{"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

#1. Maintaining a Watertight Budget<\/span><\/h2>\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