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Importance of Cost Planning Your Building Project.

A Thread πŸ›πŸ—πŸ§΅

#Costing
#Building
#Construction
#KnowledgeSeries
1. Construction projects are dynamic and continually changing.

✍🏿 You need to be able to anticipate challenges

✍🏿 Identify potential risks, and

✍🏿 Manage costs so you don’t get caught off guard when the unexpected happens.
2. Do it BEFORE ground breaking.

✍🏿 If you’re in the planning stage of a construction project, cost planning will help you set a budget for all project expenses that come with it.

✍🏿 Consider material costs, labor, subcontractor costs, and specialist services like Electricity
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