This presentation will include a brief overview of the project budget development process, and will then dive into the specifics of five common issues that arise from poor management of the process. It will discuss how better contracting and estimating techniques can help contractors avoid these issues, and how improvements in technology can help reduce these risks to an acceptable level.
Webinar will cover:
- How to lock-in fee enhancers through good contracting techniques
- How increased focus on planning/estimating, and realistic expectation setting with owners can reduce budget overruns and disputes
- How transparency about buyout savings and contingency can reduce the risk of dispute
- How to use tools and technology to improve budget related communications/tracking to owners