Cost Savings & Financial Matters

Why retain a Construction Manager?  Large construction projects can be complex, with many “moving parts”.  A good Construction Manager is like the glue holding the process together, educating and leading Owners through the challenges of design and construction.  The benefit of an independent team of professionals managing the project is enormous.  A professional Construction Manager will: [...]

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Schedule, scope and cost are the essential bottom-line issues faced by every project, regardless of size. They are always competing. Typically, everyone is looking very carefully at cost, but schedule very much affects cost and is often the hardest element to manage. There are strategies, however, to manage the “bottlenecks” that threaten to bog down [...]

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Budgeting and Cost Estimating

by Bart Mendel on November 4, 2010

Best practices dictate that a total project budget be developed early in a project, then the design managed to meet those budget requirements.  A total project budget should include, in addition to hard construction costs, all architecture, engineering fees, inspections & testing, permits & fees, furniture & fixtures, construction management fees, contingency, cost escalation and [...]

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