Comments on 10 Construction cost saving tactics that could backfire
Peter MullenI fully agree with all of Paul's points. During my time as a Director of a major Construction Company we used to do Pre-Plans on all Projects. This...I fully agree with all of Paul's points. During my time as a Director of a major Construction Company we used to do Pre-Plans on all Projects. This is where the Site team completely stripped the Tender and and budget etc. In most cases it could be proved that all things being equal the Project would meet or better the Budget. Occasionally it highlighted mistakes in the Tender and forecast a loss. Once the board was convinced of a loss, new budgets were developed and the forecasted loss became the site teams goal. This helped to keep up the site teams moral and made the whole team aware of the daily cost against allowable. Bonuses were actually paid if the Project came in at the budgeted loss or better.Show moreSunday, 06 January 2019 09:22
With more than 28 years of construction experience, Paul Netscher has worked in senior management roles with construction companies in Australia and South Africa. He has written three books for construction professionals; ‘Successful Construction Project Management: The Practical Guide’ and ‘Building a Successful Construction Company: The Practical Guide’ and his latest book ‘Construction Claims: A Short Guide for Contractors’. These practical easy-to-read books are filled with examples and lessons that Paul encountered in his career and are available from Amazon and other online stores. Visit www.pn-projectmanagement.com to read more useful articles by Paul.