Dexter + Chaney Blog

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A special guest blog by Tyler Pare of FMI

Project managers often control in excess of $1 MM, $5 MM, even $ 10 MM in annual contract revenue and risk. However, project managers often do not view themselves as business managers. They view themselves as middle management—cogs in the wheel of a great machine that churns through backlog year-in and year-out—leaving the business issues up to division managers and executives. FMI Corporation has been on the consulting equivalent of a crusade for more than six decades, attempting to dispel the faulty notion that shrewd business acumen amongst project managers is anything less than essential for successful construction firms. If financial awareness and leadership capabilities are lacking at the project manager level in your organization, consider the tactics below to hone the focus of the most important management echelon in your organization.

Business is Booming, But How is Your Business?

It’s certainly been a busy start to 2015. The economy is growing. Construction business is booming again and everyone in our industry—from owners to contractors to vendors—is scrambling to try and keep up with significantly greater workloads. While being busy is generally good news, what we need to be careful of is losing business focus in the meantime—not seeing the forest for the trees.

Making Workflows Work for You - Construction Software Managment

Each year, at the end of April, we host our annual users’ conference. Folks from all over make the trek to beautiful Seattle, Washington to learn more about their Spectrum software, and also to see what new features and applications we have in store. It’s a great event. Though we love hosting the conference, it takes a great deal of planning and collaboration company-wide. Departments are tasked with organizing various activities and how they will get done. It’s a large undertaking with many moving parts. That’s why we establish workflows to make sure everything gets done efficiently. We each have a specific role to play in putting the event on, and we know who we need to work with most closely.

Teamwork Makes The Dream Work - Best Construction CRM Software

During this time of year, it seems one thing is on everyone’s minds: football. From the casual fan to the die-hard face-painting types, people love to talk about the game they just watched. I think it’s great. The camaraderie, being a part of something bigger than yourself, the tightening of a community—these are all wonderful things. It all stems from teamwork. Everyone on a contending football team contributes to the team’s overall success with their own unique skills to accomplish something they couldn’t do alone.

Computer at a Tradeshow - Construction Management Software

As we look ahead at a promising 2015 for the construction industry, my thoughts are on messaging. Right now, the sales and marketing teams here at Dexter + Chaney are gearing up for yet another whirlwind trade show season. With that comes honing the message of what our own construction management software can help our clients achieve. In thinking about how to effectively communicate that message, I was reminded of something I saw during a trade show around this time last year.

Construction Budgeting Software

With November here I know that many companies, including my own, are looking at their 2013 costs and revenue, and determining 2014 forecasts and budgets. This process is tedious, complex, and very important. Many aspects of your business have to be considered—your position in the market, possible threats based on competition and the economy, opportunities for growth and potential new work, etc.

Changing your Construction Accounting Software

Throughout the year, I talk to a lot of construction business owners and accounting staff who are considering a change in their construction accounting software. I’m occasionally asked by companies, particularly those on the proverbial fence, why they should make a switch. However, I like to approach the question a little differently, because while I like when companies choose my software, I want the change to be best for them. Companies should consider the reasons they want to switch—is there a specific reason or are they just going through the motions. Not every company needs to change their construction software, but there are some definite reasons to switch, and here are my top three.

Cloud Software For Construction Management

I’m constantly amazed by the speed with which new technology and new devices are reaching the marketplace. It was only a few years ago that the iPad debuted, but tablet sales have grown so fast that now more than one-third of adults in the U.S. own one. Laptops continue to become lighter, hybrid tablet/laptops are available, and smart phones are becoming the norm. Not too long ago, Google released its Chrome Book—a laptop that runs everything in the cloud and doesn’t require any software downloads. Instead, users access their documents, spreadsheets, and other files in the cloud. As a developer of cloud-based software, I couldn’t help but try one out. In doing so, I came to several conclusions about how the cloud is shaping the behaviors of both software users and developers.

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