Forecasting With Confidence: How Contractors Can Solve Four Common Challenges

The right software can make the difference between having a profitable project and losing money.

Contractors know that being able to predict and prepare for variances in costs or schedules is essential to the profitability, cash flow and—in extreme cases—the viability of projects. However, reliable forecasting is a complex and multidimensional process that is difficult, if not impossible, with manual or out-of-date systems.

Scott Jennings, P.E., principal of SJ Construction Consulting, LLC, has over 25 years of experience working with hundreds of contractors across the country. “Forecasting feeds the lifeline of the financial health of a company,” he says. “If owners and CEOs want to prevent profit fade during construction projects, they must equip project managers with sophisticated software tools that allow the managers to project costs accurately.”

Can your construction firm solve the 4 common challenges of forecasting? Read this eBook to find out how…

Rethink Resource Planning: A Guide to Optimizing Construction Resource Management

In construction, your productivity determines your bottom line. As a result, it becomes easy to fixate your firm’s efforts on time—the most quantifiable measure of productivity—but is this focus coming at the expense of other components of your enterprise? In other words, are you considering the effect of resources—and their management—on your overall productivity?

This eBook is an opportunity to explore how a proactive resource planning tool is the key to addressing both your firm’s—and the construction industry’s—wider productivity challenge. Use this guide to audit your own firm’s resource planning practices by weighing them against the best strategies and latest technologies in resource planning.

5 Factors that Distinguish a High Performance Construction Field Solution

Private construction is a $954.8 billion industry that employs 6 million people in America. But despite the enormous economic opportunity available to construction companies developing projects in the United States and abroad, many find themselves trying to complete new projects and close new business with project management processes that haven’t changed since 1990.

Paper and email-based projects may have gotten the job done back then, but now those tools simply don’t maximize the value and output of your construction teams. And even if your company has adopted some software and applications here and there that helped you organize your projects, you still aren’t tapping into your team’s full potential. Shifting project requirements, human error and inefficient deployment of resources may lead your team to miss out on potential operational advantages that would help them reach sales and project goals faster.

How can you ensure that your construction firm isn’t held back by this problem? Read this eBook to find out…

Software Vendor M&A and the Risks to Your Business

While a union of two (or more) companies doesn’t always result in negative consequences for customers, the probability is high, as nearly 70 percent of M&As fail to deliver the anticipated revenue synergies. All industries have M&A activity and the ERP market is one of the more active ones. As users of ERP software for mission-critical operations, construction contractors need to be particularly vigilant during — and after — mergers (or acquisitions) of their ERP vendors. This can be completed by taking steps to help protect the significant time and resources invested into deploying the solutions.

This eBook will walk you through the challenges and opportunities of navigating an ERP vendor’s merger/acquisition, including what it means for your business and how you can protect your investment.

Unified vs. Standalone Construction Management Software

Like your peers in the construction industry, you may be on the lookout for the optimal project management solution. There are two major approaches to consider, and the wrong choice could cause long-term damage to your business. To lower initial investment, many executives begin their search for a stand-alone project management solution without considering the very real, long-term value of software that unifies project management with financials.