{"id":58252,"date":"2022-09-07T15:45:16","date_gmt":"2022-09-07T15:45:16","guid":{"rendered":"https:\/\/businessyield.com\/?p=58252"},"modified":"2023-01-26T15:06:05","modified_gmt":"2023-01-26T15:06:05","slug":"new-to-construction-management-4-factors-to-consider-planning-your-first-building-project","status":"publish","type":"post","link":"https:\/\/businessyield.com\/business-planning\/new-to-construction-management-4-factors-to-consider-planning-your-first-building-project\/","title":{"rendered":"NEW TO CONSTRUCTION MANAGEMENT?: 4 Factors To Consider Planning Your First Building Project","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Construction managers are meticulous thinkers. They are aware that there is always more they can learn to improve processes and drive their respective businesses forward. Even though these people have good instincts, they still need more than that. Many matters will inevitably require their attention, and they need to be able to persevere without being overwhelmed. Unfortunately, many construction businesses fail every month<\/a>, so the manager\u2019s aptitude for planning and preparation must be strong.<\/p>\n If you\u2019re on this career path, your first building project will test you in multiple ways. You should do your best to be prepared for most of them, while also being open to the prospect of surprises and adapting under pressure.<\/p>\n Here are four factors to consider when planning your first building project.<\/p>\n Building projects obviously can\u2019t go ahead without money. Therefore, the financial side of things should be impeccable before any further moves are made.<\/p>\n Every building project will have various budgeting requirements. Some of the things you might need to account for include:<\/p>\n There may be many more expenses to consider as well. The project budget will also need to be reviewed over time, so try not to perceive this as a one-off process. If partnerships, economic circumstances, or staff rosters change, amendments may need to be made.<\/p>\n A good budget can be a reliable roadmap, serving as the foundation for all your planning needs. It\u2019s important to collaborate on the budget, too, as colleagues may have valuable suggestions to make.<\/p>\n The construction industry has faced many difficulties securing supplies. While some turbulence may be expected occasionally, you should try to draft a handy list of suppliers who are less likely to fall short of your expectations.<\/p>\n A worthy name for inclusion is Hanson<\/a>, an aggregates supplier that can address many of your needs around materials. Their crushed rock, gravel, and sand come from various depots, wharves, and quarries and are distributed by water, road, and rail. Because they\u2019re so versatile in their operations, you\u2019re unlikely to encounter painstaking disruptions.<\/p>\n Hopefully, your list of primary suppliers will be short but sweet. Try to gravitate toward businesses that are specialists in multiple sectors and have a wide array of offerings. It\u2019s important not to be overwhelmed on your first building project, so the numbers of contacts need to be controlled, even when you\u2019re securing resources.<\/p>\n That said, it could also be a good idea to have backup names if emergencies arise and contacts are unavailable. After all, part of planning is accounting for every eventuality, and it\u2019s in your best interests to do so.<\/p>\n When planning construction work, health and safety should be of great importance. There can be a lot of pressure to get things right here, but the stress may not always be necessary.<\/p>\n#1. Maintaining a Watertight Budget<\/span><\/h2>\n
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#2. Know Where Available Resources Are<\/h2>\n
#3. Know Health and Safety Responsibilities<\/h2>\n