project financials

5 Reasons Construction Projects Fail
This article was originally written by Kendall Jones. Kendall Jones is the Editor in Chief at ConstructConnect. He has been writing about the construction industry for years, covering a wide range of...

What Contractors Should Know About Workers Compensation Insurance
In this interview, we do a deep dive into the world of Worker’s Compensation for construction companies with an insurance industry insider. Kenan Knight has been in commercial insurance since...

What’s So Great About Procore?
There is a lot of buzz in the construction industry these days about Procore. As Certified Procore Consultants (we currently have four of our team certified), we receive calls every week from...

Technology in Construction
Technology in construction is here to stay. Apps, wearable technology, augmented reality, and A.I. is commonplace on most projects these days. These once futuristic applications are now proliferating...

Adam Cooper featured on The Competitive Contractor Podcast
Listen Now In this episode of The Competitive Contractor Podcast, Hosted by Shivendra Kumar, Adam discusses the topic of incentives in the construction industry. Incentives and paying staff for...

Acceleration Change Orders
I recently received an email from a friend at a large industrial general contracting firm asking for assistance reviewing and evaluating an electrical subcontractor’s change order for Acceleration...

Adam Cooper featured on Unstoppable Talk Podcast
The latest episode of Unstoppable Talkhosted by Sam Schutte, features our very own Adam Cooper. The discussion centered around how Ascent Consulting works with construction companies to make them...

Construction Downturn Strategies - Part II: Finances
In our first article we reviewed market diversification. In this second installment of our series on Construction Downturn Strategies, we will explore how you, along with help from your CFO or...

Partnering With Local Suppliers
In the world of electrical contracting, we rely heavily on our suppliers and vendors to support us, but we typically don’t take the time to support them; to help them to help us be successful.

Change Orders
Change orders are an integral part of every construction project. No amount of design, engineering, planning or scheduling can completely eliminate the potential for construction changes with cost...

Project Labor – Cost Management
In this article, we are going to explore project labor – the part of every project with the most risk and the least control. Labor cost management is typically what defines a project as a success or...

Purchasing Methodologies (Centralized vs. Project Level)
This month we will explore a critical facet of every contractor’s business: Purchasing.

Pre-Fabrication
As many electrical contractors are discovering, Pre-fabrication, or ‘Pre-fab’, offers opportunities for material and labor savings by using an assembly line approach to manufacturing and applying it...