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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

Budgeting 337
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The Way Construction Finance Should Be

Construction Business Owner

CoFi’s founders were once builders themselves and we understand theneed to finish your project on time and on budget. CoFi’s flexible loanprograms and streamlined draw submission, payment, and digitalinspection processes tackle those obstacles head-on.

Finance 367
professionals

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Commercial Construction Project Management Trends: How to Survive the Incredible Shrinking Timeline

HardHatChat

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

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How to Create a Successful Restaurant Construction Schedule

HardHatChat

To ensure your restaurant opens on time and within budget, make sure you have your delivery dates nailed down and align yourself with an experienced restaurant construction firm. We recently gave a restaurant trade magazine some tips on budgeting for a restaurant construction timeline. The finishes being used in the restaurant.

Schedule 258
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What You Should Know Before Taking a Construction Loan

Construction Marketing

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. Before approving your loan, the lender must review your projected budget estimates, detailed construction plans, and construction timelines to decide on your loan amount. How construction loans work.

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Beating the Blame Game

Construction Business Owner

When the budget spirals, it’s the owner’s fault for not managing scope. And when coordination issues come up in the field, it’s the architect’s fault for submitting incomplete drawings. When the schedule slips, it’s the builder’s fault for not controlling their subs.

Drawings 205
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Paper vs. Clunky Software vs. Integrated Construction Solution

Viewpoint Construction Technology

Communication and information sharing across the entire organization is vital for staying productive and completing projects on time and under-budget with minimal mistakes. Equipment and materials cost that is written on paper often doesn’t reach a system that is tracking job costs — leading to over budgeting and spending.

Software 277