HardHatChat

SEPTEMBER 6, 2017

Due to a variety of factors – from smaller profit margins following the economic downturn, to the sense of immediacy that’s so pervasive in the modern business world – everyone from our clients on down to our subcontractors are being squeezed for time and asked to deliver commercial construction projects on tighter schedules than ever before.

Schedule 312

Schedule Commercial Drawings Permits 312

Construction Business Owner

APRIL 1, 2011

Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

Cash Flow 120

Cash Flow Construction Software Software 120

Viewpoint Construction Technology

FEBRUARY 4, 2019

In your search for a suitable project management system for your construction business , you will no doubt be faced with the challenge of narrowing down many options. Here are some examples of scenarios that can be greatly improved with an integrated project management system. Job site process. Field staff time tracking.

Software 130

Software Software Construction Documentation 130

Lets Build

DECEMBER 10, 2020

Managing a team of so many people is a herculean task. Construction managers have to keep their eyes and ears open while being on their feet all day long to manage the crowd. Project managers tell us that they spend 40% of their time on site day after day attending meetings, making phone calls, and writing reports.

Management 158

Management Construction Project Management Site 158

Viewpoint Construction Technology

MAY 11, 2017

There are many reasons to adopt integrated construction software , including flexibility, organization, and project management. Using a web- or cloud-based software solution is also the best way to increase your estimate accuracy and improve profitability. It should be a part of your strategy to win more bids.

Estimating 130

Estimating Bidding Viewpoint Construction 130

Construction Business Owner

OCTOBER 14, 2011

He replied, “Well, that depends on the project manager.”. While it’s understandable that every project manager has a different way of managing, the reality is that change orders don’t have room for personal style. Committing Intentional Project Communications. document management. Management.

Change Orders 120

Change Orders Construction Software Software 120

Viewpoint Construction Technology

FEBRUARY 7, 2018

Contractors gather huge amounts of data these days, often through tools like powerful construction management and project management software, technology like drones , and the increased accessibility provided by cloud computing and the Internet of Things (IoT). This knowledge pyramid shows that data is foundational to BI.

Organization 182

Organization Foundation Viewpoint Contractors 182

Viewpoint Construction Technology

JULY 19, 2018

Internally, collaboration is a huge deal for contractors as well. By improving project collaboration across entire teams, contractors are building bigger and better projects, quicker and more efficiently. He has assisted several hundred companies in the selection and implementation of accounting and project management software.

CFMA 173

CFMA Conference Viewpoint Education 173

Contractor Bookkeeping

SEPTEMBER 5, 2013

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

Profitability 49

Profitability Contractors Accounting Income 49

Lets Build

MAY 11, 2022

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. These preliminaries, also called prelims, cover costs for an entire construction project—not for specific work sections or activities. Management and administrative costs.

Contract 144

Contract Construction Site Accounting 144

Lets Build

NOVEMBER 12, 2020

The new normality that was violently introduced not only to our industry but also to our societies, due to COVID-19, calls for a new approach around project management. It will allow you to regain control and keep everyone in your project facing the right direction. But it shouldn’t be like that. Use a single data source.

Industrial 167

Industrial Construction Project Management Claims 167

HardHatChat

OCTOBER 9, 2024

From a brand perspective, especially for large national tenants, factors like employee wages, customer demand, and other local market conditions contribute to deciding whether or not they will sign a new lease deal in a given location. We need to work in a way that mirrors their organization, not vice versa.

Commercial 156

Commercial Retail Remodeling Construction 156

Contractor Bookkeeping

SEPTEMBER 12, 2014

Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? This one thing can have a massive impact on cash flow and profits. Construction Company.

Profitability 48

Profitability Accounting Construction Project Management 48

Autodesk Construction Cloud

JUNE 18, 2022

Table of Contents: What is Construction Management Software? The Benefits of Construction Management Software. Key Features to Look for in Construction Project Management Software. How to Choose the Best Construction Management Software. What is Construction Project Management Software?

Project Management 52

Project Management Software Software Management 52

Construction Business Owner

OCTOBER 12, 2011

The point is that when dealing with a service or purchasing software, it’s important to have a Support department you can rely on. Usually the first department you talk to when dealing with a new company is Sales. While not absolutely necessary, it sure is a nice touch to deal with a real person.). document management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

DECEMBER 1, 2011

Alas, those days are long gone, which means we’re left to manage our fuel consumption or lose profit margins. Recently, some of my colleagues attended a seminar on fuel management by Eric Newton of Comdata. They shared these tips and tricks with me on fuel management. Committing Intentional Project Communications.

Construction 136

Construction Software Software US 136

Autodesk Construction Cloud

JULY 13, 2023

While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. To help you navigate this challenge, we discussed protecting margins with global construction professionals for effective strategies for profitability.

