Viewpoint Construction Technology

JANUARY 10, 2018

Only 25 percent of construction projects are finished within 10 percent of their original deadlines, and 35 percent of costs in the construction industry can be attributed to material waste and rework. The construction industry hasn’t been the quickest adopter of technology. Get on the same page with construction software.

Software 217

Software Software South Carolina Change Orders 217

Contractor Bookkeeping

JANUARY 7, 2022

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the microlocal economy can plan and earn an expected profit after paying themselves a reasonable salary.

Industrial 89

Industrial Forecasting Construction Profitability 89

Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. This adds up to smarter, safer projects that are ultimately more profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. But they also know that working smart helps limit issues.

Contractors 296

Contractors Software Software Accidents 296

Viewpoint Construction Technology

OCTOBER 23, 2018

Data analytics and business intelligence have become hot topics in construction as firms are seeing the benefits other industries are realizing. The industry as a whole is looking for ways to help contractors get smart about data. Several construction data trends have emerged recently. Diving Deeper into Construction Data.

Construction 241

Construction Software Software Cash Flow 241

Viewpoint Construction Technology

MARCH 14, 2018

At Viewpoint and throughout the construction industry, productivity has been a popular topic of discussion. People are right to be concerned, since in 2017, McKinsey Global Institute found the construction industry’s labor productivity only improved 1 percent globally over the past 20 years. Cut Down on Labor Hours. Aid Recruitment.

Products 221

Products Software Software Project Management 221

Construction Enquirer

JULY 26, 2023

Shed and multi-room building contractor Winvic saw pre-tax profits fall for the first time after two jobs secured before the pandemic ran into loss. Pre-tax profit nosedived a third to £10.5m Managing director Simon Girardier forecast that revenue would slip back next year to £950m as the economy slowed.

Profitability 65

Profitability Security Forecasting Infrastructure 65

Construction Business Owner

APRIL 1, 2011

Industry News. Industry Statistics. Healthy Competition » Free Webinar on Reducing Profit Fade. The buzz at this year’s ConExpo-ConAgg certainly indicated that this is a hopeful time for the construction industry, or at least a time of cautious optimism. Equipment Management. Resource Center. Ask the Expert.

Cash Flow 120

Cash Flow Construction Software Software 120

HardHatChat

MAY 15, 2013

We thought it might be a good time to check-in on the performance of the hotel industry and hospitality construction trends. Luxury stand-alone hotels in large urban areas, mid-market hotels geared toward business travelers and budget stay family friendly hotels have all helped boost the commercial construction industry this year.

Contractors 222

Contractors Chicago Commercial Travel 222

Construction Equipment

OCTOBER 8, 2015

The trucking industry is preparing for a downturn in demand, reports The Wall Street Journal. Trucking demand spiked earlier this year due to inventory stockpiling in the second quarter as West Coast ports caught up with backlogs of imports that accumulated during a labor dispute.

Forecasting 48

Forecasting Profitability Inventory Retail 48

Autodesk Construction Cloud

AUGUST 11, 2021

Without being able to accurately forecast cash flow, making important decisions about the future of your firm or projects is a risky venture at best. The challenge with forecasting is that it’s often a time-consuming process making sense of scattered data , various spreadsheets, and multiple disconnected processes or systems.

Cash Flow 52

Cash Flow Forecasting Autodesk Construction 52

Autodesk Construction Cloud

JANUARY 17, 2024

Research from Gordian found that in 2023, the construction industry saw a 5.3% Decision 1: How to improve asset and portfolio performance Whether you're managing one or 50 facilities, actively monitoring and improving performance is critical to long-term profitability. And with the state of the economy—i.e.,

Autodesk 122

Autodesk Construction Forecasting Safety 122

Autodesk Construction Cloud

MARCH 23, 2022

Construction industry statistics and data are playing an increasingly important role in the building sector. Undoubtedly, the construction industry is very complex. Below, we’ll provide you with all the important construction industry statistics you need to understand the current state of affairs. State of the Industry.

