ProjectManager.com

JULY 5, 2023

Construction costs are one of many metrics that a general contractor has to keep an eye on. But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. That’s why construction cost management is so important. What Is Construction Cost Management?

Construction 397

Construction Estimate Monitoring Budget 397

ProjectManager.com

MARCH 8, 2024

An army of subcontractors each with their own specific discipline complete construction projects. An RFI in construction is a request for information. This construction document helps subcontractors understand what they need to do if they have any questions. What Is an RFI in Construction?

Construction 465

Construction Software Review Engineering Budget 465

ProjectManager.com

APRIL 19, 2023

There’s more than one way to manage a construction project. From the world of manufacturing comes an approach called lean construction. But lean manufacturing and lean construction are two different things. Let’s explore lean construction, defining what it is and its key principles. What Is Lean Construction?

Construction 455

Construction Lean Manufacturing Engineering 455

ProjectManager.com

JANUARY 9, 2024

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?

Construction 468

Construction Process Estimate Monitoring 468

ProjectManager.com

DECEMBER 27, 2023

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. The schedule of values is an itemized list of all the project activities.

Construction 468

Construction Estimate Budget Monitoring 468

ProjectManager.com

DECEMBER 31, 2024

The better they can write a construction bid proposal, the more likely they are to get the job. It’s used in government contracts, construction projects or large-scale procurement projects. Those lucky enough to have their construction bid proposal accepted must turn what was a theoretical job into a real one.

Construction 369

Construction Software Review Estimate Technical Review 369

ProjectManager.com

DECEMBER 14, 2023

In construction, there are many hats or hard hats as the case may be. One of the most important, but less heralded positions is that of the construction superintendent. One of the most important, but less heralded positions is that of the construction superintendent. What Is a Construction Superintendent? Many things.

Construction 468

Construction Certification Monitoring Engineering 468

ProjectManager.com

MARCH 22, 2024

Construction projects are often long and complicated endeavors. What’s included in the contractor payment schedule and the different types are a critical part of the professional relationship between the project owner and the general contractor. The construction payment schedule can be looked at as a sort of insurance.

Construction 446

Construction Software Review Budget Defining 446

ProjectManager.com

NOVEMBER 6, 2024

Architects are one of the large group of professionals who are part of the construction project management process. Like the general contractor, engineer or field crew, their work is made more efficient by the use of project management software. But is there project management software for architects?

Software Review 369

Software Review Software Construction Engineering 369

ProjectManager.com

APRIL 23, 2021

No matter the project or the team, it is important to outline expectations. This is especially true of construction projects. Construction projects often require outside specialists to complete aspects of the work, and construction contracts bridge the gap between contractors who they hire so everyone knows what is required.

Construction 419

Construction Budget Closing Risk Management 419

ProjectManager.com

JUNE 29, 2022

Construction project management covers a massive number of projects and there are all sorts of builds associated with it. Most people think of the housing market when they think of construction, especially single-occupancy homes, but that’s only a small fraction of the industry. What Is Commercial Construction Management?

Construction 374

Construction Software Review Retail Engineering 374

ProjectManager.com

AUGUST 4, 2022

Construction delivery methods matter. They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. What Is a Construction Delivery Method?

Construction 417

Construction Risk Management Risk Closing 417

ProjectManager.com

AUGUST 26, 2021

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.

Construction 418

Construction Budget Underperforming Technical Team Finance 418

ProjectManager.com

OCTOBER 16, 2024

Resources include the needed people, equipment, raw materials and so on to execute project tasks. From manufacturing to construction, these free resource management templates add consistency and efficiency to processes to result in better project outcomes.

Software Review 400

Software Review Estimate Construction Budget 400

ProjectManager.com

APRIL 26, 2023

Construction companies have to do some heavy lifting, and that’s not just the steel and concrete they use to erect buildings, bridges and other structures. There are many different types of materials and labor that go into their work that requires their contracts to have construction specifications.

Construction 395

Construction Software Review Estimate Executing 395

ProjectManager.com

MAY 30, 2023

The general contractor is responsible for all the construction contracting activities that occur on a construction site. These general conditions in construction are varied and costly. If you’re a general contractor working in construction project management, you’ll need to know about general conditions.

Construction 365

Construction Infrastructure Estimate Defining 365

ProjectManager.com

JANUARY 27, 2022

It’s not easy for construction companies to make accurate budget forecasts. There are many variables to consider, from market to labor costs and always-fluctuating prices. But creating a detailed budget is key to successful construction project management. What are Hard Costs In Construction? Learn More!

Construction 418

Construction Certification Project Life Cycle Software Review 418

ProjectManager.com

JULY 13, 2022

Whether you call it a material takeoff, quantity takeoff, construction takeoff or simply takeoff, the reference remains the same. Material takeoff is part of a detailed and effective construction cost estimate. The more accurately you can forecast your construction project cost, the better. Learn more.

Construction 396

Construction Estimate Monitoring Budget 396

ProjectManager.com

JULY 21, 2022

There are different ways to deliver a construction project. The elements of any construction project delivery include design, planning, construction and financing. Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity.

