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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 345
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10 Best Buildertrend Alternatives of 2024 (Free + Paid)

ProjectManager.com

Buildertrend is construction project management software used by residential builders, from custom builders to specialty contractors and remodelers. This cloud-based solution helps to manage projects, reduce errors and increase customer satisfaction.

2024 317
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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Download one or all and get your next project started right.

Planning 362
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10 Best Buildertrend Alternatives of 2024 (Free + Paid)

ProjectManager.com

Buildertrend is construction project management software used by residential builders, from custom builders to specialty contractors and remodelers. This cloud-based solution helps to manage projects, reduce errors and increase customer satisfaction.

2024 226
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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

Construction projects are structured with schedules, budgets and resource allocation. Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. It will become evident if the project has been poorly scoped or has unclear specifications and quality requirements.

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How to Make a Contractor Payment Schedule in Construction (Template Included)

ProjectManager.com

This contractor payment schedule is defined in the construction contract and sets pay over regular intervals across the project schedule. This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. The contract type can impact the construction payment schedule.

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Project Monitoring and Control: Tools & Steps

ProjectManager.com

Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. What Is Project Monitoring and Control?