Job costing is a financial activity that helps construction industry businesses calculate the cost of a project. This process considers all materials, labor, time tracking, and overhead expenses. Proper job costing is vital for setting and meeting budgets, ensuring profitable project development, and meeting deadlines and expectations. How to Calculate Construction Job Costing and What […]
How Centralized Data Helps Trade Contractors Mitigate Project Delays
Decentralized data exacerbates project delays. Construction project management software centralizes data so trade contractors can mitigate project delays.
Measure Construction Job Productivity Accurately With Centralized Labor Data
Centralizing labor data with construction project management software enables trades contractors to accurately measure job productivity
Purchase Orders versus Contracts: What’s the Difference?
In the construction industry, just like any other, there are plenty of nuances that can be confusing. In this entry, we will cover the importance of purchase orders, contracts, their differences and why they matter for your business. First, we must define a couple of key terms. What is a Purchase Order? A purchase order […]
What is a Submittal? How it Works in Construction
What is a Submittal? Submittals in construction are documents, samples, and other information that must be delivered to architects, engineers, consultants, and more on a project before work begins. These are essential for any project because projects run on specifications and plans. This means that subcontractors can use the drawings provided to determine what materials […]
What is an RFI (Request for Information), How to Write One
In the construction industry, an RFI (Request for Information) is an essential tool for seeking clarification and solving questions about project plans and specifications. It acts as a formal way for project teams to ask questions, clarify uncertainties, and address any issues that may arise during the construction process. RFIs facilitate communications between all parties […]
How Decentralized Data Leads to Job Costing Miscalculations (and How to Fix That)
Job costing is one of the most critical aspects of any trade contracting business. “Proper job costing has tremendous effects on your business’s better profitability, project estimating, management decisions, and timely financial reporting,” writes Hannah Nguyen at Irvine Bookkeeping. That’s why “construction job costing requires meticulous attention to detail and monitoring all costs associated with […]
The Hidden Costs of Inefficient Labor Allocation in Construction
Inefficient labor allocation in construction projects can make costs skyrocket. Centralized data through construction project management software helps.
What is Retainage in Construction?
Retainage in construction is a common practice to safeguard project’s completion. Learn the basics and prevent financial burdens with eSUB Cloud.
Smarter Decisions, Better Outcomes: The Role of Centralized Construction Project Data
Construction projects rarely stick to the plan. Changes to projects occur for several reasons, including budget issues, lack of available materials, client requests and other unexpected issues. The only thing that’s absolute is that change in the construction industry is inevitable. Because change is the name of the game, everyone must be able to make […]
Navigating the Crossroads: The High Cost of Inaction for Small Subcontractors in Commercial Construction
Over the past few years, the construction industry has seen a shift toward the adoption of software for project documentation, field communications, and project management. What has become a cornerstone of modern practices in other industries is now becoming a standard practice in construction. Yet, some construction subcontractors remain resistant to this change, often underestimating […]
3 Steps to Improve Worker Mental Health on Construction Job Sites
Worker mental health is a serious problem in the construction industry, but not enough people are talking about it.
Project Management vs Estimating Software: What Should Construction Industry Subcontractors Prioritize
The construction industry, especially for small to mid-sized specialty contractors, hinges on the efficient management of resources and accurate project planning. In this highly competitive sector, the choice between various software tools can significantly impact a business’s success. But what should subcontractors prioritize? While estimating and takeoff software plays a vital role in determining project […]
How Construction Project Management Software Gives Peace of Mind to Trade Contractors
Construction is a stressful occupation. According to a recent survey of workers by StrongArm Technologies, 47 percent of construction workers experience stress on the job. That stress is often caused by fairly unpredictable factors like supply chain issues, weather delays, labor shortages, change orders, and unrealistic deadlines, and it tends to fall heaviest on trade […]
Predictability in Construction: Why You Need It and How to Get It
Delays in construction projects are nearly unavoidable. What is avoidable is the chaos and confusion that often accompany delays, and that have the potential to derail schedule and cost projections. All you need for predictability in construction is the ability to see the future. Lucky for you, construction project management software gives you that power. […]