Preconstruction Budgeting and Construction Phase Cost Management

Event Details

    Every building and construction project is unique with its own opportunities and risks. And as many building and construction projects are highly capitalised, it’s imperative that effective budgeting is established prior to commencement of the project as well as a robust cost management process throughout the construction phase. Clients and contractors alike have need to minimise construction costs within criteria set for functional requirements and quality to delivery best value for money.

    Highly successful projects are reliant on quality of advice and cost containment, minimising risk and eliminating surprises. This course provides all the necessary skills and tools to help you get up to speed with the complex construction budgeting and cost management process, contract-related pricing challenges whilst managing risks and controlling costs that are inherent in the construction process.


    Key Learning Outcomes

    • Effectively manage pre-construction budgeting and construction phase costs
    • Understand and use the right tools for accuracy, reliability and efficiency
    • Prepare and present budgets
    • Develop effective cost management best practices


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