Capital Construction Project Management Software: Why Streamlined Software Is Necessary in the Construction Industry

 March 18, 2022 by Michael Gober & Denis Gritsiyenko

When you have spent years in the field as a construction worker, paperwork is the last thing you want to do. Tracking finances and managing documents can be difficult and boring. 

If you are looking for a faster, simpler, easier way to handle project capital, look no further than capital construction project management software, the simple solution to the problem of project finance management. 

Are you curious about what capital construction project management software does and is? You’ve come to the right place. This guide will help you learn the ins and outs of capital construction management software. 

Read on to learn the top 5 ways that capital construction project management software can make your job easier. 

  1. CM Fusion: Streamlining Schedules, Money Tracking, and More in the Construction Industry
  2. What Is the Importance of Capital Construction Project Management Software?
  3. 5 Ways Capital Construction Project Management Software Can Help Your Construction Business
  4. Make CM Fusion Your Go-To Capital Construction Project Management Software

CM Fusion: Streamlining Schedules, Money Tracking, and More in the Construction Industry

If you are looking for great construction project management software, CM Fusion has you covered. CM Fusion is designed for contractors by contractors. We know the field because we are in the field. 

When it comes to capital construction project management software CM Fusion has a lot to offer:

  • Cost management options — we make budgeting simple

  • Scheduling milestones – keep everyone up to date on the important things

  • Daily logs — track the information you need quickly and effectively

  • Field efficiency — make sure your project is running at peak efficiency

We also make change orders easy, allowing you to keep tabs on what is happening and what needs to happen around your worksite. With CM Fusion, everyone involved can view and approve change orders easily. 

CM Fusion makes insurance tracking a breeze through our field notes section. Keep easy and accurate reporting of worksite incidents to make handling insurance easier in the event of an accident. 

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What Is the Importance of Capital Construction Project Management Software?

Is there anything worse than knowing that you “have that file somewhere” but just can’t find it? How annoying is it when you are scrolling through endless job site photos, trying to find the one you need? Have you ever found yourself saying “I wish I could just keep everything organized in one place!”

Capital construction project management software is here to save the day. With great software, you can keep everything organized in one central location and make sure that everyone has access to what they need. 

Imagine logging in from the job site on your tablet and being able to:

  • Track schedules

  • Manage money

  • Keep track of job site photos; and 

  • Organize documents

There are many benefits to capital construction project management software and it is a massive asset that will make your job easier and your job site run much smoother. 

5 Ways Capital Construction Project Management Software Can Help Your Construction Business

While the number of ways that incorporating software into your construction project management can help you be more effective and efficient is practically infinite, there are some specific benefits you should be aware of. 

Money isn’t the only thing that matters in business, but without it, there is no business. So it is important to find ways to make, save, and manage capital well. CM Fusion can help. 

#1: Money Tracking

Keeping track of budgets is a difficult task. 

You need a comprehensive system that allows you to do more with less effort. When working with hundreds of thousands of dollars that need to be allocated to paychecks, materials, and more, it is important to have a way to manage all of the money. This method needs to be complex enough to handle everything and simple enough for anyone to use. 

Capital construction management software helps you keep track of your whole budget. 

How Capital Construction Project Management Software Helps With Money Tracking

How exactly does capital construction project management software help with money tracking and budgeting? 

With a capital construction project management software like CM Fusion, you can:

  • Track costs

    • Use a live log ledger to manage budget and costs

    • Organize costs by code, vendor, and category

  • Manage change orders

    • Create and submit them

    • Track their progress

    • Give and receive approval right from the software

  • Daily field reports

By managing these things well, you know where the money is going and you can keep it from going places it doesn’t need to be. Having all the details in one place helps you make sure that budgets are adhered to and managed properly. 

#2: Schedule Tracking

When you have multiple parties involved, they all must have access to high-level dates such as:

  • Start dates

  • Milestone dates

  • Final inspections

Schedule tracking is a massive part of making sure your project stays on budget. The more work that needs to be done, the more the project will cost. Keeping everyone up to date on the schedule, and staying with the schedule as much as possible, can help you stay on budget. 

How Capital Construction Project Management Software Helps With Schedule Tracking

CM Fusion offers tools to help track schedules. 

  • Project tasks

    • Divide the project into tasks and assign specific due dates to each one

    • Assign tasks to specific people or teams

    • Send automated reminders to task assignees to keep everyone on the same page

  • Scheduling

    • Get the 30,000-foot view of each project with a quick and simple scheduling software

    • Manage dependencies, start dates, and due dates easily

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#3: Data Logs

Keeping solid data logs is not always easy. There is always something else that needs to be added and the task can seem overwhelming. 

A good capital construction project management software can help. 

Good software allows you to keep everything in one place and keep it organized. This is vital for liability reasons. 

How Capital Construction Project Management Software Helps With Data Logs

When it comes to data logging, CM Fusion has the solutions you are looking for. 

  • Daily field reports

    • Keep track of the day’s progress with simple and easy field reporting

    • Upload all pertinent information directly to your report

  • Image management

    • Upload all of those job site photos easily

    • Organize photos with custom categories and descriptions

    • View field report photos easily by date

#4: Field Efficiency

With high-quality capital construction project management software like CM Fusion, you can boost your field efficiency by seeing everything that is happening all in one place. 

Get closer to your goals with streamlined information organization and processing. 

How Capital Construction Project Management Software Helps With Field Efficiency

What are some great tools that help in field efficiency? 

  • RFI tracking 

    • Efficiently track RFIs

    • Find all your RFI activity, status, and attachments in one easy workflow space

  • Daily field reports

  • Image management 

  • Time tracking

    • Keep all your timesheets in one, organized place

    • Access timesheets anytime, anywhere

#5: Insurance Tracking

You don’t have to be in construction very long to understand the importance of insurance tracking. When on the job site, it is up to you to make sure that everyone is safe and that no damage is done. 

But in this field, despite regulations, injuries and damage are often a common, although unfortunate, part of the job. 

It is important to have a good system for accurately reporting all the facts so that insurance can help mitigate the financial impact of issues that may arise. 

How Capital Construction Project Management Software Helps With Insurance Tracking

Once again, a high-quality capital construction project management software like CM Fusion is a massive asset when it comes to insurance tracking. 

Some key features you should look for when selecting a software include:

  • Document management

    • Store all your documents in the cloud

    • Access needed documents easily and from anywhere

  • Daily field reports

  • Image management 

Make CM Fusion Your Go-To Capital Construction Project Management Software

Capital construction management software is an incredibly powerful tool that allows you to manage your job site with more accuracy and efficiency. But choosing the right software can be difficult. 

Created by contractors, for contractors, CM Fusion is designed with you in mind. We know what is needed in the field because we have been in the field. 

If you are looking for a way to streamline your capital management process for your construction job sites, you need CM Fusion. 

Not 100% sure if you want to jump in? CM Fusion offers a 100% free version for up to one project and 10 collaborators. 

Try CM Fusion risk-free today and find out what makes CM Fusion the ideal capital construction project management software. 

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Try CM Fusion, risk free for 30 Days – Your first project is FREE!

If you are trying to figure out where to look now, our company CM Fusion offers a free version of Construction Project Management Software. Not to mention, our customers brag about it’s ease of use, so you should be able to sign up and start managing your projects in minutes.

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