Commercial construction projects take time and careful planning to be successful. Getting through your project without tearing out your hair or missing deadlines is a fine art that takes years of first-hand experience and industry know-how.
If you’re undertaking a big construction project soon, there are several aspects that you need to consider. The best way to get your project off the ground and completed on time and within the budget – you will need to follow these five steps below:
Budget First
Before starting any major build project, you must have your budget figured out. There is not much point in thumb-sucking figures – all that leads to is disappointment and incomplete projects.
You might not think that happens often, but if you think of the number of abandoned construction projects you’ve driven past, you will realize that it is a problem that is all too real among inexperienced construction companies.
Your budget will be used to secure the necessary funding for the project or allow you to be sure that you have the capital for such a large undertaking. When planning your budget, ensure that you include a 10% contingency in it – that way, if something unplanned happens – you will have the necessary funds to deal with it.
Set Realistic Goals
There is nothing worse in the world of service delivery than overpromising and underdelivering. Construction companies should be both building and customer-centric, meaning that the quality of the build is as important as the satisfaction of the customer.
When planning your next major construction project, take the time to properly plan out the job. Include every element that has a potential impact on the deadline date or budget, and ensure that you set healthy and realistically achievable goals.
Goals are essential for the project and the team completing it – a sense of accomplishment goes a long way during a lengthy construction build.
Choose The Right Commercial Contractor
Your designated commercial contracting team will make or break your project. Commercial contractors offer multiple delivery methods for completing such a massive undertaking including design-build, hard bid, and cost-plus renovations – just to name a few.
Construction projects can go awry if rules and regulations are not strictly adhered to, for example – have you given any thought to hazardous materials remediation during commercial construction projects?
That is a vital element of any construction project, and you are required to obey the law, which is why you need to hire an experienced and qualified team to assist.
Communicate Frequently and Clearly
Communication throughout a commercial construction company is essential. That is the only way that all teams on the ground, as well as senior stakeholders and suppliers, can all be on the same page during the various stages of the progress of the building.
As a construction or project manager, you need to anticipate the unexpected during the construction process. To minimize the fallout from these unforeseen situations, you need to communicate with your contractor regularly.
Build A Winning Team
Last, but not least – the final ingredient for a successful construction project is to ensure that you build a winning team. One bad apple among your managers or site foremen and your project could be up in smoke.
Put together a team that will be inspired to complete the project to the same level of perfection as the top-ranking stakeholders do – that is the winning recipe.
