Cost control proceduresCost planning and controlDesign team cost considerationQuality control in constructionProject management of constructionCost planning purposeWhy cost management is important In a projectCost control constructionCmu project managementObjectives of cost controlCost controlPrepare the plan for the safety quality control and economic aspects in building maintenance issueProject cost managementCost control measures

Construction Cost Management 101 - Digital Builder

文章推薦指數： 80 %
投票人數：10人

The basic function of construction cost management is to keep your job on budget and avoid the project eating into your bottom line. In other ... Newsletter SUBSCRIBE ConstructionCostManagement101 Cost ByGraceEllisJuly2,20207minread Yourultimateguidetoconstructioncostmanagement,andhowtoimproveit. Trackingconstructioncostsandmonitoringriskwhilekeepingajobonbudgetcanbeoneofthebiggesthurdlestoanybuildingproject.Findingwaystodoallofthesethingsefficientlymakesahugedifferencewhenitcomestodeliveringaprojectontimeandonbudget.  Oneofthemostimportantefficienciesyoucancreatetobestpositionyourselfforgoodprojectoutcomesisfine-tuningyourcostmanagementprocess.Thiscanaffecteverythingfromthebiddingprocesstochangeordermanagement,yourteam’sefficiency,andultimately,yourbottomline.Here’salookatallthingsconstructioncostmanagement,includingwhatitis,whyitmatters,howtoimproveit,andhowhavingtherightprocessesinplacecansetyouupforsuccess. WhatisConstructionCostManagement?  Thebasicfunctionofconstructioncostmanagementistokeepyourjobonbudgetandavoidtheprojecteatingintoyourbottomline.Inotherwords,effectivecostmanagementsetsastandardforallprojectcosts,andmakessureyourspendingthroughoutthecourseofthejobisstayingontrack. Costmanagementaffectsallphasesofaproject,includingplanninganddesign,estimation,on-sitespecialitycontractors,changeorders,andofcourse,thefinishedproduct.Itcanalsoplayacriticalroleinensuringyourteamhasareputationforbeingproactive,efficient,andaccuratewhenitcomestoestimatingandexecutingonaproposedprojectbudget. Atitscore,effectivecostmanagementmeanshavingthesystemsinplacetoensureaconstructionprojectwillbecompletedonbudgetandwithinscope. ThePitfallsofPoorCostManagementinConstruction ConsultinggiantKPMGestimatesthatjust31%ofallconstructionprojectscamewithin10%oftheirinitialbudgetsin2015.Inconstruction,aswellasmanyotherindustries,oneofthemostcommonwaystotrackprojectbudgetsisbyusinganalogmethodspoweredbyExcel.Theproblemwiththeseprocessesisthattheyaresiloed,creatingadisconnectbetweencostmanagementpracticesandchangeorderworkflows,andtherestofaproject’sinformation. Workingwithsiloedcostmanagementsystemsincreasestheriskforerrorresultingfromanumberfactors.Thesemisstepscanincludetheduplicationofeffort,thepassingofdatatoandfromaccountingsystems,andtheinabilityofteammemberstoseedatainrealtime.Allofthisaddsuptoafragmentedcostmanagementprocessthatcanleadtowastedtimeandmoney. HowtoImproveConstructionCostManagement:6Steps Thereareanumberoftoolsavailabletoimprovecostmanagementinconstruction,includingnewtechnologiesandplatforms,andsolutionsforeverystepoftheprojectlifecycle.Readonforsixwaysyoucanimproveyourapproachtoconstructioncostmanagement. Youcanalsodownloadourguide,“ConstructionCostManagement:TheKeytoSuccessful ConstructionProjects.” DOWNLOADNOW 1.Useaconstructionmanagementplatform Constructionmanagementsoftwarecanhelpbringcostcontrolworkflowslikebudgetandcontractmanagement,paymentapplications,andchangeordersintooneplatform,thusreducingriskandprovidingareal-timelookatthefinancialhealthofaproject.Usingconnectedconstructionprojectmanagementsolutions(i.e.solutionsthatconnectconstructiondataandprocessesacrossaproject’slifecycle,fromdesignthroughoperations)ensuresteamsalwayshavethemostrelevantandaccurateinformationregardingprojectcosts,nomatterifthey’reonsiteorattheoffice. Therightconstructionmanagementsolutioncanplayamajorroleinkeepingyouontopofprojectcostsinanumberofways.First,itcanprovideasinglesourceoftruth,centralizingallcostdatainoneplacethatiseasilyaccessible.What’smore,theseplatformsoftenhavesolutionsthatallowforflexibilityincustomizingbudgetcodes,hierarchicalbuildups,andsegmentoptions. Anotherbenefitofconstructionmanagementplatformsisincreasedvisibility.Cloud-basedprojectmanagementsystemsofferreal-timeaccesstoinformationonthefinancialhealthofaproject,allowingteammemberstoviewasummaryofallbudgetitemsandcontractsprovidingaclearpictureofrevenue,costs,forecastandvariancerelatedtoeachitem. Finally,constructionmanagementplatformsprovidesecurity,allowingteamstosetuserpermissions,ensuringonlytherightprofessionalshaveaccesstonecessaryprojectinformation. 