Guiding a project to the best possible outcome requires lots of information. And, the decisions we make along the way are only as good as the quality of the information we have. With outdated or inaccurate information, project decision-makers could steer the project in the wrong direction. But, with accurate information collected by real-time reporting, decision-makers have the tools to make the best possible decision in much less time.
The value of real-time reporting can’t be overstated, but it’s important to understand its benefits. This guide will explain the most important benefits of using software to track project progress and using real-time reporting to make decisions.
There are a lot of moving parts in every construction project. With one general contractor overseeing dozens of subcontractors, and each of those subs potentially having its own subs, it’s critical to know exactly where the project stands at all times.
But, accurate information is anything but easy to maintain (especially without management software). Manual data entry constantly introduces the potential for errors, cross-referencing and adjusting spreadsheets, and ensuring that all of the important values are updated. It’s tough to maintain a reliable source of data, especially with every subcontractor sending (or not sending) information each day.