{"id":812,"date":"2020-04-10T00:00:00","date_gmt":"2020-04-10T04:00:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/importance-of-using-key-performance-indicators-in-construction\/"},"modified":"2026-02-12T05:07:54","modified_gmt":"2026-02-12T10:07:54","slug":"importance-of-using-key-performance-indicators-in-construction","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/importance-of-using-key-performance-indicators-in-construction\/","title":{"rendered":"Importance of using key performance indicators in construction"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/strategy-legal-operations\/\" class=\"entry-header__link\">Strategy, Legal &amp; Operations<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tImportance of using key performance indicators in construction\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2020-04-10T00:00:00-04:00\">April 10, 2020<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Importance of using key performance indicators in construction\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/importance-of-using-key-performance-indicators-in-construction\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/timwilson\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2017\/05\/CRE-Tim-Wilson-350x350.jpg\" class=\"entry-author__image\" alt=\"CRE Tim Wilson\" \/>\t\t\t\t<span class=\"entry-author__name\">Tim Wilson<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">I recently visited with a client about the importance of forecasting, and the client displayed for me on a computer screen the daily key performance indicators (KPIs) they monitor. The client commented that the company can use the daily KPIs to predict monthly profits within a small variance and any significant balance sheet effect. This discussion was a powerful example of <a href=\"https:\/\/www.sage.com\/en-us\/blog\/data-key-component-propelling-construction-collaboration\/\">how a company can use its system\u2019s data<\/a> to accurately predict financial results and make management decisions that avoid negative trends.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Construction companies continue to implement new and advanced technologies that capture financial and nonfinancial data related to their operations and strategies. Due to the number of processes that construction companies utilize\u2014sales; marketing; estimating; bidding on projects; executing the contract; using labor, materials, equipment, and subcontractors to construct the project; <a href=\"https:\/\/www.sage.com\/en-us\/blog\/free-invoice-templates-construction\/\">billing and collecting for work<\/a> performed, and closing out the projects\u2014construction companies need to identify the KPI of each process. In addition, construction companies should develop goals and benchmarks and understand the interconnectivity of certain KPIs (e.g., a negative labor variance results in lower gross margin on the project). Companies should have the discipline to use the KPIs to <a href=\"https:\/\/www.sage.com\/en-us\/products\/sage-300-construction-and-real-estate\/\">make operational and management-level decisions.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-performance-indicator-examples\"><strong>Performance indicator examples:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Daily labor hours<\/li>\n\n\n\n<li>Purchase orders requested<\/li>\n\n\n\n<li>Rolling two-week billings on contracts<\/li>\n\n\n\n<li>Daily cash collections on a rolling two-week basis<\/li>\n\n\n\n<li>Accounts payable invoices processed<\/li>\n\n\n\n<li>Number of new contracts secured<\/li>\n\n\n\n<li>Average value of new contracts secured on a rolling thirty-day time frame<\/li>\n\n\n\n<li>Forecasted labor hours for next 30 days<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">There are many other KPIs that have been developed\u2014the key is finding the small group (less than 10) that truly drive performance in your construction company. KPIs can be broken down into two major categories: financial and nonfinancial. Construction companies, by the nature of their business, need to have KPIs in both categories.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-financial-kpis\"><strong>Financial KPIs<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Examples of construction company financial KPIs include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Liquidity: current ratio, quick ratio, days of cash, working capital turnover<\/li>\n\n\n\n<li>Profitability: return on assets, return on equity, times interest earned<\/li>\n\n\n\n<li>Leverage: debt, under-billings, backlog and revenue to equity, asset turnover, fixed asset ratio, equity to selling, general and administrative expense<\/li>\n\n\n\n<li>Efficiency: backlog to working capital, months in backlog, days in accounts receivable, inventory, accounts payable, operating cycle<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Many of these financial KPIs may already exist within the company financial accounting system in various standard reports. I\u2019m a huge proponent of using existing systems to capture and analyze the data around KPIs. Spreadsheets that contain complex calculations or data analysis can result in errors that are difficult to detect, which ultimately can lead to bad decisions based on bad data and cause suspicion around the future use of KPIs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-nonfinancial-kpis\"><strong>Nonfinancial KPIs<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Nonfinancial KPIs can be identified to truly understand what drives the financial results. Simply measuring total contract revenue, gross margin, or net income will often miss the underlying driver of the result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cost codes approaching or over budget (actual and committed)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Labor hours or cost exceeding budget<\/li>\n\n\n\n<li>Productivity below estimate<\/li>\n\n\n\n<li>Change requests overdue<\/li>\n\n\n\n<li>Defects found<\/li>\n\n\n\n<li>Safety incidents<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">I\u2019ve seen