Kick Off Your Commercial Construction Project With These Tips

All the complexities and high stakes of commercial construction could be easily and confidently navigated with the right kind of planning. The potential pitfalls could be obvious and they are usually missteps during pre-construction, design flaws and budget problems that result in problems throughout the construction project. Before breaking ground for any commercial construction project, there are some crucial aspects that a business owner should consider. Even some of the most demanding projects can be completed on time and budget without any hitches midway. Here are some of the essential aspects that can help you successfully kickoff a commercial construction project.

1. Come up With A Realistic Budget

Before you can start any commercial construction project, a building owner should first come up with a realistic project budget. Determining this budget helps the owner secure financing and evaluate project feasibility. Moreover, the budget can also act as a tool to select from among different construction site locations and designs. Once the budget has been determined, it is up to the owner to set the required date as to when the project should be completed. These factors are used to make certain that the project won’t incur any excessive cost overruns.

2. Develop a Constructible Design Plan

The moment an owner starts planning a construction project, they will most probably have a specific vision of what the final building will look like. Prior to commencing the project, it is imperative that the owner is comfortable with the design team’s ability to fulfill his needs as well as those of other people who will utilize the facility. As a result, the functionality and design requirements must be discussed thoroughly when the design-build plan is at stake. The contractor and owner must work together to make sure the design plan for the project is buildable and achievable. Moreover, all the project’s specifications must be well-communicated to the construction team.

3. Feasible Construction Schedule

The scheduling of a construction project is another crucial component of this process. This particularly applied in cases where there is a “drop dead” date when the project should be completed. A business owner could have crucial functional needs of the construction facility and as such, it is important to set a realistic time frame for the project to be completed. The time frame must be determined early in the project’s design planning process. And for the owner to remain confident that the schedule shall be realized, the contractor must closely monitor this schedule from the start to the end and promptly inform the owner of any changes arising.

4. Understand Project Risks

One of the main reasons why there is the need for a clear and concise schedule and budget is to help mitigate any unnecessary risks during the project. Despite the complexity, any construction project has its own risks. Always remaining vigilant and communicative through the construction process could help reduce the risks. In addition, the contractor should be aware that the owner is well-versed with all the potential risk areas and the parties who are meant to manage those risks.

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