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What Causes Construction Project Delays?

Viewpoint Construction Technology

Working with cloud-based, integrated construction software can keep everyone on the same page by providing equipment, materials and worker status visibility, project progress and productivity and timeline transparency — all in real time. Accurate estimating ensures there is always enough money for materials, wages, and more.

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6 Common Causes of Cost Overruns in Construction Projects

Autodesk Construction Cloud

Even though preconstruction and design services may contribute up to as much as 15% of your budget if this process can successfully identify potential issues before construction actually begins, that 15% will be nothing compared to the money saved on the process down the line. Serious Project Design Errors.

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Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

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. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. Identify the Contract.

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7 Steps to Successful Project Closeout

Autodesk Construction Cloud

Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. The first step is to track every part of the project to streamline reviewing legal terms and change orders, for example. Delayed change order resolution.

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Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. Who is Running the Asylum at Foundation Software? At Foundation Software, we try to avoid inmate takeovers by first assigning a lead analyst to oversee design for each project. We then provide a design methodology to follow. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

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Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. « Considering New Accounting Software? Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. Section 179 was designed to provide an attractive tax savings on these purchases.