While there are still a number of companies that have not transitioned to the use of construction management software, the reasons to make the switch are growing. Our Orlando construction attorneys have worked with quite a few contractors and have seen the impact that construction management software has had on their businesses.
In the first part of this series, we discussed how this software, whether as part of an app or a comprehensive solution, helps companies gather, analyse, and share data. These benefits are instrumental in managing an efficient and successful project. In this part, we will provide additional benefits that can enhance your services.
Accurate Project Estimates
Through construction management software, companies can gather a wealth of data that will allow them to make more accurate estimates. Material and labor costs from previous projects can be compared with the project that you are bidding on to allow you to give the most accurate estimate of projects costs. Data can also be used to build a more accurate timeline. Also, a firm understanding of project costs can help you when negotiating with subcontractors and vendors.
For the safety of your employees and to maintain compliance with OSHA regulations, it’s critical to have tools in place that guide the safety process. Software solutions can track employee safety training as well as jobsite hazards. In terms of hazards, this information allows general contractors to track what hazards have been reduced or eliminated.
Construction management software helps companies reduce risks in a number of ways. Document sharing ensures better communication, reducing conflicts over project budgets or scopes of work. Project plans and digital punch lists reduce the risk of tasks falling beneath the cracks. Keeping track of safety-related information reduces the risk of injury or receiving an OSHA citation.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.