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Autodesk Build Brings Multi-Currency to Cost Management 

Autodesk Construction Cloud

With the release of Multi-Currency in Autodesk Build and BIM 360 Cost Management, teams can now easily manage supplier contracts, change orders, payment applications, and expenses in different currencies. . Any gains or losses are easily visible and can be used as the basis for forecast adjustments. . invoices, pay apps, etc.)

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The importance of keeping construction daily logs for every site activity

Lets Build

Daily reports are how everyone involved in the project tracks progress , performance, and productivity. Your construction and maintenance daily log is crucial for: Protecting against disputes Tracking on-site activities Keeping stakeholders in the loop Improving productivity Minimising delays 1.

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Better understanding your project data can help significantly boost productivity and profitability on current projects, as well as better plan future ones. Here are just a few of the key benefits: Improving Jobsite Processes and Productivity. Diving Deeper into Construction Data. Bidding Smarter and Winning More Work.

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Construction Cost Codes: Everything You Need to Know

Autodesk Construction Cloud

Given the continually changing nature of construction projects, accurately managing and executing construction costs is critical to the project’s financial outcome. A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. . Cost Control .

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Improving Renovation, Repair, and Maintenance Project Delivery

Job Order Contracting

The way to deliver 96%+ of renovation, repair, and maintenance projects on-time, on-budget, and at the appropriate level of quality is to enable collaboration with contractors and other expert service providers. – 2016, Arizona State University – Job Order Contracting Performance Survey-2015. Higher quality work product.

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Electrical contractors leverage technology to improve project efficiency

Fieldwire

From turning cost estimates into a schedule of values (SOV), planning and forecasting of labor and aligning with the contract schedule, to maintaining detailed recordkeeping for field teams—it’s a process that can be labor-intensive, time-consuming and frustrating.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

WIP figures refer to products that are part-way through the production or assembly process. They also serve as a way to check up on the financial health of your organization and ensure that you’re budgeting and forecasting accurately. Which then throws everything off from revenue forecasting to budgeting.