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Financial Management

Construction Cost Overruns: 5 Ways to Control Them

March 3, 2020 by Duane Craig

Construction cost overruns don’t just happen; they stalk projects right from the start. They hide in project design, project schedules, and nearly any other project aspect, waiting to surprise and confound when least expected.

Categories: Business, Featured, United States, World Tags: Business Plan, Financial Management, Project Management

The Role of Asset Management in Construction

February 23, 2020 by Jobsite Editorial Staff

In construction, the initial planning and subsequent follow-through of the project get most of the focus. This means, however, that little thought is often given to what happens once the project is complete. In other … about The Role of Asset Management in Construction

Categories: Australia, Business, Featured Tags: Financial Management, Project Management

Money Talks…Why Does Yours Keep Saying “Goodbye”?

June 5, 2019 by Erica Konieczny

Subcontractors have bigger challenges with cash flow than many other construction project participants; they are close to dead last in the payment line, and their work progress is easily affected by others. The relationship subs … about Money Talks…Why Does Yours Keep Saying “Goodbye”?

Categories: Business, United States Tags: Financial Management

A Look Inside Public Private Partnerships

January 21, 2019 by

Simply put, a public-private partnership, or P3, is an arrangement through which a public entity transfers most or some of the risk of a major project to the private sector. Broadly speaking, any joint effort … about A Look Inside Public Private Partnerships

Categories: More Tags: Financial Management

Groundbreak 2018: A Look Inside Construction Financials

November 14, 2018 by Kristine Miller

An estimated 3,000 construction professionals are gathering this week in Austin, Texas for one of the industry’s largest construction technology summits: Procore’s annual Groundbreak conference, which runs from Nov. 13-15, will offer thought-provoking educational opportunities … about Groundbreak 2018: A Look Inside Construction Financials

Categories: More Tags: Financial Management, Procore

Is Your Business Prepared for the Next Recession?

August 20, 2018 by Kristine Miller

With many experts suggesting the possibility of another economic downturn in the not-so-distant future, today’s financial climate has many construction financial managers asking what they can do to better prepare for the next recession.

Categories: More Tags: Financial Management

What You Might Have Wrong About Lien Waivers

August 20, 2018 by Jobsite Editorial Staff

Lien waivers are probably the single most misunderstood payment document there is in construction. Which is kind of funny, because lien waivers are everywhere in construction.

Categories: Business, Featured, United States Tags: Financial Management

CFMA Coverage: WIP Best Practices for Construction Financial Managers

June 26, 2018 by Kristine Miller

Each year, the Construction Financial Management Association (CFMA) holds its premier conference that explores and addresses the ever-changing challenges that construction financial managers face everyday. Jobsite was at the CFMA 2018 Annual Conference & Exhibition … about CFMA Coverage: WIP Best Practices for Construction Financial Managers

Categories: Business Tags: Financial Management

Reducing Insurance-Related Costs with Construction Technology

May 6, 2018 by Procore Editorial Staff

Over the past several years, the construction industry has been positively booming with new technology. Traditionally, construction has been one of the least digitized industries, so there was plenty of room to grow.

Categories: More Tags: Contech, Financial Management, Insurance, Risk Management

The Weitz Company Brings Job Costs to the Field With Procore JD Edwards Integration

April 29, 2018 by Jobsite Editorial Staff

The Weitz Company has been using Procore on its projects for just under two years. Within that time frame, the national general contractor partnered with Procore to implement one of the largest technological advancements in … about The Weitz Company Brings Job Costs to the Field With Procore JD Edwards Integration

Categories: Business Tags: Financial Management, Procore

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