Skip to main content

Posts

Showing posts from March, 2022

How to Create Cost Savings in Construction?

In today's difficult economic scenario where most activity in the how to save money when building a house has drastically diminished, it is especially relevant to look at ways and means of scaling down costs. This might go some distance in the contributing to the revival of the sector which we are all so keen do well. The foundation of cost saving be laid during the planning and design phase. How we factor in the costs taking into account the entire life cycle of the facility to be built is critical. We must remember that construction cost forms only one part of the life cycle cost, and it will be the owner of the facility who will have to bear the costs after the construction phase. Therefore it is important to remember that any savings in costs at one stage should not be at the expense of quality, which may come back to haunt the owner at a later stage. While it is always a good idea to compartmentalize a project, it is essential that the level of communication between the divis