Lets Build

APRIL 6, 2022

Retainage is a long-standing practice in the industry that can make life challenging for construction workers. Retainage percentages and negotiations. You can also negotiate for variable retainage, which can work in a couple of different ways. Instead, it’s applied to your progress payments.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Autodesk Construction Cloud

JANUARY 10, 2023

Continuing to learn is essential, according to several leading industry professionals. Doing this will help you find innovative solutions to problems you may face, and also keep you engaged and relevant in an ever-changing industry.”. Always be a student of the company you work for and the industry you are working in.

Industrial 98

Industrial Construction Management Site 98

Carol Hagen

JANUARY 3, 2012

The Arizona Construction Salary Survey provides you with the employee compensation benchmarks for budgeting and data for best practices during your salary negotiations. While Monster, Craigslist and Jobing.com usage were more popular, the Arizona construction industry has begun to embrace some social media. “89% of U.S.

Arizona 141

Arizona Construction CFMA Office 141

Construction Business Owner

APRIL 4, 2011

SOFTWARE |. Software & Technology. Industry News. Industry Statistics. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. accounting software.

Construction 120

Construction Software Software Accounting 120

Viewpoint Construction Technology

AUGUST 15, 2018

Within the construction industry, we’ve seen first-hand the approach leading organisations have embarked upon; acknowledging the importance of implementing software technologies as a replacement to manual procedures with the purpose of improving competitiveness through improved business processes, employee productivity and efficiency.

Software 130

Software Software Viewpoint Construction 130

Job Order Contracting

JUNE 8, 2017

Despite the fact that the use of the BIM [1] methodology in Facilities Management is becoming ever more important for all organizations for both economic and environmental reasons, BIM software adoption for facilities operation and maintenance (O&M) remains poor. info@4BT.US. [1] info@4BT.US. [1] Learn more… [contact-form].

BIM 100

BIM Life Cycle Visualization Environment 100

Autodesk Construction Cloud

AUGUST 12, 2022

The construction industry has seen impressive growth over the last several decades, and with that growth has come major opportunities for those who want to take advantage of them. Ultimately, I decided that I wanted to move into negotiating contracts and deals with subcontractors. I joined as a Sr.

Management 97

Management Construction Software Software 97

Cassell Construction Estimating

MARCH 26, 2009

ENR’s forecast for 2009 shows continuing declines in nearly all sectors of industrial, commercial, & residential markets, with modest growth only in public works highway and infrastructure work in 2010. Therefore the companies with solid presence in public works, and negotiated markets are best-positioned for the current recession.

Products 100

Products Sage Estimating Consulting 100

Building Radar

JULY 17, 2024

In the construction industry, procurement plays a crucial role in project success. Strategies for Cost-Effective Procurement Leveraging Technology Adopting advanced procurement software is one of the most effective ways to enhance procurement efficiency and reduce costs.

Procurement 52

Procurement Industrial Construction Software 52

Construction Cost Estimating

AUGUST 9, 2013

Besides, the candidate should be capable of negotiating with sub contractors and contains a sound knowledge regarding industry rates as well as additional structure experience. Successful candidates will be provided a good remuneration package as per his working experience, but it is expected to be in the range of $140k - $160k +.

Estimating 67

Estimating Negotiation California News 67

Autodesk Construction Cloud

DECEMBER 6, 2023

This is why many firms rely on enterprise resource planning (ERP) software to effectively connect tasks like job costing and project management. Unfortunately, most ERP and accounting software aren't built for construction project managers. So, the company chose Autodesk Construction Cloud as its project management software.

Autodesk 98

Autodesk Management Construction Accounting 98

Carol Hagen

SEPTEMBER 8, 2009

Apparently many managers think SharePoint is the defacto industry standard when it comes to collaboration. What SharePoint does best is collaboration when dealing with “working” documents like construction contract negotiations. It may create more silos and IT governance headaches than you bargained for.

