The Impact of Design Changes on Construction Project Budgets

the impact of design changes on construction project budgets

The Impact of Design Changes on Construction Project Budgets Design changes are an inevitable aspect of construction projects. While they can lead to improved outcomes and client satisfaction, they often come with significant financial implications. Understanding the impact of design changes on construction project budgets is crucial for effective project management and cost control. Causes […]

AIA vs. ConsensusDocs: Who’s Looking Out Who?

AIA vs. ConsensusDocs Construction Contracts

For professionals in construction—whether you’re a project manager, engineer, construction auditor, accountant, or expert witness—the problem of cost overruns is an all-too-familiar challenge. Even with thorough planning, most construction projects exceed their budgets, leading to frustrated stakeholders and financial losses.
Why does this happen, and how can you avoid cost overruns on your projects?