What Is Construction Cost Control?
Construction cost control involves managing your construction expenses to maximize profit. It begins with accurate and profitable estimating and concludes with paying subcontractors.
Managing subcontractors is crucial, as general contractors need to gather bids, monthly progress reports, and cost documents based on cost codes.
Essentially, it encompasses all processes involving construction cost codes, except accounting.
Cost control can be executed through various means (paper & pencil, Excel, specialized software, etc.), but specialized cost control software offers clear advantages.
Benefits
Determine project profitability before completion
Save 3-5 days per month for each project manager
Standardize processes and ensure compliance
Identify estimating and design errors
Eliminate manual calculations and copy-pasting
Prevent oversights
Construction Cost Control Software Buyer’s Guide
About the guide
This free guide provides an overview of the benefits of construction cost control software and how it delivers them.
It’s designed for general contractors managing large-scale construction projects.
Even if you’re not currently seeking cost control solutions, it will help you enhance process efficiency.
Additionally, it offers a detailed overview of potential features and their intended purposes.
Table of contents
- What Is Cost Control Software And Why Use It?
- How To Assess Your Company’s Maturity
- On-Premise vs Cloud Software
- Communication & Integrations
- Estimating
- Bids Management
- Budget Management
- Contract & Change Order Management
- Subcontractor Progress Reporting
- Cost Documents Management
- Cost Forecasting
- Cash Flow Tracking
- Subcontractor & Contact Management
- User Management
- Security
Free download
hbspt.forms.create({ portalId: “4963994”, formId: “5dc63c68-0796-4789-93ac-9d26427cf303” });Planyard contractor software helps ambitious teams achieve their goals and accelerate growth.
- No more spreadsheets
- Saves project managers’ and QSs’ time
- Easy to implement and use
- Real-time and accurate financial forecasts
- No more duplicate data entry
