Cost Control: Reevaluating the Challenges that Derail AEC Budgets
Cost overruns have long been a challenge in the AEC industry.
In this guide, we’ll explore the common factors driving cost overruns, including:
- Volatile market conditions.
- Change orders due to misaligned priorities.
- Wasteful design practices.
- Misapplication of value engineering.
- Conflicts between trades in the field.
We’ll also identify new strategies for addressing these challenges. With stronger insight into how to address the most common budget-busters, owners and developers can move their next project out to bid with confidence that it can and will achieve their priorities.