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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