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Topic : Portfolio Construction
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Construction Planning & Management

 
Started by : Anjali Sinha, Construction-Heavy, Sobha Developers   11 20 2008 08:18:43 +0000
Industry : ConstructionFunctional Area : Homes(Personal Interests)
Activity:  35 views;  last activity : 07 06 2010 20:18:09 +0000

The perfect storm of soaring fuel costs and intensified global demand has caused major volatility and rapid escalations of construction material costs, In this situation, what are the solutions for Building Smarter, Offsetting Rising Construction Material Prices.........

 
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1 Working Together
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Working Together

idea posted by Anjali Sinha Construction-Heavy, Sobha Developers
I think we have to accommodate new ideas, perceive needs and enhancements. Increased square footage has the greatest impact on initial building cost. Working together, owners, architects and contractors can help offset rising material prices by identifying wasted space and making the facility as functionally efficient as possible. Owners will purposely build unused space because they are planning for growth and assuming that space will later be occupied. As an alternative, instead of building for growth today, consider building a smaller, more flexible facility that can quickly and easily expand to fit the company’s needs when they change.
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Contractors

idea posted by Samir Shah Construction-Heavy, DLF
You know some contractors are so intensely involved in the day-to-day management of a project that they forget to look at the big picture. By taking a step back to look at trends and expenditures, construction firms can truly understand where the most construction money are spent and dedicate the appropriate resources in order to deliver substantial cost savings for the client
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