Procore

5 Mistakes in Managing Your Construction Budget

A successful project starts with a properly managed budget. In this presentation, we'll dive into 5 of the most common budget management mistakes you don't know you're making. We'll talk about how to avoid these issues and how technology can help.

We'll discuss:

  • How to lock in fee enhancers through good contracting techniques
  • How increased focus on planning/estimating, and realistic expectation setting with owners can reduce budget overruns and disputes
  • How transparency about buyout savings and contingency can reduce the risk of dispute
  • How to use tools and technology to improve budget-related communications and tracking to owners

Start here.