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Job Profitability Reports: Turning Data into Strategic Decisions

In the construction industry, understanding the financial position of each job can be key to a company’s success. Job profitability reports provide a clear view of a project’s financial performance,...

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Earned Value Analysis in Construction: Understanding the Intersection of Cost, Schedule and Scope

Earned value management (EVM) is a powerful tool that intertwines cost, schedule, and scope to offer a holistic view of a project’s progress and performance. This analysis enables construction firms...

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Lines of Credit in Construction: The Pros & Cons for Contractors

In the construction industry, contractors often spend large sums of money on materials and other project expenses before they actually get paid for their work. This situation creates a significant...

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Trade Credit: The Benefits & Risks to Contractors and Suppliers

Contractors often need to find alternative ways to purchase materials for a project upfront, and one of the most common types of supplier financing options is trade credit. Trade credit...

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