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Owner and Developer Project Success Is In The Details!
Success for an owner is having a budget that can be met at bid time by the contractors. This isn’t due to luck. It is due to the project management team understanding that budget development on a...
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Budget Pressure on Contractors
Recently we have been asked by contractors and subcontractors to help them budget projects. This is nothing new. What is new is that these budgets were being prepared about one month prior to bids...
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Estimators Are You Pulled In Every Direction?
Estimators have always been great multi-taskers. They are cultivating relationships with subcontractors and suppliers while they are scheduling the projects. Estimators are also bidding work and...
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A Bad Construction Budget
What happens when you have a bad budget? Just ask the Minnesota Vikings! The stadium is between $10 and $25 million dollars over budget and the sales of the bonds to help fund the project could be...
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The Owner Who Knows What’s What
I recently had the pleasure of working with some owners to help set their budget for a planned renovation. The owners knew from the start that understanding the costs would be a large part of a...
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My Thoughts On Construction Budgets
I have had some dealings lately regarding construction budgets, and I was asked to contribute my thoughts. The budget starts with the owner’s vision. There is no known dollar amount at this time, but...
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Owners and Developers, Want A Successful Construction Project?
Let’s take another look at this! A lot of folks in the industry may not see the importance of accurate numbers to the overall success of a project! – Justin Owner & Developer Project Success in the...
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A Free Estimate
The myth of the “free” estimate is one that I have to constantly battle. A free estimate is an estimate that is provided to a contractor, owner or architect for no cost, in the hopes that when the...
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Construction Projects Over Budget
What happens if your project is over budget? You could end up paying more, the project could get canceled, or the project could get started and not finished. All of these options have serious...
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Bids And Budgets
I was talking with a friend of mine about the construction industry over lunch. He was telling me about a bid that he had the opportunity to review. There were 16 scopes of work, and they only had one...
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