Benefits Of Building Budgets
Building Budgets have very practical benefits that let you set your Budget and then measure your expenditure against it, allowing Cost Control through-out the Building Project.
Building Budgets are necessary at each stage of the Building Project to be able to get an idea initially of how much the Building Project will cost and then be able to monitor and compare the Building Budget against the Actual Costs as the Building Project progresses.
If the Building Budget is done properly and covers all the Work Items in the Scope of Works, then the Building Project should be able to run ‘on’ Budget.
As the Design Documentation is finalised and more information is known, the Building Budget becomes more detailed and accurate.
It is important that all the Items you wanted to include in your Building Project are included in your Building Budget, to avoid possible later disappointments.
This is where a Quantity Surveyor or Estimator can be very useful.
Quantity Surveyors or Estimators can use their knowledge and skills to make sure that everything that you wanted for your Building Project is included. They can also give you the costs of every Item and a total cost to compare against what money you have available to spend.
If you need an appropriate Quantity Cost Professional to assist you, tell us what type of Building Project you require a Building Budget to be done for and we will find suitable Quantity Surveyors or Estimators.
Just fill in your details in the box, on the top right hand side of your screen.
It can save you lots of time, money and effort.