robust KPIs used in construction companies, yet performance on an individual project or at the company level doesn\u2019t improve. Many times, this is a result of data overload. Identifying and calculating the KPI is only the beginning. Effective KPI use requires involvement from each level of the company: senior leadership must set the tone, midlevel management must execute the strategy, and the remainder must understand their contribution to reaching KPI goals. For example, if the senior vice president of engineering sets a KPI goal of 4,000 direct construction labor hours per week for the next six weeks, the project managers and schedulers should look at the forecasted work and break it down to the individual project level, then the job superintendent needs to monitor and measure the direct labor hours directly under his or her supervision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Any variance in the KPI needs to be evaluated and corrective action taken (e.g., increased head count, scheduling of additional work\/projects, etc). The best of intentions with KPIs can result in negative consequences\u2014lack of action, analysis by paralysis, ignoring what the data tells you, making excuses\/rationalizing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Occasionally, I\u2019m asked if a construction company can truly affect growth and profitability with KPIs. I usually answer with a simple example of using three goals that can drive growth and profitability, measured with KPIs:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-kpi-goal-examples\">KPI Goal Examples<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-goal-one\"><strong>Goal one<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Increase working capital in the next quarter by $500,000<br>\nKPI \u2013 current ratio, acid ratio, contract margin, revenue per day<br>\nOwner of goal \u2013 CFO<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-goal-two\"><strong>Goal two<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Increase average margin on contract revenue by 2 percent in the next quarter<br>\nKPI \u2013 average margin by customer, by contract, and on new bids<br>\nOwner of goal \u2013 vice president of sales\/operations (or similar position)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-goal-three\"><strong>Goal three<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Reduce the average labor hours on rework by 10 percent in the next quarter<br>\nKPI \u2013 rework labor hours per dollar of contract revenue, rework dollars as a percent of total contract costs<br>\nOwner of goal \u2013 vice president of engineering\/lead project manager<br>\nNow that you\u2019re convinced about the benefits of KPIs, how do you get started? Some of the key steps and questions include:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-where-is-the-data-stored\"><strong>Where is the data stored?<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\n<ul class=\"wp-block-list\">\n<li>Use existing systems if possible.<\/li>\n\n\n\n<li>Data must be standardized.<\/li>\n\n\n\n<li>Don\u2019t allow for manipulation\u2014be wary of spreadsheets!<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-share-the-information\">Share the information.<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\n<ul class=\"wp-block-list\">\n<li>Set routines to collect the data and report.<\/li>\n\n\n\n<li>Don\u2019t have too many metrics.<\/li>\n\n\n\n<li>Internal comparisons across divisions and departments.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">KPIs in a construction company have been proven to assist in operational and financial improvements. If you\u2019re currently using KPIs, continue to internally challenge the metrics you\u2019re using and look for ways to improve your process. If you\u2019re not using KPIs, it\u2019s never too late to start. <a href=\"https:\/\/www.sage.com\/en-us\/blog\/3-ways-to-get-the-most-out-of-your-construction-software\/\">Your technology platform may change<\/a> over the years, but your company will always need data and the ability to analyze it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Editor\u2019s note: This article is for general information purposes only and is not to be considered as legal advice. This information was written by qualified, experienced BKD professionals, but applying this information to your particular situation requires careful consideration of your specific facts and circumstances. Consult your BKD advisor or legal counsel before acting on any matter covered in this update.&nbsp;<\/em><em>This article was first published April 2018.&nbsp;<\/em><\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">&#8220;Close the Books&#8221; Survey Results &#8211; 2020 Edition<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Download the PDF to receive insight and foresight for your close.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-8f570643-a975-4feb-83f3-448331a6f90a\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download now<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" 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related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-35702 post type-post status-publish format-standard has-post-thumbnail hentry category-construction tag-construction tag-project-management tag-construction-it tag-performance tag-productivity tag-sage-accounting business_type-small-business business_type-growing-business industry-construction-and-real-estate\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/construction-technician-performance-management\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1490969994-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" 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h5\">\n\t\t\tTechnician performance management for construction contractors\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-34463 post type-post status-publish format-standard has-post-thumbnail hentry category-construction category-strategy-legal-operations category-trends-insights tag-business-strategy tag-construction tag-construction-financial-management