Documentation 111

Documentation Bargains Management Negotiation 111

Building Radar

AUGUST 28, 2024

Better Vendor Management : Automated systems enable companies to maintain better relationships with suppliers, track performance, and negotiate more effectively. Integration Capabilities : Integrates with other software like project management tools, accounting software, and CRM systems for a seamless workflow.

Procurement 52

Procurement Aconex Aconex Construction 52

Building Radar

AUGUST 13, 2024

This information enables construction managers to make better decisions regarding supplier selection and contract negotiations. By leveraging these insights, construction companies can negotiate better terms with suppliers and reduce overall project costs.

Procurement 52

Procurement Construction Negotiation Software 52

Buisness Facilities Contributed Content

APRIL 1, 2014

a developer of software solutions, has signed a 10-year lease that essentially doubles the size of its headquarters in Fairfax County, VA. MicroPact, which was represented by Brian Wood, Vice President, CB Richard Ellis, in the lease negotiations, is expected to occupy the new space early this summer. .” MicroPact Inc.,

Virginia 45

Virginia Leases Negotiation Software 45

Fieldwire

JULY 26, 2023

Not only are Fieldwire employees incredibly talented and smart, but a good majority of them came from the construction industry before joining Fieldwire. The power plant was followed by a quick stint of estimating where I learned the ins and outs of construction contracts, Plan / Spec evaluation, costs and negotiations.

New York City 52

New York City Software Software Engineering 52

Job Order Contracting

OCTOBER 25, 2017

Discuss cost estimating or other software that is to be used as well as formats for reporting. The equipment specifications to support the pricing (UPB) software must be planned for and identified in advance. The contractor must equip itself with compatible computer hardware and software so that information can be shared, as required.

Contract 100

Contract Contractors Conference Plans 100

Building Radar

AUGUST 29, 2024

Using construction management software like Procore can streamline cost tracking and project management. This early detection can play a vital role in cost control by allowing teams to adjust procurement strategies and negotiate better terms with suppliers before competitors.

Comparison 52

Comparison ProCore Construction Project Management 52

Building Radar

OCTOBER 2, 2024

Sales teams must master a blend of digital and traditional skills to thrive in the construction industry. Understanding the Need for Balance The Evolution of Sales Skills in Construction The construction industry has experienced significant transformations due to digitalization. Essential Skills for Sales Success 1.

Construction 52

Construction Industrial Software Software 52

Building Radar

JULY 24, 2024

Methods of Dispute Resolution Negotiation Negotiation is often the first step in resolving disputes. Negotiation can be a quick and cost-effective way to resolve disputes without involving third parties. Building Radar’s scalable Revenue Engineering Software helps turn projects into measurable revenue.

Construction 52

Construction Liability Negotiation Contract 52

Building Radar

OCTOBER 2, 2024

Sales teams face a unique set of challenges that require a blend of digital and traditional skills in the construction industry. Traditional sales techniques remain vital, as they foster personal relationships and trust, which are crucial in the construction industry. Building Radar exemplifies how technology can support sales teams.

Construction 52

Construction Organization Software Software 52

Building Radar

SEPTEMBER 5, 2024

In recent years, digital tools have transformed various industries, and the construction sector is no exception. Building Radar’s Revenue Engineering Software also simplifies the procurement process by integrating with major CRMs such as Salesforce and HubSpot.

Procurement 52

Procurement Management Construction Budgeting 52

Building Information Management

NOVEMBER 27, 2014

Leveraging third party software, owners can then compare these IGEs to contractor estimates within seconds. This ability speeds owner-contractor negotiations and mitigates errors/omissions. No other construction cost data is comparable in depth, breadth, or amount of industry usage.

Estimating 40

Estimating Change Orders Construction Negotiation 40

Building Radar

AUGUST 22, 2024

Effective procurement management involves selecting the right suppliers, negotiating contracts, and managing supply chains efficiently. Tools such as project management software, inventory tracking systems, and automated procurement platforms can streamline operations, improve accuracy, and reduce manual work.

