22 Jul
Understanding and Managing Change Orders in Construction
A change order in construction is a crucial document used to formally alter the original agreement of a construction project. [...]
07 Jul
Good Tech Can’t Fix Bad Culture
With so many new cutting-edge technologies available, it's easy to get swept up in the excitement of wanting to modernize [...]
21 Jun
Making Project Managers Savvy with Construction Financial Analytics
In the fast-paced and competitive world of construction and project management, financial metrics are the cornerstone of successful project execution. [...]
07 Jun
Balance Sheet Basics for Construction Industry Professionals
Assets = Liabilities + Owner’s Equity Navigating the intricacies of a balance sheet is a small feat, especially for professionals [...]
24 Apr
How the CPA Uses the Jobs in Process and Closed Jobs Schedules
As a CPA in public practice, the jobs in process and closed job schedules (“job schedules”) are the most important [...]
23 Apr
The Significance of WIP Reports for Bankers
With over three decades in the banking sector, including nearly 20 years working closely with construction industry clients, I've witnessed [...]
16 Apr
Decoding WIP Reports: The Surety’s Perspective on Project Performance
Measuring project performance is crucial when a surety extends bond credit to a contractor. Open/Closed job work on hand becomes [...]
05 Apr
A Data Scientist’s Guide to WIP Optimization in Construction Finance
Over the past few months, I’ve pitched questions to contractors, CPAs, bankers, and surety firms about what they believe is [...]
28 Mar
ProNovos vs Excel: Advanced Revenue Forecasting
In the competitive realm of construction, staying ahead requires more than just technical expertise and project management finesse—it demands a [...]
06 Mar
ProNovos vs Excel: Enhancing Construction Project Forecasting
Forecasting the final costs of a project is a critical aspect of construction project management, blending art and science to [...]
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