B2W Flipbooks

Designing a Cost Code Structure for Heavy Construction

Issue link: https://construction.trimble.com/en/resources/i/1520103

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CONTENTS Why Focus on Cost Codes ................................................................3 Identifying the Goals .....................................................................................3 Involving the Right People .................................................................4 The Ideal Level of Detail ......................................................................5 Choosing a Character Scheme ................................................................6 Organizing by Category ......................................................................6 Implementation Tips ......................................................................................7 Cost Code Structure Examples ........................................................8 Designing the Right Cost Code Structure For Heavy Construction Companies An effective cost code structure drives synergy and efficiency across estimating, performance tracking, accounting and reporting. Based on experiences of an expansive range of contractors using B2W Software, this whitepaper presents valuable tips for developing a strategy, structure and level of detail to meet the requirements of any company - regardless of size, software systems used or type of heavy construction work performed.

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