A system and method for managing a construction payment process. According to one method, a construction project management server receives draw initiation information from a device including a selection of a date on which a draw will be executed and a selection of one or more participants to receive a notification of the draw. The server accesses previously stored notification preference information stored on a computer readable memory that corresponds to one or more of the selected participants and transmits a notification to each of the selected one or more participants based upon the notification preference information.