Construction 396

Construction Risk Management Risk Infrastructure 396

ProjectManager.com

NOVEMBER 7, 2024

ProjectManager has over 100 free project management templates for Excel and Word that can be downloaded now. There are over a dozen templates that can help during the construction bidding process. Project Proposal Template Another versatile document is this free project proposal template for Word.

Construction 370

Construction Software Review Estimate Budget 370

ProjectManager.com

JULY 30, 2024

Just as there are task dependencies , there are project dependencies. Not identifying these dependencies can cause delays and negatively impact the budget for one or more projects. Project Costs Project costs are the total funds needed to execute and complete each project in the program roadmap.

Software Review 476

Software Review Monitoring Budget Risk Management 476

ProjectManager.com

NOVEMBER 5, 2024

Accounting project management software integrates project management features with financial and accounting tools to provide a well-rounded approach to delivering successful projects. This improves financial oversight by providing a clear view of project costs and financial performance. 5 Capterra review: 4.2/5

Software Review 370

Software Review Software Technical Review Budget 370

ProjectManager.com

NOVEMBER 13, 2024

Real estate development project management software is designed to help real estate industry professionals manage various aspects of property development, construction, leasing and sales. The project plan should be broken down into phases, tasks and subtasks to make the work more manageable. It also can inform stakeholders.

Software Review 368

Software Review Software Underperforming Technical Team Construction 368

ProjectManager.com

MARCH 6, 2025

Many industries use pilot projects to test innovations, improve processes and reduce risks before full-scale implementation. This helps in evaluating safety, efficiency and cost-effectiveness. Reducing Risks in High-Investment Projects When a full-scale rollout involves high costs or risks, such as in construction or pharmaceuticals.

Risk Management 332

Risk Management Manufacturing Construction Telecoms 332

Rebel’s Guide to PM

JULY 4, 2024

Mostly, I’m estimating knowledge work or tasks where analogous estimating (where you look at past projects and see how long similar tasks took) is a more reliable technique. You can combine it with other techniques to calculate the overall project cost or duration.

Estimate 362

Estimate Planning Software Review Consulting 362

ProjectManager.com

MARCH 20, 2024

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. Everyone involved in the construction planning should attend the preconstruction meeting.

Construction 465

Construction Software Review Estimate Underperforming Technical Team 465

ProjectManager.com

FEBRUARY 28, 2025

Technical Feasibility Evaluates whether the project can be implemented with the available technology, infrastructure and expertise. Financial Feasibility Analyzes the projects cost estimates , funding sources, return on investment (ROI) and overall profitability. It helps determine whether the project is financially sustainable.

Technical Review 221

Technical Review Software Review Construction Infrastructure 221

ProjectManager.com

OCTOBER 9, 2024

Project Estimate Template One of the more important estimate templates is the free project estimate template for Excel. It helps project managers build the budget by accurately forecasting project costs, such as resources and their duration. That’s why they need this free construction estimate template for Excel.

Estimate 418

Estimate Software Review Construction Budget 418

ProjectManager.com

MAY 28, 2024

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. Plan with dependencies, track baselines and filter for the critical path.

2024 446

2024 Software Review Construction Estimate 446

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. Procore falls short in many ways.

2024 468

2024 Construction Software Review Estimate 468

ProjectManager.com

JUNE 19, 2024

However, to oversee fully-fledged projects, complete with complex schedules, resources allocations and detailed task data required integration. It has over 10,000 customers throughout the world, including in construction, distribution, manufacturing, retail and professional services.

Construction 468

Construction Manufacturing Finance 2008 468

ProjectManager.com

JANUARY 25, 2024

Projects cost money. Those funds have a life cycle of their own and project managers must understand how those costs come in and out of the project and organization. That process is called project cash flow. We’ll look at project cash flow, what it is and how to calculate and manage it.

Construction 475

Construction Project Cost Budget Monitoring 475

ProjectManager.com

MAY 12, 2021

Before you decide on how to pay for the services related to your next project, take a moment to look into what a time and materials contract is and when it’s advisable to use one. What Are Time and Materials on a Construction Project? All tasks in a construction project use some material and take time to execute.

Construction 459

Construction Estimate Executing Monitoring 459

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that. Seek it out.

Controlling 466

Controlling Manufacturing Construction Underperforming Technical Team 466

ProjectManager.com

AUGUST 15, 2023

When a contractor bids on a project or a manufacturer takes on a job, they need to have an accurate forecast of the price for the project to make a profit, which is why job costing is so important. We’ll go over all, plus explain when to use job costing and provide an example of job costing to make sure the definition is clear.

Manufacturing 369

Manufacturing Construction Estimate Project Cost 369

ProjectManager.com

DECEMBER 13, 2023

The project budget is developed during the planning phase of a project. It’s a document that captures the total costs required to complete a project over a specified timeframe. The more accurate your forecast for project costs, the more likely you’ll be able to deliver a successful project and make a profit.

Budget 468

Budget Construction Estimate Executing 468

ProjectManager.com

MAY 9, 2024

Budget variance is one of the tracking tools project managers use to ensure that the project isn’t costing too much. Neither is preferable to keeping to or staying under the project budget. Project managers use budget variance analysis when managing projects.

Budget 396

Budget Estimate Software Review Project Cost 396