Hidden Costs in Construction Projects (and how to avoid them) It’s inevitable in construction that projects can face unexpected costs, even construction projects that have the best thought out plans. These unexpected costs can put pressure on time, money and...
What is Contract Administration? Contract administration is the process of managing the terms, obligations, and deliverables outlined in a construction contract. It ensures that the project is delivered according to the agreed scope, on time, and within budget. The...
How Can Cost Plans Save Your Construction Company Money? Whether you’re managing a major commercial build or a school development, one thing’s for sure, you need to keep an eye on your budget. That’s where a solid cost plan for construction plays a part. In many...
An Insight to Modular Construction Written by James Elvy, Assistant Quantity Surveyor at Costplan What is modular construction? Modular construction is an innovative Modern Method of Construction (MMC) that involves manufacturing standardised units off-site in...
The Role of Cost Planning and Estimating in Cost Management Whether you’re working on a large-scale commercial development or a smaller construction project, surprises when it comes to project budgets is not ideal. Without an initial cost plan, cost issues can quickly...
The Ultimate Guide to Cost Planning for Construction Projects The biggest question surrounding a new project is “How much is this going to cost?”. That is where a cost plan comes in, and done right, keeps your project realistic, efficient, and financially stress-free....
