Your renovation project can finish on time and within budget, and you can make it happen. First, create a word document or write down on a note pad what you want to achieve with your renovation, and that will be your business case. Write down the kind of budget you have in mind, and your idea completion date. Second, create a project plan in Microsoft Excel which covers all of your renovation tasks. Each task should have an estimated time and budget.
You can look up products online or you can visit your local hardware store to ensure your project budget is accurate. You can consult renovation websites to ensure you are covering everything needed to complete the task, and you can also ask the professionals at the hardware store. You need to sequence your tasks to ensure they are in a logical order. You should obtain at least three quotes for any large pieces of contract work you are planning, because that will allow you to get an idea of a fair price for the job. Finally, you should schedule regular progress meetings with any contractors working on your renovation. You should track your budget on a weekly basis at a minimum to ensure your costs are not getting out of control. You can use your project schedule file to track your budget, but you should create a new tab specifically for your budget. You should review your schedule progress on a weekly basis as well, and you should look at options to recover your schedule if you fall behind. You can bring in additional contract resources or you can take time off work yourself. Please leave comments and suggestions, and let me know what other topics interest you.
0 Comments
Leave a Reply. |
AuthorI have managed over $1 Billion worth of projects successfully, and I have learned a lot along the way. We can make managing projects easier if we share knowledge with each other and invest in one another. Archives
March 2017
Categories |