Types of Construction Cost Estimates
Construction Cost Estimating with Cabbage for Sage Construction costs constitute only a fraction of a project’s total cost and typically fall under the control of the construction project manager. Cost estimate accuracy varies during the different project stages, ranging from estimated figures in early stages to more reliable numbers before actual construction; changes occur because…
The Challenges of Calculating the Cost to Complete a Construction Project
In the construction industry, it’s essential that contractors and other industry professionals have tools to accurately produce an estimate of the total costs required to complete projects. Getting a stronghold on a construction project’s cost to complete helps your team remain productive, prevents big surprises down the road, ensures profitability, and maintains the confidence of…
Using WIP Reports to Improve Change Verification in Sage 100 / Sage 300 Construction
Using Cabbage & WIP Reports to Improve Change Verification in Sage 300 CRE or Sage 100 Change verification requests are necessary when something doesn’t match between construction documentation and the physical work site. Deviations from agreed-upon estimates and costs cause significant headaches later, so work-in-progress reports are a fastnd efficient way to tackle change verifications….
WIP Schedule Best Practices using Cabbage and Sage 100 / Sage 300 Construction
WIP Schedule Best Practices using Cabbage and Sage 100 / Sage 300 Construction A work-in-progress (WIP) schedule is the holy grail in the construction industry. Unlike the traditional system of calculating profit or loss on overall cost, the WIP uses percentage of completion (PCM) method to determine the profitability of a contract. Here are some…