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Construction Planning & Management

 

Making Better Home Builders

Tags : Making Better Home Builders, home builders, 50 ways home builders waste money
Industry : Construction
Functional Area : India, Success Stories, Business Processes, Strategy Execution
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About "Making Better Home Builders" topic:

It’s fair to say that home builders are more worried about cash flow and cost efficiencies today than ever before. It’s a necessity. So lets discuss the challenges in cutting costs, improving margins, increasing sales, marketing product, managing customer experience, eliminating waste, acquiring land and making better use of technology.

5 idea contests , 1 question on topic: "Making Better Home Builders"
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(rate this)
1 Assuming they know what buyers want
2 cheating
Rajendra Shah  |  Added idea  "misinderstanding the need"  |  1 year ago
Dear, Making luxury homes with all amineties and infras is not a problem but sale would be poor since there would be dearth of white money. Its good to explore middle class needs where money flow would be better, BUT it doesnt work since builders...
Krishna Murty  |  Added idea  "cheating"  |  1 year ago
to name few, use of sub standard material, construction not as per sanctioned plan, nil after sale service, extra for common spaces, parking, defective title deeds,
 
 
Ideate: "What are the common mistakes made by home builders?" deleted from your view.
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(rate this)
1 Decisions not taken in right time.......
2 Project Management Process improvement
Ravi  |  Supported idea  "Project Management Process improvement"  |  1 year ago
to cetain extend i agree with you. it is true that there are some builders who waste money as what all others say. Being a project management professional  accept your arugement.   You  rightly said project management professional are the people...
Charles davison  |  Added idea  "Not making a broad study before taking up work"  |  1 year ago
There is a tendency to overlook many details at the start leaving it to " we will see when it comes" attitude and then making frantic efforts to make up by different methods. This way either you lose or the work is done cutting corners which is...
 
 
Ideate: "What are the ways through which builders waste money?" deleted from your view.
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(rate this)
Kothandaraman Govindarajan  |  Answered  |  1 year ago
Mr.Ravanam, How You function either by the command of Brain or By Your Heart.This is a sensitive Question  Please analise.KGR
Ravanam naga durgesh  |  Answered  |  1 year ago
both of mine are in function... i don't know what functioned for u to raise this question...
 
 
(rate this)
1 Lack of training, compromise & professionalism
2 Commitment
S. Muralidharan  |  Added idea  "Statutory Obligation"  |  1 year ago
Sub-contractors, by and large, do not conform to any statutory obligations, forcing the main contractors to face the music. One has to be very careful in monitoring the project for cost and time over-runs! If unattended, the project will be...
SHRIKANT MANOHAR DANKE  |  Supported idea  "Lack of training, compromise & professionalism"  |  1 year ago
Indian contractors have lack of professionalism & way of handling the work/contract.
 
 
Ideate: "What are the issues in handling sub-contractors? " deleted from your view.
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(rate this)
1 Previvious work experience/knowledge
2 Reputable Contractors
C Nijagunaradhya  |  Added idea  "Previvious work experience/knowledge"  |  2 years ago
Based on previous works/projects executed or the practical knowledge possessed by a contractor we can choose. Though charges may be more as experience goes up, always better to go for the best. 
Pradeep Khanna  |  Supported idea  "Safety Standards"  |  3 years ago
Yes sumith safety standards are also increased by the government, the company should train their employees immediately to meet with this standard of safety. If a client is considering the use of a construction company that is not up to par with...
 
 
Ideate: "How you will Choose a right Contractor?" deleted from your view.
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(rate this)
1 Stakeholder Analysis leading to Scope Clarity...!!!
2 Explicit Terms
M NITIN SHENOY, PMP, IPMA-D, CEng MICE  |  Added idea  "Stakeholder Analysis leading to Scope Clarity...!!!"  |  3 years ago
A good STAKEHOLDER ANALYSIS process  results in effective understanding of all stakeholder's requirements, needs, wants and expectations .. Identification, grouping and documentation of the above points results in a Clear Scope which once...
Sumit Singh  |  Added idea  "Communicating"  |  3 years ago
I suggest tat once potential contract changes are identified, the original contract steps for addressing change orders should be followed. This includes communicating the potential changes to the owner and other parties required for approval....
 
 
Ideate: "Minimizing and Preventing Contract Changes" deleted from your view.
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