By Ron Pestone: Elm Job Costing: a contractor’s path to greater profits Hello friends. Short blog today, we are on the road lecturing. Just wanted to remind everyone, especially those in the New York, New Jersey, Connecticut area that ELM will be at the Javits Center on October 1st and 2nd. I will have two […]
Construction consists of three major ingredients; Equipment, Labor and Material [ELM] which Construction professionals employ to build. Construction comes together with Submittals, Change Orders, RFI’s, Job Costing and Construction Claims. Like Dunkin Donuts the industry runs on them and like Dunkin Donuts if you are looking for information on Construction Submittals, Construction Change Orders, Construction RFI’s, Construction Job Costing or Construction Claims this is the stop. It is also the stop for Construction Classified ads. To prosper in this industry you need quality drawing and specifications, a realistic estimate, decent Project Management and a successful job costing system. It is essential to have control over Construction submittals, Construction change orders and Construction Requests For Information [RFIs]. Every subcontractor and contractor needs absolute control over their labor. With the exception of a bad estimate labor costs will be the major reason for the difference between profit and loss and this is where THE BOOK OF ELM, COMMON SENSE SUBCONTRACTING WITH ELM JOB COSTING comes into play.
The goal of SCOREBOARD is to make the construction industry a safer, more profitable place to do business. SCOREBOARD is the place where CONSTRUCTION PROFESSIONALS review and grade everyone in the construction industry; architects, engineers, contractors, subcontractors, journeymen, suppliers, administrative assistants or any of the other industry specialist; all are welcome.
The idea is to give credit where it is due and to let others know where to tread lightly. It is not a place for rants and raves but it is a place to state the facts about first hand experiences. It is a great place to look for recommendations by the pros who build our world. SCOREBOARD is about building a better industry.
By Ron Pestone : THERE IS MORE TO JOB COSTING THAN UNDERSTANDING WHERE YOU STAND LABOR WISE – Change Orders If you are a subcontractor or a General Contractor with contracts that contain a lot of labor there is no question that knowing where your labor stands every day is important. THE BOOK OF ELM […]
By Ron Pestone : We at elmpost.com would appreciate the construction pros help to make ELM Scoreboard the best. ELM SCOREBOARD WOULD LIKE YOUR HELP We would really appreciate your input. When elmpost.com [us] debuted our new feature, SCOREBOARD, we did it without advertising, stacking the deck or geographical limitations. As we said the idea […]
BY Ron Pestone - Last week I left you with a question, “Why is ELM Job Costing Different? Answer: Let’s start with the systems out there that are designed for large General Contractors. They all work basically the same way; say you are a subcontractor for a particular General Contractor and have a contract for $50,000.00. […]
By Ron Pestone: Answers to Contractor’s and Subcontractor’s Questions about ELM Job Costing WHY DOES ANY SUBCONTRACTOR NEED TO IMPLEMENT ELM JOB COSTING Since I have published my book THE BOOK OF ELM COMMON SENSE SUBCONTRACTING WITH ELM JOB COSTING I have had the pleasure of communicating with many subcontractors in the business either by […]