Murugeshwari S.
Construction & MEP Finances Strategist Businesses.
New to Contra
Murugeshwari is ready for their next project!
Most contractors watch revenue. The smart ones watch cost percentage and profit margin on every job.
Here is a simple example:
Contract amount: $100,000
Total job cost (labor, materials, subs, equipment, site costs): $85,000
Profit: $15,000
That means:
Cost percentage = $85,000 ÷...
We are making money on this project Right? Do you think so?
lets have Knowify Dashboard
This is the scariest question a construction contractor can ask at the end of a job. Because by then, it’s too late to fix a leak.
Look at this practice dashboard snapshot inside Knowify....
When project information stays in emails, WhatsApp messages, and old files, the job stays stuck in backlog.
But when you move everything into Procore, the project becomes active, visible, and easier to control.
Procore helps contractors:
track project progress
manage documents in...
Discipline in Job Costing Looks Like This
You don’t need a fancy dashboard to be disciplined.
You need:
One job, updated weekly.
One cost code, reviewed monthly.
One number, corrected before month-end.
That’s discipline.
It’s not dramatic.
It’s not viral.
But it compounds into:
Better...
THE BILLING PROBLEM
Job costing is simple until you hit the billing.
Six ways billing shows up on a construction job,.
1) Fixed price, paid upfront
One deposit, one job, no milestones.
Only real job track actual costs against the flat price so you know your real margin.
2)...