Profitability 98

Profitability Risk Construction Autodesk 98

Viewpoint Construction Technology

NOVEMBER 8, 2018

In some of our Midwestern locations, we have to deal with material, supplies and things like that getting back and forth from the office. It was the accounting software along with project management. With Spectrum, we have trained our project managers to enter their information. Ward: Yes. A lot of those are empty.

Viewpoint 204

Viewpoint Union Software Software 204

Construction Business Owner

MAY 29, 2012

Managing this information overload can be difficult. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. Committing Intentional Project Communications. Better Project Management through Better Communication. document management.

Construction 120

Construction Software Software Cash Flow 120

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

Construction Business Owner

JANUARY 6, 2011

One of the things I enjoy most about my position at ComputerEase is that I have the opportunity to deal with different contractors everyday and have the opportunity to help them with their construction software needs. Committing Intentional Project Communications. Better Project Management through Better Communication.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. If You Know Exactly What To Do.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Construction Business Owner

AUGUST 19, 2011

Then there’s long hours and reams of paperwork and difficult employees to deal with. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Committing Intentional Project Communications. Better Project Management through Better Communication. document management.

Construction 120

Construction Software Software Accounting 120

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 51

Risk Management Profitability Bidding 51

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Predominantly not financial managers and do not understand the value of outsourcing. Spend a good deal of time “putting out the same fires” over and over. Ignoring Profit Centers and Key Performance Indicators (KPI). Value production over planning.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

PSMJ Resources

MAY 31, 2011

Symptoms of an inability to cope include: long-term recurrence of the same problems; replacement of one problem with another; disposing of problems instead of learning from them; dealing with problems through anger; and needing other people to deal with your problems.

Project Management 49

Project Management Deals Education Management 49

Lets Build

AUGUST 3, 2017

Incorporating software in construction projects keeps track of mid-project changes and encourages trouble-free management of processes. Making customers and teams more approachable, signing contracts and closing deals become simple when it’s digitized. Organized Project. Work Allocation.

Software 129

Software Software Maine Management 129

Contractor Bookkeeping

FEBRUARY 23, 2024

Poor Cash Flow Management One of the biggest challenges for construction businesses is managing cash flow. However, you may be in a cash crunch if you don't correctly deal with your cash flow. You need cash to buy materials, pay workers, and keep your business running.

Cash Flow 104

Cash Flow Forecasting Construction Deals 104

Construction Business Owner

MAY 3, 2011

I had to deal with a wide range of people with different backgrounds, personalities, and communications skills. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration. project management.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

NOVEMBER 13, 2023

Furthermore, according to insights from Accenture and Frontier Economics , the construction industry could witness remarkable profit growth—estimated at 71%—through AI integration over the next ten years. Autodesk's early investments in AI At Autodesk, we've always been committed to helping you maximize efficiency and profit.

Autodesk 142

Autodesk Construction Risk Products 142

Construction Business Owner

MAY 17, 2012

That’s a huge deal and a potential company-breaker. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. Management. project collaboration. project management. Is There No Free Lunch or Construction Software?

Construction 120

Construction Software Software Security 120

Contractor Bookkeeping

DECEMBER 13, 2013

Internal Accounting - The part that provides information for the Business Process Management system and generates reports for business owners to read and make decisions about what jobs are profitable and what jobs are not and the reasons why it is that way. Visit [link] to learn more.

Deals 48

Deals Accounting Banking Contractors 48

ProcurementExpress.com

FEBRUARY 11, 2019

You’re dealing with subcontractors, labor shortages, sourcing, and multiple projects on multiple deadlines. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning. Project Management. Document management. Click To Tweet.

Procurement 63

Procurement Plans Construction Budget 63

Construction Specifier

JANUARY 13, 2025

The project uses a self-adhered (SA) roofing membrane and polyisocyanurate (polyiso) insulation. Colby Baker, the project manager of Titan Roofing, the installing contractor, described the task as different than any that he had done before, given the size of the building.

Office 59

Office Housing Sustainability Boston 59

Lets Build

OCTOBER 29, 2020

Good communication is key to the successful delivery of every project in construction. Many project managers tell us that keeping all teams on the same page is one of the biggest challenges they face day after day on the job. Free ebook: Why WhatsApp and Excel aren’t enough for running complex construction projects.

Site 88

Site Claims Project Management Management 88

Lets Build

NOVEMBER 26, 2020

Boost productivity and increase profits. A significant shift towards new technologies is observed in the effort of construction companies to come up with a new normal and deal successfully with competition from both inside and outside the industry. They can’t focus their attention on getting the project going.

Mobility 78

Mobility Construction Site Claims 78

Best Practices Construction Law

NOVEMBER 26, 2012

As a preliminary matter, make sure that you get a written contract when starting a new project and make sure that both parties sign the agreement. Too many times I have represented parties who either "did the deal on a handshake" or "never signed the contract." Project Management Tips.

Cash Flow 48

Cash Flow Project Management Change Orders Agreement 48