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Project accounting is a specialized form of accounting that corresponds to the ever-evolving needs of project delivery. It helps adequately track, report and analyze financial results and implications. In other words, project accounting is simply accounting on a project-by-project basis, whose responsibility falls on the project manager to track all financial components of any project …

Practical Project Accounting Guide for Managing Large Scale Projects Read More »

 “Opportunities don’t happen. You create them.” – Chris Grosser Business contracts are part of every company’s daily requirements, from face-to-face handshakes and verbal agreements to specialized parties in written form. Both can work well, but if you are contractor struggling to find the right path for successfully contracting business, the following methods can help take your …

5 Ways for Successfully Contracting Business Read More »

Being a project manager in charge of planning, executing and delivering a successful project is a tough job. Using purchase orders in construction makes it easier. Although project managers typically commit to projects that are properly estimated and planned, it’s far from uncommon to encounter a number of unexpected occurrences. This is doubly the case …

Purchase Orders in Construction Help Project Managers Control Costs Read More »