Keeping projects on track
Posted: Wed Dec 18, 2024 5:26 am
Cost overruns can occur on general contracting projects, but they can be avoided or mitigated by closely monitoring the project. Your general contractor should also be good at project monitoring.
Here's how to stay on budget and on schedule:
Stay engaged with regular check-ins.
Resolve issues immediately to avoid escalation.
Documentation and budget for any changes.
Avoid common pitfalls
Renovation can come with unexpected twists and turns, but knowing the us number details common pitfalls can help keep your project on track.
Be aware of scope creep - minor changes or additions can quickly escalate and exceed your budget. Stick to your original plan, carefully weighing the costs and need for any changes.
For an accurate estimate of costs, get a detailed quote and budget for an additional fee (usually 10-20%) to account for unexpected circumstances.
To avoid delays, set a clear timeline, make sure all materials and permits are ready, and stay in regular contact with the contractor to resolve any issues promptly.
Here's how to stay on budget and on schedule:
Stay engaged with regular check-ins.
Resolve issues immediately to avoid escalation.
Documentation and budget for any changes.
Avoid common pitfalls
Renovation can come with unexpected twists and turns, but knowing the us number details common pitfalls can help keep your project on track.
Be aware of scope creep - minor changes or additions can quickly escalate and exceed your budget. Stick to your original plan, carefully weighing the costs and need for any changes.
For an accurate estimate of costs, get a detailed quote and budget for an additional fee (usually 10-20%) to account for unexpected circumstances.
To avoid delays, set a clear timeline, make sure all materials and permits are ready, and stay in regular contact with the contractor to resolve any issues promptly.