Statistics 98

Statistics Industrial Autodesk Construction 98

Construction Business Owner

SEPTEMBER 1, 2022

It’s the careful balancing of stocking enough inventory to meet your construction company’s needs without unnecessarily tying up cash — is an essential component of keeping your business running profitably and productively. The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be.

Inventory 190

Inventory Resource Construction Materials 190

Buisness Facilities Contributed Content

DECEMBER 30, 2013

In the United States, the office leasing forecast is brighter based on the market seeing demand diversifying and supply dwindling. Overall, Jones Lang LaSalle is forecasting office rents to grow at a 5.5 There remains a wide variation in leasing momentum across geographies around the world.

Commercial 110

Commercial Leases Forecasting Office 110

Viewpoint Construction Technology

APRIL 4, 2017

Web-based software has changed the face of the construction industry. Web-based construction software can help you increase estimate accuracy and improve the profitability for the work you gain. Informed and successful project managers help ensure projects stay profitable. Consistent estimating. Organized work order management.

Software 130

Software Software Construction Project Management 130

Autodesk Construction Cloud

JULY 31, 2023

To fulfill project and profit expectations consistently – and provide fulfillment for workers themselves. In The Construction Executive's Guide to Protecting Margins , we asked six industry leaders (and a colleague in engineering) how they’re managing profits, projects, and people. As we know, construction is very cyclical.

Profitability 52

Profitability Construction Innovation BIM 52

Autodesk Construction Cloud

JUNE 23, 2022

You need to be there during the planning, design, and construction phase, and everything you do is about maximizing profitability by managing the project’s timeline, budget, and quality. This isn’t an easy task, particularly in an industry like construction, where margins are notoriously low. . Visibility, Transparency, Accessibility.

Project Management 97

Project Management Management Forecasting Profitability 97

Construction Enquirer

MAY 23, 2023

Ferrovial Construction UK suffered a £30m loss last year after big provisions for forecast losses on the £2bn Silvertown Tunnel project in East London. of forecasted losses. He said that across the rest of the UK business portfolio, Ferrovial made an underlying EBIT profit of £22m. This figure is made up of £19.6m

Forecasting 81

Forecasting Construction Profitability Sustainability 81

Construction Cost Estimating

FEBRUARY 24, 2014

building industry stimulates the sale of excavators and bulldozers. in New York, which was considered the biggest profit since November 2011. in New York, which was considered the biggest profit since November 2011. It is also expected that profit will be $5.85 The average of 13 estimates compiled by Bloomberg was $55.5

Estimating 45

Estimating Forecasting Construction Equity 45

Autodesk Construction Cloud

NOVEMBER 22, 2021

Maintaining profitability on any given project is a challenge that many AEC firms face. It’s no secret that the construction industry has some of the lowest margins out there; data from Camino Financial states that the construction industry has an average net profit margin of just 5%. Bottlenecks affect productivity.

Profitability 52

Profitability Autodesk Accounting US 52

Carol Hagen

MAY 30, 2012

I wrote this in hopes of helping the construction industry become more successful and promoting the importance of networking with your peers. The CFMA is a great organization, has local chapters across the country and the members will tell you that “Building Profits” Magazine alone is worth the price of membership.

CFMA 129

CFMA Construction United States Contract 129

Lets Build

JULY 14, 2020

The construction industry in numbers. As reported by McKinsey & Company , the growth of labour productivity in the construction industry has averaged just 1% a year over the last twenty years on a global scale. The need for a more collaborative and innovative approach in the industry is stronger than ever.

Software 153

Software Software Construction Industrial 153

Contractor Magazine

SEPTEMBER 5, 2012

The Home Improvement Research Institute (HIRI) has just released its September 2012 forecast for the size and trends in the home improvement market. TAMPA, FLA. -- The Home Improvement Research Institute (HIRI) has just released its September 2012 forecast for the size and trends in the home improvement market. Advertisement. ); //.

