How to Link a Change Order to a Purchase Order Revision

January 8, 2019 No Comments

In this article I’m going to go through the basics of how, after creating a change order in 4castplus, you can go on to make

Your Corporate Data is a Gold Mine – Take it Seriously

November 12, 2018 No Comments

For any organization, their corporate data is one of the most important assets they possess. The information they gather on a daily basis forms the

Get it Right the First Time

October 22, 2018 No Comments

On any day of any major construction project, a ton of information is being collected about that project. Including: costs, hours, activities and progress; along

Contractor Profits at the Mercy of Higher Construction Costs

August 15, 2018 No Comments

Construction costs in the US have been escalating for months now, and it’s so far the contractors who are carrying the weight of absorbing these

Paper-based Ledgers are a Thing of the Past

March 19, 2018 No Comments

Several decades ago, organizations used to manage all their finances using big paper-based ledgers, where they’d spend much of their day “doing the books”. These

Top 5 Reasons Why an ERP Won’t Work as a Cost Management Solution

February 16, 2018 No Comments

It’s not uncommon for organizations to consider the idea of using their ERP as a one-stop-solution for all their technology needs – even when it

Using Rules of Credit for Percent Complete in 4castplus

December 4, 2017 No Comments

How do you figure out percent complete on a project? How is it you go about objectively assigning a reasonable and accurate measurement of how

Top 5 Challenges to Effective Cost Controls – and their Solutions

October 26, 2017 No Comments

More and more companies are demanding greater visibility into construction project performance. Simply put, companies want to know that funds are being well spent and

What’s the Difference: Project Spend and Project Cash Flow Forecast?

October 17, 2017 No Comments

Cash moves at a different pace than activities. Maybe that seems obvious, or maybe you’re not sure what I’m talking about; but it’s an important

Measuring Project Progress: Rules of Credit and Weighted Steps Progressing

October 3, 2017 No Comments

Any organization that executes on major projects will know the importance of gathering information on how far along they are on a project. In other