A Contractor’s Guide to Working Capital: Managing & Measuring Liquidity
Working capital is a financial metric that business owners cannot ignore. It’s one of the most important metrics you need to be aware of, and represents the difference between a company’s current assets and current liabilities. It is a measure of a company’s short-term financial health and its ability to cover immediate expenses. The components […]
10 Vital Construction KPIs for Measuring Success
In the construction industry measuring success goes beyond completing a project on time and within budget. 43% of construction firms prioritize immediate financial goals over organizational resilience. To achieve financial goals, project managers need to ensure efficiency, quality, and safety. This is where Key Performance Indicators (KPIs) come into play. What are construction KPIs? A […]
Essential Skills Every Construction Estimator Must Have (From An Estimator With Over 20 Years of Experience)
A construction estimator plays a pivotal role in the construction industry, responsible for forecasting project costs and ensuring projects stay within budget. Accurate construction estimating is crucial for the financial health of a project and its timely completion and overall success. For a comprehensive overview of construction estimating, check out our Construction Estimating Guide. Possessing […]