Bad bookkeeping habits can set your construction company up for disaster. Bookkeeping is a significant accounting function for determining the financial health of your company. If you are not diligently recording transactions in an organized manner, your financials will be a mess. With messy financials, how can you confidently make decisions and ensure the profitability […]
4 Tips for Successful Software Implementation in Your Construction Business
The 2017 JBKnowledge survey shows that construction technology is a growing industry. Construction software and construction technology can improve companies. They make your construction business more productive and use fewer resources. New construction software can be a great investment for your business; however, you have to implement it to see the full results. Implementation can […]
What is a Construction Project Engineer? (A Day In The Life)
Looking around a job site, you might see a construction project engineer along with foremen, and even a superintendent and wondered how all these jobs are different. It’s easy to understand the confusion. Those three collaborate on project schedules and are in a supervisory role on a project. However, a construction project engineer’s job is […]
How to Write a Construction Delay Claim
Many construction projects experience delay in some form. However, not all delays will cause a project to finish late. On the other hand, despite any and all best efforts to mitigate risk, one early delay can cause a domino effect of delays to derail a project completely. As a result, contractors may be entitled to […]
5 Reasons to Start Using a Construction Project Management App
One of the easiest ways to connect the field and office is with a construction management app. Since 83.1% of JBKnowledge respondents find mobile devices to be very important in construction. Tablets and smartphones are increasingly common on the construction site, so any construction management software must work on them. If that isn’t reason enough […]
Business Process Improvement Tools Every Subcontractor Needs
As the popular saying goes, “The biggest room in the world is the room for improvement.” It does not matter how successful a company has become. Every successful business always has room to make processes more efficient. Because when doing so, that is where real growth occurs – growth in productivity, growth in projects, and […]
How To Improve The Adoption of New Construction Technology On The Job Site
Congratulations, your construction company has decided to take steps into the world of technology. It is an exciting time that will make your team more productive. Purchasing construction technology is the first step. The next step, and albeit the biggest challenge, is implementation. According to an IDC report, 25% of IT projects fail, and another […]
4 Reasons Companies are Moving to Cloud-Based Project Management Software
Over the past several years, cloud-based project management software has grown exponentially. So much so that it’s rare to find any project management software that isn’t cloud-based. Companies have hundreds of reasons for moving to the cloud, but these are the biggest: 4 Reasons Companies are Moving to Cloud-Based Project Management Software. 1. It’s […]
Proven Time Management Strategies for Construction Project Managers
How many times have you said to yourself, “I wish I had more time?” With one extra hour, day, week, or month, you would have enough time to complete everything thrown on your plate. Such is the life of many construction project managers who manage complex projects. When those projects do not meet deadlines, they […]
List of Construction BIM Benefits for Contractors
Building Information Modeling (BIM) utilizes a 3D visual representation to plan, design, and collaborate during the construction lifecycle. Similar to other construction technology, BIM has been around for a while but is starting to gain traction. The advancements of mobile devices and cloud-based software are facilitating the adoption of technology by contractors. Adoption of BIM […]
6 Must-Haves for Construction Safety on the Job Site
6 Must-Haves for Construction Safety on the Job Site The Department of Labor’s Bureau of Labor Statistics shows that workplace injuries are declining. In part due to a better knowledge of how the body works and how to avoid injury, but it’s also due to better equipment. Construction is still a dangerous industry with […]
4 Applications for Augmented Reality in Construction Management
4 Applications for Augmented Reality in Construction Management Augmented reality in construction management might seem like a huge expense. However, early adopters are finding the time and financial benefits to using augmented reality and building information modeling on their projects. More companies are investing in applications and wearables for augmented reality. And many are focusing […]
Making a Case for New Project Management Solutions
By Shannon Cruz, Software Advice To many workers in the field, it may be obviously that your construction company needs a new project management solution. The challenge lies in convincing higher-ups that’s indeed the case To get buy-in from executives, you have to demonstrate how new software will improve the company’s bottom line and overall […]
eSUB Guide: How do Construction Loans Work?
Before the ground breaks on a construction project, one of the very first things to accomplish is securing financing. New property development costs can range from hundreds of thousands of dollars to hundreds of millions of dollars. Property developers and building owners secure construction loans to undertake these projects. The construction loan process can be […]
Benefits of Being a Subcontractor vs Independent Contractor
Benefits of Being a Subcontractor vs. Independent Contractor There’s a draw to being your own boss and setting your own hours and rates. However, before you start your own business, it’s important to decide what you want to do. You have to weigh the benefits and the risks of being a subcontractor vs. independent contractor, […]