About Druml Group, Inc. Earning Money in Construction Raising Capital in Construction Accounting in Construction Claim Recovery in Construction Controling Money in Construction Construction Collection Accounts Receivable Reducing Construction Risk Construction Bonds Construction Insurance
Druml Group, Inc.
 
 
 
 
 
 

56 Construction Risk Factors Report

56 Risk Factors that can Make or Break Construction Companies.

This reports serves as the basis for a compete business failure risk assessment for almost any construction company.Whether you're a Large General Contractor or a Small Specialty Contractor, you can't ignore the risk factors in this report.

It's a complete guide to identifying every area of your company that could cause a business failure. No matter what kind of construction company you are, this report is a must read.

To read the Introduction, click here.
To access this FREE report, click here!

Table of Contents

I. Introduction

II. Accounting Controls
  a. Cash Flow Management
  b. Contract Withholdings & Claims
  c. Doubtful Accounts
  d. Indirect Cost Allocation
  e. Internal Accounting Controls
  f. Receivables Collection
  g. Scheduled Accounting
  h. Tax Estimates
  i. Work in Progress Calculations

III. Asset Controls
  a. Equipment Costing
  b. Inventory Control
  c. Property Control
  d. Small Tools & Equipment Tracking

IV. Business Structure
  a. Bonding Limitations
  b. Business Planning
  c. Company Policies
  d. Focus on Expertise
  e. History of Change
  f. Job Descriptions & Responsibilities
  g. Organizational Structure
  h. Project Difficulty
  i. Project Sizes
  j. Related Party Transactions
  k. Speed of Growth
  l. Stability of Workforce

V. Cost Controls
  a. Budget Preparation
  b. Cost vs. Budget Analysis
  c. Historical Job Profit & Loss
  d. Job Cost Tracking
  e. Project Buyout Procedures
  f. Project Manager Procedures
  g. Purchase Order Control
  h. Turnover Meetings

VI. Efficiency Factors
  a. Communication Means & Methods
  b. Networking & Computerization
  c. Office Layout & Workflow
  d. Utilization of Technology

VII. Liability Controls
  a. Equipment Debt Burden
  b. Lending Agreements

VIII. Potential Exposure
  a. Delinquent Payments
  b. Insurance Claims
  c. Insurance Renewals
  d. OSHA Compliance
  e. Pending Lawsuits
  f. Project Closeout

IX. Safeguards & Contingencies
  a. Accounting System Backup Procedures
  b. Fraud Prevention
  c. Key-Person Insurance
  d. Safety Plan & Implementation
  e. Succession Plan

X. Sales Controls
  a. Backlog Scheduling
  b. Bidding Procedures
  c. Cost Conversion
  d. Market Analysis

XI. Uncontrollable Factors
  a. Outside Interests
  b. Weather Impact

XII. About Druml Group, Inc
::  contact us   |   feedback form   |   site map  ::
© Copyright 2003-2005 Druml Group, Inc.

2Checkout.com is an authorized retailer for Druml Group, Inc.