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What Is Job Costing in Construction?
Like many growing construction companies, Smith Construction thought they were job costing. The company could tell when a job made money or lost money, but it couldn't explain why. Every job had a budget. Labor, materials, and subcontractor costs were tracked in broad categories. The problem was that none of those systems were truly connected, making it nearly impossible to identify where overruns were occurring. That's where LyonBuilt started digging deeper.
Hope Lyon
5 days ago4 min read
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