2.Setaccuratecostestimatesfromthestart Estimationisintegraltoaproject’ssuccess,asinaccurateestimatescancauseyoutolosecompetitivebids,eatintoprofitmargins,andevendamageyourreputation.Thereareanumberofchallengestocreatingaccurateestimates,includinghavingmultiplesourcesofmaterials,andthemassiveamountoftimeitcantaketoaccountforeverylastprojectdetail. Still,therearemanywaystoimproveestimatesthroughmodel-basedestimationplatforms.Theseplatformsallowforanestimationprocessbasedona3Denvironment,whileofferingtheflexibilitytomakechangestoprojectdetailsinrealtime.Thistranslatestoincreasedefficiencyandaccuracyintheestimationprocess,settingyouupforsuccessfulcostmanagementandstartingaprojectoffright. 3.Trackbudgetitemsinrealtime Havingreal-timeinsightintotheconstructionbudgetiskeytostayingontrackfinanciallyoverthecourseofaproject.Anumberofconnectedconstructiontoolscanhelpyouvisualizecost-relatedriskbymonitoringandtrackingbudgetitemsandfactorsaffectingcostastheycomeup,providingaclearpictureofthefinancialhealthofaproject.Thiswillhelpwithbothaccurateforecastingandcostcontrolthroughouttheentirejobprocess. 4.Integrateprojectcontracts Stayingorganizedandontopofmultiplespreadsheets,folders,anddocumentstomanagealltradecontractorsandsupplierscanbebothstressfulandtime-consuming,nottomentionextremelyinefficient.Therightcostmanagementtoolscanhelpyoumoreefficientlycreate,edit,andviewcontractsinacentralizedlocation.Thisalsomeansthat,becauseallcontractsareautomaticallyassociatedwithcostitems,teamscaneasilyviewahistoryofcostitemsbysupplier,keepingbothcontractandcostdataorganizedandaccessible. 5.Streamlinethechangeorderprocess Thenatureofchangeordersistoshiftthecourseofaprojectinoftenunforeseenways.Thisinevitablyleadstocostadjustmentsthatcansometimesbedifficulttomanage.Inordertobestpositionyourselfforoptimalcostmanagement,thechangeorderprocessmustitselfbeoptimizedtoensureyourprojectisstayingontrack,evenwhenchangescomeyourway. Streamliningthechangeorderprocessstartswithchoosingtherighttoolstomanageupstreamanddownstreamworkflowstocreateclearaccountabilityandensurenothingslipsthroughthecracks.Cloud-basedplatformscanhelpimprovecommunication,visibility,andcollaborationthroughoutthechangeorderprocess,andensurethatteamshaveallofthedatatheyneedtomakecost-effectivedecisionsasaprojecttakesanewcourse. Leveragingaconnectedconstructionplatformkeepsyourteamorganizedandreadytorespondtochangeordersatanyphaseofaproject.Thiswillhelpprojectteamscontrolcostsandconfirmallchangesareaccountedforandeffectivelymanaged,allowingyoutomaintainapositivecashflow,reducerisk,andmaximizeprofits. 6.Conductariskmanagementassessment Understandingandpreparingforbudgetrisksisvitaltoproactivelymanagingcoststhroughoutthecourseofaconstructionproject.Theimplementationofbusinessintelligencetoolsisontherisetoservethisverypurpose,allowingprojectmanagerstoidentifycostandbudgetrisksbeforetheybecomemajorissues. Businessintelligencetoolsworkbyputtingdataatthecenterofaproject,andtransformingthisinformationintointelligentsolutionsforprojectoptimization.Forexample,toolslikeConstructionIQincludebuilt-inmachinelearningandAIfunctionalitythatpermeatesacrossaconstructionmanagementplatform,BIM360,toidentifyhigh-riskissuesthataffectcosts,schedules,quality,andsafety. GettheCompleteConstructionCostsGuide Costmanagementaffectsnearlyeveryaspectofaconstructionproject,sogettingitrightisvitaltoachievingthebestoutcomesforajob.Innovativetechnologies,likeplatformsthathelpimprovegeneralprojectmanagement,accurateestimation,budgettracking,contractintegration,changeorderoptimization,andriskassessment,providevitalconstructioncostmanagementsolutionsthatcansetyouupforsuccesstimeandagain. Lookingforaguideto helpyouimproveconstructioncostmanagement?Downloadourguide,“ConstructionCostManagement:TheKeytoSuccessful ConstructionProjects.” DOWNLOADNOW     GraceEllis EditorinChief,DigitalBuilderBlog,Autodesk Newsletter Constructiontrends,tips,andnews–deliveredstraighttoyourinbox Thankyou!Youhavebeenaddedtoourlistandyouwillhearfromussoon. YOUMIGHTLIKE… Data&Analytics ConstructionData:HowtoMakeitValuable&AccessibletoAECOStakeholders Stories ScalingforSuccessinthePlantandManufacturingIndustryThroughStandardisedWaysofWorking Privacy/Cookies| Privacysettings|Donotsellmypersonaldata|AutodeskPrivacy|Legal|ReportNoncompliance|Sitemap|©2021AutodeskInc.Allrights reserved Newsletter SUBSCRIBE

請為這篇文章評分？

延伸文章資訊