Procurement 52

Procurement Construction Resource Inventory 52

Fieldwire

JANUARY 16, 2024

Preconstruction and procurement: Negotiate and sign contracts with subcontractors. For example, the right building software alerts you instantly when a wall lacks sufficient outlets, saving considerable time, labor and energy. Here’s another arena where the right software serves as a key project management strategy.

Project Management 52

Project Management Management Construction Life Cycle 52

Lets Build

JUNE 23, 2023

The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. If you can negotiate payment terms or adjust payment schedules by tracking KPIs, you can keep your profit on track. Cash flow Cash isn’t king – cash flow is.

Profitability 78

Profitability Cash Flow Products Construction 78

Building Radar

OCTOBER 2, 2024

Sales teams are constantly seeking new methods to strengthen their pipelines and improve their chances of winning high-value projects in the construction industry. This allows sales professionals to focus on more important tasks, such as building relationships with prospects and negotiating contracts.

Construction 52

Construction Deals Permits Management 52

Fieldwire

APRIL 24, 2023

Inflation has been hard on the construction industry. The software is also useful for cutting costs during your project’s closing stages. BIM VIEWER Save time and avoid rework with BIM Learn more → IoT Tracking Solutions The Internet of Things (IoT) is a network of sensors and software that collect and exchange data with each other.

Inventory 52

Inventory BIM Construction Materials 52

Chianelli Estimating

FEBRUARY 21, 2022

payroll, timesheets and project tracking software). Procurement becomes its own phase when the financing and timing of material purchases become difficult to manage and end up involving a negotiations process and the establishing of backup plans for when vendors are unable to meet materials requirements. Construction Stage.

Construction 60

Construction Procurement Budgeting Budget 60

Autodesk Construction Cloud

JULY 13, 2023

” This quote primarily relates to personal finance, but his advice also rings true in the construction industry. The bestselling author Robert Kiyosaki famously said that when it comes to wealth, “It’s not how much money you make, but how much money you keep.” As we know, construction is very cyclical.

Profitability 98

Profitability Risk Construction Autodesk 98

Lets Build

JUNE 23, 2023

The entire industry knows the pain of extended payment cycles, especially when profit margins are always tight. If you can negotiate payment terms or adjust payment schedules by tracking KPIs, you can keep your profit on track. Cash flow Cash isn’t king – cash flow is.

Profitability 78

Profitability Cash Flow Products Construction 78

Building Radar

AUGUST 22, 2024

Early planning also allows for bulk purchasing, which can reduce costs and improve negotiating power with suppliers. Implementing procurement software can also provide real-time data on material usage, helping project managers make informed decisions and adjust procurement strategies as needed.

Procurement 52

Procurement Materials Construction Forecasting 52

ProcurementExpress.com

APRIL 15, 2019

Over the next couple of decades, the construction industry will face a profound transformation that will shake up everything from how we order supplies to how we work with machines. is the construction industry’s version of Industry 4.0. In other words, the term represents the digitization of the construction industry.

Procurement 52

Procurement Construction BIM Modeling 52

Building Radar

AUGUST 11, 2024

Construction Management at Risk (CMAR) is a project delivery method that has become increasingly popular in the construction industry due to its unique approach to managing risk and ensuring project success. GMP Negotiations : Setting the GMP can be challenging, especially if the design is not fully developed.

Risk 40

Risk Management Construction Budgeting 40

Pro Builder

JULY 30, 2021

Pondering the inability of most in the industry to adopt such best practices, a quote from the venerable late Dr. W. They’d rather negotiate their way to a solution than manage by brute force. No one tracks those factors, and, as I said above, variance rates are higher than ever across the industry. What trade shortage?” .

Schedule 119

Schedule Bidding Plans Management 119

Building Radar

OCTOBER 2, 2024

The construction industry is undergoing a profound digital transformation, driven by innovations like Artificial Intelligence (AI). AI has made it possible to analyze massive datasets, identify trends, and offer accurate predictions, all of which are essential for the success of construction industry players.

Construction 52

Construction Industrial Security Resource 52

Best Practices Construction Law

JUNE 27, 2012

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations.

AIA 48

AIA Contract Agreement Documentation 48