Every project has a return on investment (ROI). ROI may be measured in dollars but also in some other form of a cost/benefit analysis. Regardless of how it is measured, prudent project planning includes an ROI analysis that incorporates the cost of a construction project based on a set of assumptions and contingencies. An owner can reduce overall project cost and improve ROI by reigning in cost overruns and unnecessary expenditures. This webinar covers effective strategies to shorten the construction schedule, avoid unnecessary costs and identify potential overcharges.
- Measure the impact of cost reduction on ROI
- Implement project controls most effective in reducing construction costs
- Understand how third party requirements for construction controls can reduce capital cost
For more information on this topic, or to learn how Baker Tilly real estate specialists can help, contact our team.