Budgeting

Accurate budgets are prepared by reviewing defined scope, preliminary drawings, and current market pricing. This includes quantity reviews, trade input, allowances, permit-related costs, and long-lead items. Early validation of pricing assumptions helps ensure the budget reflects real construction conditions rather than estimates alone.

Yes. Cost tracking during construction typically includes monitoring committed costs, progress claims, and approved changes against the original budget. Regular reporting helps maintain financial clarity and allows adjustments to be made based on current project conditions.

When unexpected costs occur, the issue is reviewed to understand the cause, potential impact, and available options. This may include evaluating scope adjustments, sequencing changes, or alternate solutions so informed decisions can be made before costs escalate further.

Budgeting and scheduling are closely linked. A realistic budget supports timely procurement, trade engagement, and resource availability. When costs are aligned with the construction sequence, projects are less likely to experience delays caused by funding gaps, rework, or last-minute changes.