Products 56

Products Forecasting Contractors Retail 56

Construction Business Owner

JUNE 8, 2011

Industry News. Industry Statistics. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. If you haven’t already done so, now is the time to hone your processes to the point where you are making profit on even small projects. Equipment Management. Resource Center. Ask the Expert. Publications.

Construction 120

Construction Software Software Equity 120

Autodesk Construction Cloud

JANUARY 9, 2024

In 2023, the construction industry grappled with the lingering effects of supply chain disruptions, inflation, and ever-present labor shortages —a narrative that has become all too familiar. Moreover, Reportlinker forecasts the global construction market to see a 17.2% And things continue to look up: Data from Deloitte shows a 7.4%

Construction 137

Construction Autodesk Industrial Sustainability 137

Construction Business Owner

APRIL 5, 2021

For example, if each clash costs $3,500 per instance (PWC, 2018), it’s difficult for estimators and project managers to ensure each project is profitable during the planning phases of a project. Autodesk Construction Cloud’s CDE empowers teams to remain on the same page when planning and forecasting a project. The MacLeamy curve.

Modeling 167

Modeling Environment Autodesk BIM 167

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 Equipment

OCTOBER 22, 2015

Full-year earnings guidance was reduced to adjusted profit of $4.60 per share from $4.70, which the company forecast in July. Caterpillar also said that it now expects 2016 revenue to fall about 5 percent, with declines across each of its major segments including construction, energy & transportation and resources industries.

Forecasting 48

Forecasting Profitability Transportation Resource 48

Construction Business Owner

MAY 11, 2011

Industry News. Industry Statistics. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. If you haven’t already done so, now is the time to hone your processes to the point where you are making profit on even small projects. Equipment Management. Resource Center. Ask the Expert. Publications.

Construction 120

Construction Software Software Equity 120

Autodesk Construction Cloud

FEBRUARY 22, 2022

Construction innovations are progressing rapidly, and the industry now has a tremendous amount of resources to advance construction technology. There’s never been a more exciting time to be a part of the construction industry. Here are 8 innovations we believe will shape the future of the industry as we know it today.

Innovation 98

Innovation Construction Resource Safety 98

Lets Build

JANUARY 20, 2023

If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. Free eBook: Quick guide to Lean practices for construction professionals 2.

Site 148

Site Construction Documentation Products 148

Autodesk Construction Cloud

JANUARY 19, 2022

Cash flow can make or break any business, especially in the construction industry. The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships. Choose projects with profitable estimates. Almost 9 out of 10 construction projects worldwide go over budget.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Contractor Bookkeeping

FEBRUARY 28, 2014

Cash flow issues kill contractors even though they have profit. Look at financial data as time allows and in a historical context only, no forecasting. Ignoring Profit Centers and Key Performance Indicators (KPI). Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template).

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Business Facilities

JULY 17, 2014

Data centers are generally multi-tenant Internet hosting data centers or single tenant enterprise data centers with minimum requirements for their telecommunications infrastructure specified by the Telecommunications Industry Association’s TIA-942 Telecommunications Infrastructure Standard for Data Centers. 65,000 square feet of Biology Labs.

Industrial 54

Industrial Chicago Michigan Illinois 54

Construction Business Owner

SEPTEMBER 13, 2011

Industry News. Industry Statistics. The bigger the company, the more important it is to have a solution that can forecast and budget for the future. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

JANUARY 17, 2022

In this episode, he highlights some of the challenges and opportunities the industry will face in the coming year. Guidance on how to tackle the biggest challenges facing the construction industry. How the newly passed infrastructure bill will impact the industry outlook. “In What’s the state of the industry right now?

US 98

US Construction Infrastructure Industrial 98

Building Radar

OCTOBER 15, 2024

Understanding the construction market size report is crucial for industry stakeholders, including investors, contractors, and manufacturers. A comprehensive construction market size report typically includes data on market growth rates, trends, and forecasts over several years.

Construction 52

Construction Forecasting Commercial Industrial 52