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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Construction projects will never get off the ground without financing. Money sets the gears of construction management in motion. Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. Let’s take a look at what goes into making a construction budget.

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Work in Progress (WIP) Report in Construction (Template Included)

ProjectManager.com

General contractors strive to maintain each job’s profit margin, so it makes sense that the construction project will be monitored closely to ensure it’s progressing as planned. A work-in-progress (WIP) report is one of the tools used to track the budget. What Is Work in Progress in Construction?

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10 Best Construction Software for Mac (Free & Paid)

ProjectManager.com

Construction software is essential for general constructors to plan, manage and track projects. There are many options for construction project management software , but most run on PCs. If the construction company or any of its departments use Apple products, they’re out of luck. What Is Construction Software for Mac?

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The Construction Resource Management Process Explained

ProjectManager.com

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. Resources in construction are managed by construction resource management. What Is Construction Resource Management?

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Acumatica Construction Edition: Key Features and Integrations

ProjectManager.com

Acumatica has many modules for construction. However, Acumatica Construction Edition isn’t a fully functioning construction project management software. Let’s look at how integrations for the Acumatica Construction Edition can give general contractors and their teams the best of both worlds. What Is Acumatica?

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Construction Bids: Mastering Construction Bidding

ProjectManager.com

Construction projects are won by responding to solicitations or requests for proposals with a construction bid. It can often feel like a lot of work for possibly no return, but there’s a way to make a construction bid that doesn’t break the bank and sets your organization apart from the competition. What is a Construction Bid?

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

But what is a schedule of values and why is it such an essential construction project management document? The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. We’ll answer these questions, explain when the schedule of values is used and the benefits of using one.