7 KPIs for Optimizing Construction, Architecture, and Engineering Contracts

By Timothy Donaghy, CTO
Construction Today Magazine, April 23, 2019

Whether they are lump sum, cost plus, time and materials, or unit pricing, contracts are the backbone of your organization. Building solid contract management processes is key to the success of your business. Given the wealth of data contained in contracts, you can use numerous key performance indicators (KPIs) to evaluate and improve your processes. This will enable you to mitigate risk, decrease cost and increase revenue.

Below are seven KPIs that construction, architecture and engineering businesses can use to optimize contract performance…

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Construction Contract KPIs