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Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment. Validate Contractor and Subcontractor Quotes Obtaining comparative bids on all subcontracted work will not provide sufficient cost visibility. Controlling Construction Costs is not rocket science 1.

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These 5 essential traits in your team are the secret to a successful construction project

Fieldwire

There’s more to a successful construction project than enough resources, workforce and budget. Effective project management Successful subcontracting relies on effective project management. Job costing: This allows team members to compare the initial budget with actual project costs, as well as send purchase and exchange orders.

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Activities and liabilities of Quantity Surveyor and Quality Manager

Construction Cost Estimating

Quantity Surveyor: The prime intention of the quantity surveyor is to measure the amount of materials required for building work as well as estimate the cost of the materials.

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Types of Estimate found on various stages of a Project

Construction Cost Estimating

An estimator has to be very careful about the quantity takeoff using the given data such as drawings, specifications and other documents about the project. Direct Cost includes cost of materials, equipment, labor and subcontracted cost; while the Indirect cost includes overheads and contingency.

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Construction Project Closeout

cnstrctr

In order to get occupancy you need a number of documents from your consultants and various agencies but ultimately it’s the building inspector who grants occupancy. Some of the documents they will be looking for include: Letters from each of the consultants confirming that the project is built to drawings and specs.

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Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

These reports should summarize the overall budget, potential change orders, cash flow, risks and more. Forecast – the forecast needs to at a bare minimum identify what your budget numbers are, costs or committed costs to date and anything left over or any over run. Ensuring your client is aware of their costs is important.

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“Innovation is purposeful”: How Skanska’s Sr. Precon Technologist Drives Change

Autodesk Construction Cloud

Since then, I’ve had the opportunity to work on many reputable projects with companies in architecture, subcontracting, general contracting, and real estate development. In general, people have a hard time visualizing a mental picture of 2D construction documents. You have digital 2D documents that can be marked up virtually.