CUTTING CONSTRUCTION COST











Construction industry is a key contributor to any nation economy. In fact  it is one of the most important industry in nation building.

Term cost cutting is a term that is really looked upon by anyone who is planning to have a construction project. it is a dream come true for anyone to finish his\her project but some time it becomes difficult to do so because of some factors that can be avoided.

The following are tips of lowering costs in your construction project.

1.Build a healthy relationship with contractors and suppliers - getting suppliers and contractors who are up for negotiating their rates is not an easy task, you need to use every means possible and develop a long time relationship with them, because getting them on board opens up the scope for you to do business with them in future. Negotiating and getting the best rates from them can really help in cutting overhead cost  in your projects.

2. Estimate your costs - cost estimation is the most important point to consider before rolling out your project, because wrong estimations can lead to more financial blunders in the later stages. To prevent this i would advice you find a professional for accurate estimates because accuracy is what that matters.

3.Avoid reworking - rework in construction project is referred to unnecessary effort of re-doing an activity that was incorrectly implemented in the first instance.
There are ways you can do to minimize reworking in your project which can greatly help in cost cutting. This are;

-schedule work

-Set quality standards
-Encourage specialization
-call for help
-Improve field communication
-Establish reasonable construction schedules just to name but a few .

4.Avoid risk and uncertainties early - identifying  risk that may arise in the early stages of your project can greatly help in cost cutting.
while identifying the risk ensure to allocate some cash because most clients forget to do so.

5. Hire multipurpose labor - during hiring process ensure to look for workers who can fit into multiple roles . Through this you are assured of getting more output with less input.

6.Reduce number of walls - make your house as spacious as possible  by reducing the number of walls , this will reduce the surface area and will reduce the cost. Again it allows light to enter the house thus reducing electricity expenses.

7.Invest in better technology - there will always be newer gadgets and equipment  that will enable you to do things faster in your construction site and at lowered costs. You need to go for such machinery in case you need one .

It is important to exercise caution and investigate in detail where your money is going to be spent on your construction site.

Thanks for reading

For more inquiries you can call or whats up me on 0711715498 or
 Email johnicmaina@gmail.com
Twitter @johnicmaina
Facebook ; johnic maina




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