In a world of changing construction costs, success hinges on accurate data
Every phase of the building lifecycle requires pristine accuracy – from planning to building – and the whole process begins with making sure your budget estimate is accurate. But inaccurate cost data inevitably leads to inaccurate estimates, inaccurate estimates lead to cost overruns and cost overruns can shut down a project altogether. I’m sure you’ve heard about at least one project that was halted or possibly never finished because it was started with a skewed budget.
It’s impossible for the cost data of yesterday to give a reliable vantage point for tomorrow’s construction project. In the average year, over 90%