States face flooding, other problems in Midwest amid storms
U.S. Home Construction Jumps Nearly 10 Percent in January
Trump's Plan to Rebuild US Roads Relies on Local Dollars
How OSHA Is Trying to Catch Up
Automation in the Construction Industry
Weekly Grind: Biggest Construction Award Winners and New Equipment to Hit the Market
Smart Buildings Continue Their Rise in 2018
Friday Funny: The Productivity Placebo
By Duane Craig
April 3, 2017
So, you’re a small contractor and you’ve relied on Excel for a long time. It’s in every aspect of your business. You do your accounting with it, you use it for estimating, and you have it involved in project planning and project management.
It is so well entrenched that the thought of moving on seems too daunting. Just consider though that for every month you wait to adopt tools that overcome spreadsheet dangers, you are becoming less and less qualified to compete.
In fact, if you think your spreadsheets are accurate, you are probably deceiving yourself.
Multiple sources put the error rate in spreadsheets at 80% or more, with one claiming the error rate is actually closer to 90%. And, here’s why...
In 2012, J.P. Morgan Chase & Co lost an estimated $6.2 billion in the infamous “London Whale” case. The investigating task force named the following spreadsheet issues as contributing factors:
So you’ve heard all the reasons why you shouldn’t be using spreadsheets as your main computing solution.
But how do you break free?
How to Manage Entire Construction Budgets Without the Nightmare.
Ever wonder what’s the difference between a general contractor and construction manager? Well, you’re not alone! To help clear up any confusion, we’ve broken down the roles and responsibilities of ... Read More
If you're a construction worker, you're most likely working physical labor and it can get hot if you're working under the sun. Here's a guide for h... Read More
Pete says that Procore quickly breaks down the complicated pieces of data in his jobs, and presents them to the end user in a digestible format. "T... Read More
Hear Brad Hyatt, Associate Professor at California State University Fresno, discuss what students are learning in school to prepare them for const... Read More
Construction has always had a somewhat complicated relationship with technology. Over the last few decades there have been improvements in material... Read More
J. Colin Cagney, a director, KPMG Major Projects Advisory, knows that while most companies want to use data analytics to increase, they’re often no... Read More
Congress has passed the final version of the federal tax reform bill, and it will soon head to President Donald Trump to be signed into law. The qu... Read More
January 9, 2018