Budgeting Related Topics 
Contractor Bookkeeping
JANUARY 24, 2025
Did you know that 39% of projects fail due to budget issues? Managing a project budget is not just about numbers; its about ensuring your business is profitable. By understanding the essential steps of project budgeting, you can turn potential pitfalls into opportunities for success. Budgeting is essential for several reasons.
Construction Dive
MAY 12, 2025
Stop building budgets on bad data: The no-nonsense approach to winning construction bids.
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Construction Dive
JUNE 30, 2020
As some projects continue, others may not take off as municipalities slash budgets and the coronavirus continues to threaten the country, a survey from the National League of Cities found.
Construction Dive
MAY 15, 2020
Gavin Newom's revised budget instructs the state's DOT to accelerate projects and improve roads as a way to restart California’s economy.
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Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks.
Construction Dive
APRIL 7, 2025
The New York City-based transit agency is pushing ahead on major infrastructure projects, even as questions swirl about where the long-term money will come from.
Construction News
OCTOBER 30, 2024
In today’s Budget, chancellor Rachel Reeves said that the employers’ NI rate will increase to 15 per cent from… The post Budget: SMEs protected from employer NI rate hike appeared first on Construction News. The government has announced a 1.2
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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking.
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Learn how to integrate advanced tools that centralize budgets, schedules, and performance metrics. Take control of your construction projects with this comprehensive guide to modern project controls. Discover strategies to prevent overruns, predict risks, and optimize workflows using real-time data and predictive insights.
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Discover how AI enhances real-time decision-making, optimizes labor and materials, and ensures projects stay on schedule and budget. This exclusive guide unpacks the impact of AI-driven analytics, automation, and predictive insights on project management, risk reduction, and workforce transformation.
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By understanding the nuances of these options, you can make decisions that enhance your ERP's performance while aligning with budget and long-term goals. This guide reviews how each approach supports key priorities such as managing complex projects, maintaining data sovereignty, and achieving seamless collaboration.
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Whether you're managing labor budgets, tracking progress, or reducing rework, CMiC’s ERP is the strategic solution to elevate your construction operations. With tools that adapt to your business needs, CMiC simplifies communication between the office and field, ensuring greater efficiency and reduced risk.
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There is an art to this type of planning and, if project leaders aren’t careful, a contingency plan could cost the company a lot more than lapsed deadlines, busted budgets, and a happy customer. We are going to dive into the art of contingency planning and how you can deal with unforeseen costs.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it.
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