Cost Control Techniques in Construction

Construction is a major industry spreading rapidly with the increasing population of this world. History shows the rate of gradual increase in prices of Building materials, Skilled Labors, and  Machinery used in construction.

The concept of Supply and demand in Economics helps us to understand fluctuation and raises in the cost of Construction that cannot be  controlled as population is getting increase alarmingly.

What we can do to control the cost of construction is future cost control with present prices, so effectively we can control the cost  of construction adopting the following techniques.

1- Design of construction

Avoid over design and unnecessary use of materials and construction size ,it has been observed that mostly engineers do over designing using extra spaces and materials which causes high and unnecessary costs that is due to the lack of good and precise engineering knowledge.

2- Wastage of Labor and Machinery

It is has been observed that Managers and supervisors cannot manage scheduled usage of labor and machinery which causes low productivity and high unbearable cost burdens in construction.

Avoiding such problems Design feasible planning for labor and machinery usage and control every activity by motivation and routine supervision check and balance.

3- Appointment of skilled Team at Construction Sites

Skilled people do more productivity and precise work and also can control wastages very effectively so appoint people on a merit system.

 

4- Proper Estimation and Execution

Estimate materials and labor expenses properly and execute construction activities according to the limitations of Estimated budgets.

5-Preparation of  Detailed Drawing before Estimation.

Detailed drawing along with detailed specification should be prepared before estimation so that construction cost may be assessed accurately and also size, the number of construction elements may be controlled that will cause control of cost.

6-Maintaining Inventory very soon after Estimation.

As  we know market prices keep uplifting so purchase all material soon after the estimation and also do agreements with Labor contractors and give them time frames.

Follow times lines of project so that labor contractor can manage his teams accordingly avoiding labor and time failures.  

7-Avoid Changing in Design.

Do not change construction design when it is designed in the initial stages because when the design has changed the cost also gets the change.

  

 

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