Avoiding Common Pitfalls In Building Projects: Insights From A Quantity Surveyor’s Perspective
Embarking on a Building Project can be a formidable Task, especially for those unfamiliar with the intricacies of Construction Costs, Trustworthy Contractors, and Financial Management. As Quantity Surveyors, our role involves not only anticipating challenges but implementing Strategic Measures to ensure a smooth journey through the complexities of Building Projects. We guide our clients through every stage of the project to prevent common pitfalls that we’ll discuss in this blog. Whether you’re diving into a home renovation or undertaking a significant commercial project, keeping these common pitfalls in mind is pivotal for securing a successful outcome. Additionally, we explore effective strategies to overcome these challenges.
Pitfalls and how to avoid them.
- Unclear / Incomplete Client’s Brief: Before starting your project, craft a detailed client brief with specific goals, requirements, and anticipated outcomes. Include key elements like architectural drawings, material preferences, and a comprehensive timeline to minimise scope changes during construction, ensuring a smoother and cost-effective journey.
- Inadequate Financial Planning:
Start your project on solid ground by setting a realistic budget that considers potential risks, unforeseen costs, and budgetary delays. Finances are the lifeblood of your project, and careful planning ensures a smoother construction journey.
- Inaccurate Cost Estimation:
Take control of your project’s financial aspects by conducting a thorough cost estimation. Anticipate material price fluctuations and site conditions to prevent unexpected expenses that could lead to delays.
- Neglecting future costs (Life cycle costing)
Look beyond the present and consider the long-term impact of your choices. While cheaper building materials may seem appealing initially, assessing their durability and maintenance requirements empowers you to make informed decisions.
- Procurement of Contractor’s based on their price alone
Based on our experience, adopting a holistic approach to contractor procurement is essential. While price is a factor, consider broader aspects such as financial stability, experience, and resource-sourcing ability. The wrong contractor can cause delays, quality issues, or cost overruns so we urge you ask someone with experience in the construction industry for a reliable recommendation.
- Inadequate Risk Management:
Failing to identify and mitigate potential risks can lead to unforeseen issues during construction. Factors such as Weather-related challenges, Supply chain disruptions and cost fluctuations can cause delays so be sure to have a well-thought-out “backup plan” for all potential risks.
- Subpar Contractual Agreements:
Ensure a solid foundation for your project by seeking professional advice on contractual agreements. Clear expectations from the beginning minimise conflicts and provide a basis for resolution.
About Us
BeyondQS is a professional Quantity Surveying Practice, with over 25 years’ experience in providing first class services in the Property Consulting, Development and Construction Industry. We take pride in going the extra mile to exceed our client’s expectations. We strive to ensure personalised and professional service.
BeyondQS is a professional Quantity Surveying Practice, with over 25 years’ experience in providing first class services in the Property Consulting, Development and Construction Industry. We take pride in going the extra mile to exceed our client’s expectations. We strive to ensure personalised and professional service.