tag-construction-hiring-retention tag-hiring business_type-growing-business industry-construction-and-real-estate\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/2026-construction-industry-outlook\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1395324831-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1395324831-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1395324831-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1395324831-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-02-04T10:21:26-05:00\">February 4, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">4 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\t2026 Construction hiring and business outlook\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-34019 post type-post status-publish format-standard has-post-thumbnail hentry category-construction tag-construction tag-construction-reporting tag-construction-financial-management tag-construction-it tag-fixed-assets tag-staying-competitive business_type-growing-business industry-construction-and-real-estate\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/fixed-asset-tracking-software-construction-teams\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1203078768-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1203078768-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1203078768-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1203078768-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-01-12T10:09:46-05:00\">January 12, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">7 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tAsset tracking software for construction: Why teams need it in 2026\u2014and what to look for\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-33316 post type-post status-publish format-standard has-post-thumbnail hentry category-construction tag-construction tag-construction-it business_type-growing-business industry-construction-and-real-estate\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/conversations-in-construction-future-proofing-your-tech-stack-part-2\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media card-post__media--video\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1300161760-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1300161760-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1300161760-768x432.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1300161760-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__play-video\">\n\t\t\t\t\t\t<svg role=\"presentation\" aria-hidden=\"true\" focusable=\"false\" class=\"card-post__play-icon svg-icon\" width=\"28\" height=\"28\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 33 36\"><path d=\"M3.947.936C1.889 1.016 0 2.661 0 4.878v27.11c0 2.956 3.36 4.896 5.999 3.463l24.965-13.555c2.715-1.474 2.715-5.451 0-6.925L6 1.416a3.96 3.96 0 0 0-2.052-.48Zm.032 2.6c.232-.001.475.058.713.187L29.66 17.28c.986.535.986 1.774 0 2.309L4.692 33.144c-.952.517-1.999-.088-1.999-1.155V4.878c0-.533.261-.95.642-1.17.19-.11.411-.171.644-.172\" \/><\/svg>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t<svg role=\"presentation\" aria-hidden=\"true\" focusable=\"false\" width=\"24\" height=\"24\" class=\"card-post__meta-icon svg-icon\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 24 24\"><path d=\"M5.25 3C3.74 3 2.5 4.24 2.5 5.75v12.5C2.5 19.76 3.74 21 5.25 21h14c1.51 0 2.75-1.24 2.75-2.75V5.75C22 4.24 20.76 3 19.25 3zm0 1.5h14c.699 0 1.25.551 1.25 1.25v12.5a1.24 1.24 0 0 1-1.25 1.25h-14A1.24 1.24 0 0 1 4 18.25V5.75c0-.699.551-1.25 1.25-1.25m.25.75a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-8.25 2.751A1.248 1.248 0 0 0 9 9.251v5.5c0 .442.231.849.613 1.074.389.231.846.237 1.239.021l5.001-2.751c.396-.219.646-.639.646-1.094s-.25-.876-.646-1.095l-.001-.001-5.002-2.751a1.25 1.25 0 0 0-.601-.153zM5.5 8.25a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-8 1.423L14.731 12 10.5 14.328zm-5 1.577a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-13 3a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm-13 3a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5H6a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5zm13 0a.5.5 0 0 0-.5.5v.5a.5.5 0 0 0 .5.5h.5a.5.5 0 0 0 .5-.5v-.5a.5.5 0 0 0-.5-.5z\" \/><\/svg>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2025-11-24T09:00:00-05:00\">November 24, 2025<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">4 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tConversations in Construction: Future-Proofing Your Tech Stack, Part 2\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I recently visited with a client about the importance of forecasting, and the client displayed for me on a computer screen the daily key performance indicators (KPIs) they monitor. The client commented that the company can use the daily KPIs to predict monthly profits within a small variance and any significant balance sheet effect. This [&hellip;]<\/p>\n","protected":false},"author":94,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[44],"tags":[192,180],"business_type":[],"lilypad":[],"context":[],"industry":[50],"persona":[100],"imagine_tag":[246,234],"coauthors":[630],"class_list":["post-812","post","type-post","status-publish","format-standard","hentry","category-strategy-legal-operations","tag-construction","tag-construction-financial-management","industry-construction-and-real-estate"],"sage_meta":{"region":"en-us","author_name":"Tim Wilson","featured_image":"","imagine_tags":{"246":"Construction","234":"Enterprise Management"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/94"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=812"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/812\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=812"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=812"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=812"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=812"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=812"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=812"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=812"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}