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Construction Budgeting 101

Autodesk Construction Cloud

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

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Ultimate Guide to Construction Submittals [Template]

Autodesk Construction Cloud

Fall just a bit behind on time or budget, and you may find yourself losing out to competitors or irretrievably late to forthcoming technology developments. Managing construction submittals determines the success of your proposed timeline, the line items in your budget, and the accuracy of a completed project. . What is a submittal?

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Autodesk Build Adds 40 New Product Enhancements 

Autodesk Construction Cloud

Cost Management | Budget Payment Application Custom Approval Workflow* . Cost Management | Budget Payment Application Associated Costs Report Export* . Closeout and Handover . Note, the chart is only visible to members with Budget View All or Full Control permission. . Cost Management . Cost Management .

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New in Autodesk Construction Cloud: 50+ the Latest Product Releases

Autodesk Construction Cloud

Autodesk Construction Cloud and BIM 360 users on web now see a new “Status” column that will highlight approval results on their transmittals. . This pie chart displays the percentage distribution and cost values of the total budget and can be toggled to display values from a selection of five columns from the budget overview.

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8 Tips to Manage Cash Flow Like Your Construction Business Depends on It

Autodesk Construction Cloud

Almost 9 out of 10 construction projects worldwide go over budget. With firms managing several projects simultaneously with different budgets, contract requirements, schedules, and scopes it’s challenging to bring increased complexity to cash flow management. . Speed up project closeout. Integrate accounting and operations.

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How Much is Poor Construction Document Management Costing You? 

Autodesk Construction Cloud

Poor document management is detrimental to a project and can lead to delays, budget overruns , and rework. Unfinished Closeout Packages Closeout packages should include the latest versions of all drawings and files related to the layout, construction, and internal systems of a structure.

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Punch List 101

Field Wire

For this reason, subcontractors must clearly understand what to do — when, where, and why — to stay within contract scope and budget. In one study, Bent Flyvbjerg, an expert in project management at Oxford’s business school, said : “It is estimated that nine out of ten construction mega-projects run over budget.”