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Editor’s Note: This is Part 4 of a five-part series on Construction ProjectManagement. Over the past three weeks, we’ve looked at complex construction projects, the people that run them and the technology tools they use. Having real-time data also keeps the owners and financers of the project up to date and ultimately happier.
In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges projectmanagers face on construction projects. Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster.
Financing is a critical component of construction projects, influencing everything from project scope to execution. Understanding the regulations surrounding construction projectfinancing is essential for developers, contractors, and stakeholders. Debt financing is often secured by the assets of the project.
General Management. Accounting & Finance. People Management. Equipment Management. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. Committing Intentional Project Communications.
It’s the vision of where you are going, recognizing that today’s construction accounting software impacts more than the finance department. Construction Accounting systems are key to operations with integrated projectmanagement. Outsourcing and managed services are becoming common place.
From initial ideas and inspiration to securing planning permission and effective projectmanagement, planning is the most important part of any self-build project. This is where a professional projectmanager can help.
General Management. Accounting & Finance. People Management. Equipment Management. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. Today’s Cloud Security. INSURANCE |. EQUIPMENT |. Software & Technology.
Additionally, the conference will offer 22 CPE Accredited Training Workshops that will bring vital training on a wide range of topics, such as architecture, design and BIM, building solutions, materials and sustainable building, safety, security and building, regulation, marketing tools, business skills and innovation. Contracts Managers.
Additionally, the conference will offer 22 CPE Accredited Training Workshops that will bring vital training on a wide range of topics, such as architecture, design and BIM, building solutions, materials and sustainable building, safety, security and building, regulation, marketing tools, business skills and innovation. Contracts Managers.
General Management. Accounting & Finance. People Management. Equipment Management. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. Committing Intentional Project Communications.
General Management. Accounting & Finance. People Management. Equipment Management. Turn Construction Data into Business Answers » Data Security in the Cloud. People I’ve talked to say it’s because they’re unsure of the security surrounding their business data. INSURANCE |. EQUIPMENT |. Green Building.
General Management. Accounting & Finance. People Management. Equipment Management. Better ProjectManagement through Better Communication » 4 Criteria to Consider When Choosing a Hosting Service. Geographically secure data backup. And last, but not least…Security. INSURANCE |.
General Management. Accounting & Finance. People Management. Equipment Management. Today, new software applications – in job cost accounting, projectmanagement, estimating, etc. They do it faster and with greater security than spreadsheets. Committing Intentional Project Communications.
General Management. Accounting & Finance. People Management. Equipment Management. Public Exposure and Liability on Construction Sites » Better ProjectManagement through Better Communication. Hopefully, you’ve had the chance to consider how deliberate your project communications are.
General Management. Accounting & Finance. People Management. Equipment Management. But this raises other concerns, security usually topping the list. With good administration and strong encryption, web-based storage can be made just as secure as your own company system. document management.
General Management. Accounting & Finance. People Management. Equipment Management. Silos: Great for Grain, Not so Great for Business » Choosing a Cloud Host: Data Security. One key issue to consider is data security. Onsite Hosting and Security. Committing Intentional Project Communications.
General Management. Accounting & Finance. People Management. Equipment Management. Not too long ago, or so it seems, we were more than ecstatic at the idea of being able to call our projectmanagers in the field on mobile phones. Committing Intentional Project Communications. INSURANCE |. EQUIPMENT |.
Too often, there is a disconnect between a building owners needs and what ends up being designed, specified, and installedespecially in the industrys focus on securing openings. Perhaps end-users security preferences are not documented adequately and shared with design and construction professionals. Look at the conduit.
General Management. Accounting & Finance. People Management. Equipment Management. He replied, “Well, that depends on the projectmanager.”. While it’s understandable that every projectmanager has a different way of managing, the reality is that change orders don’t have room for personal style.
General Management. Accounting & Finance. People Management. Equipment Management. « Choosing a Cloud Host: Data Security. Free Webinar: Managing Information Overload » Silos: Great for Grain, Not so Great for Business. Committing Intentional Project Communications. document management.
In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.
General Management. Accounting & Finance. People Management. Equipment Management. Some projectmanagers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” Committing Intentional Project Communications. document management. Management.
In your search for a suitable projectmanagement 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 projectmanagement system. Job site process. Field staff time tracking.
General Management. Accounting & Finance. People Management. Equipment Management. Most of all, I learned that workforce management and structuring your company appropriately is one of the biggest challenges contractors face. Committing Intentional Project Communications. document management.
General Management. Accounting & Finance. People Management. Equipment Management. Gregg is a consultant with FMI and specializes in the areas of productivity and projectmanagement. Committing Intentional Project Communications. Better ProjectManagement through Better Communication.
General Management. Accounting & Finance. People Management. Equipment Management. Last time we discussed security. Committing Intentional Project Communications. Better ProjectManagement through Better Communication. document management. Management. project collaboration.
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