Category Archives: Project Budgeting

For Your Electrical Project, Planning Is Crucial

When taking on an electrical contracting job, it is imperative that you invest a good deal of time in careful electrical project planning with attention to detail. You should have a game plan for every step of the job including:

  • The initial stages of electrical project planning and development
  • The construction phase and project delivery
  • Project close out

All members of the project team (such as construction project managers, engineers, estimators, foremen, etc.) should be involved in the electrical project planning process and should be in close communication with one another throughout the job in order to ensure that any changes to the plan are understood by all and to make certain that everything goes smoothly and according to plan. Read more.

Contractor Management: How to Manage Your Project Budgets

In a struggling economy, it can be a very nerve wracking experience to take on a construction project (no matter how major or minor) with the help of a professional contractor. For most businesses, budgets are tight, and it seems that when it comes to construction projects, the unexpected is always waiting to happen and rack extra dollars onto your bill.

Though there are obviously issues that may arise that are beyond the control of anyone, there are steps that you can take to help keep your project budget under control, and as close to your original cost projections as possible. When you adhere to these simple yet highly effective contractor management tips, you will be able to successfully stick to a reasonable project budget. Read more.

5 Vendor Evaluation Questions: Finding the Right Commercial Contractors for Your Business

Being a business owner, regardless of its size, can be a challenge in many ways. Problems are bound to spring up left and right. When it comes time for you to find a commercial contractor for inevitable maintenance work, how do you know which vendor to go with? These 5 Vendor Evaluation Questions should help steer you in the right direction when you’re attempting to find a commercial contractor. Read more.