin Certification Georgia 66

Building Information Management

DECEMBER 2, 2012

In an industry known for construction delays and cost overruns, high quality BIM projects are being built on-time (or even early) and significantly under budget. Messner was also a principle investigator on two Globalization projects for the Construction Industry Institute. NBIMS Content – OmniClass.

BIM 45

BIM Conference Education CAD 45

Building Radar

NOVEMBER 25, 2024

AI-Driven Predictive Analytics Forecasting Project Outcomes Predictive analytics powered by AI is transforming how construction projects are managed. By analyzing historical data and current project metrics, AI models can forecast potential outcomes, such as project completion times and budget adherence.

Construction 52

Construction Forecasting Resource Risk 52

Building Information Management

DECEMBER 2, 2012

In an industry known for construction delays and cost overruns, high quality BIM projects are being built on-time (or even early) and significantly under budget. Messner was also a principle investigator on two Globalization projects for the Construction Industry Institute. NBIMS Content – OmniClass.

BIM 40

BIM Conference Education CAD 40

Building Information Management

JUNE 22, 2012

We determined that most functions performed above the Facility/Cantonment Area level differed mainly in scope and scale rather than in content including: program management; policy development and implementation; performance measurement; providing subject matter expertise; budget formulation, advocacy and execution; and funding allocation.

Management 45

Management Contract Sustainability Life Cycle 45