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Construction and Project Management Software |
Because the construction management process is highly specialized and complex, traditional accounting software programs are generally not enough to leverage the full potential of cost efficiency and improved production for construction projects. While it is possible to purchase multiple programs that address each step of the construction project management cycle, construction software products have the advantage of combining all of the separate processes into one package so that all data is shared within a central location. |
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Construction Cost Estimating: Common Sources of Errors |
 Few cost estimates for bidding on construction projects are made that do not contain errors of one kind or another. Too many errors on the plus side can be a major reason for a bid not being competitive. Too may errors on the minus side can cause the contractor to lose money if awarded the contract. |
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Outline of Construction Financing Sources |
While most contractors are generally not directly involved with the financing of a construction project, understanding the process of financing and how it relates to a construction business is extremely important. The following outlines many of the most common sources for obtaining construction loans. |
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When to Bid or not Bid a Project |
The decision to bid or not bid a project is often times one of the greatest dilemmas a contractor faces following an inquiry to bid. Often times, the immediate temptation is to bid on most projects that become available in order to keep work coming in and avoid idle production.
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Equipment Maintenance Management on Construction Projects |
While cost information for specific equipment operations generally varies depending on region, there are certain factors that affect cost regardless of location or ownership. Equipment management takes into account the combination of these factors. Good equipment management must incorporate a carefully planned and well-executed program, where all personnel, both understand and acknowledge their responsibilities. |
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