What Features Should Construction Management Software Have?

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Construction-and-Contracting

Various features and applications make the process of selecting the right construction management software an intimidating one. To avoid wasting time and money on wrong construction project management software, you must identify your requirements and match them to a suitable feature.

Let’s see how to identify the most significant features of construction management software for your business or organization.

Necessary features for all general contractors: 

All builders must search and opt for the management software with these vital functionalities.

Necessary features for all midsize to large general contractors: 

The functionalities offered by these kinds of software are per your requirements and distinct projects. It’s great to have minimum one of such features in the program.

Necessary Construction Project Management Features for All General Contractors

General contractors acknowledge those features as necessary and fundamental for project improvement. The works include primarily post-sales exercises like merging data, increasing the project schedule’s transparency, and tracking the team’s work.

These construction project management features enable to create centralized repositories of project-related documents, operate within the limited budgets, inspect daily project progression, and complete work on time.

Project Scheduling

This facility is all about outlining and organizing resources such as labor, materials, and equipment, etc. required to finish a project effectively. It assists in splitting a project down into specific tasks and estimate the required time and resources. It also consolidates methods such as Gantt charts, which supports to draft the project’s significant framework, instantly recognize task interdependencies and project limitations.

Project Tracking

The use of construction management features is prevalent as it helps to make sure on-time completion of projects within budget and supports you with a visual dashboard to establish pillars and deadlines. You can follow the progression of the project on a daily, weekly, or monthly basis.

You can have data of allotted tasks, performed or pending tasks, document updates, and any modifications to schedules.

Project tracking feature involves many capacities such as daily work journals, project status reporting, and task management. It also helps to efficiently review and track team performance and recognize problems to avoid project delays.

Document Management

Record-keeping and organizing project information feature lets you manage approval workflows for changing orders, control permission settings, and helps to reduce project delays.

It is essential to overcome mistakes that occur from disorganized documents and maintains compliance by keeping documents handy for audit trails.

Necessary Construction Project Management Features for Midsize to Large General Contractors

 

Some may demand more features than the primary ones. So, here are some features of construction project management that you should view when you examine any management solutions:

Job Costing

It is suitable for midsize or large general contractors. It helps them to plan purchase orders, track real costs, calculate total project accounts, determine and visualize the project resources with the direction of measuring tools and dashboards.

This feature is essential as this budgeting and job costing is its primary accounting functionality. You can also measure and examine original or expected project expenses and import or export information to your accounting solution using unique combinations.

Contractors should opt for specific construction evaluating software or project-specific accounting, such as tracking a cost per equipment and managing payroll.

Timesheet Tracking

It assists you in maintaining and follow the time used on a plan by workers. It gives a true record of the real-time workers contribute on a task site and divides into the number of breaks or overtime hours.

Utilize the expected metric of time records to create job-costing reports for future projects. Yearly income of $25-$50 million makes contractors require automatic time reporting and approval workflows.

This feature helps to run various projects by decreasing the burden of manually following the time. Timesheet records can assist you in estimating employee production and stopping time fraud.

Bid Management

Bid management devices are combinations of construction management software. They assist general contractors to update and handle data about sub-contractors and their bids. This feature support detecting and tracking the state of sub-contractor bids that are in the prequalification stage, already fulfill the completion criteria or in the evaluation stage.

This feature also allows you to raise issues or respond to sub-contractors, inspect their plan reports, and track compliance.

Contractors whose yearly sales income surpasses $25 million will be most likely to require bid management functionality. As the company expands, so does the necessity to supervise sub-contractors adequately.

With a more active bid management method, you can complete many similar tasks in one place.

Your company’s scope and plan’s quality will decide whether you require the features mentioned above. These features support contractors in various forms, such as maintaining compliance, producing better project estimations, and managing sub-contractors.

These fundamental facilities differ based on the kind of builder you are and depend upon your specialization, electrical, residential reconstruction, or home building.

It’s important to know that the best software for your business depends on your resources and market size.

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