Thursday, February 13, 2014

Construction Management Software Will Save Your Business Money

By Jerri Perry


Whenever a new construction project is announced, whether it is in the public or private sector, tenders are invited. Due to the current economic situation it is often the lowest bid that is accepted. This is where there is a strong need for construction management software to help ensure that projects run on time, and in budget.

As well as having to work with the tight budgetary constraints, the project manager also will be required to manage the cash flow between stage payments. These payments are becoming further apart, and are usually based on agreed milestones. This can make budgeting a project very difficult as suppliers still need to be paid, and the workforce still need their wages.

Nonetheless, construction management software isn't to be used for just calculating budgets, and ensuring that everybody is paid punctually. These programs usually come with various modules, that can interact together. Obviously the more you spend, the more functionality is present, and the easier the job will be to manage.

These programs will enable a Project manager to do such things as sorting out a schedule, calculating man-hours required, and the materials that need to have been purchased prior to commencement. It will also have an Administration module that can be set to advise you when orders have to be made so that they arrive on time, so that no aspect of the project is delayed. It can also draft any documents that will be required to expedite these orders efficiently.

These programs can be customized to meet the business's requirements, though the amount of customization allowed depends on the type, and cost, of the software package you are using. As each task will have various requirements, suppliers, and sponsors, it is quite likely that you will be able to customize the software down to a task level. This allows the project manager the ability to have access to details relating to the progress of each task, enabling them to see if there is any reason to be concerned about any elements of the plan.

Having access to software like this can also help you make a realistic bid when tenders are invited. If you have sufficient data available from the project sponsors you will be able to produce a complete project plan, costings and also detail any risks. The costs detailed in the bid that you submit will then seem far more feasible, and your chance of success against lower bids is greatly increased.

If you are successful in your tender for the project, you will already have the majority of the documentation you require in place. This will mean that there will be less likelihood of a delay in starting work. This will also have helped you be successful with your bid, as the sponsors will be more confident of it being completed on schedule.

Construction management software programs are indispensable for any business involved in the building industry these days. Its capability to arrange all aspects of the building process, and goes a long way in eliminating errors. Because your company will be seen to have the ability to handle tasks efficiently, your standing in the industry will improve.




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