Budget Building with Clearly Defined Scopes

Budget Building with Clearly Defined Scopes

Budget Building with Clearly Defined Scopes

OVERVIEW

One frustrating part of the pre-construction process is budget estimate creation for building owners and their representatives. There is never enough data on hand.

If your budget comes in too high, you risk project delays while you try to revise and lower the costs down, which can potentially tie-up the use of your funds.

Sometimes, your budget goals are lower than the vetted bids you receive, creating a stressful situation that forces you to choose between two complicated options: Cutting your project scope or asking for more money.

The above can limit your building users’ experience and can hurt your bottom line–quite the unfavorable choice.

Creating More Accurate Budget Estimates

To avoid deciding whether to either cut your scope or go over budget, you can now create a more accurate budget estimate through a comprehensive Scope of Work (SOW). An SOW gets your estimates off to a winning start.

Sadly, many projects run into difficulty because the SOW is incomplete, causing uncertainty for the construction team. To follow through with a complete SOW, make sure to report all the scope options.

Call Ferrandino & Son at (866) 571 – 4609 or email sales@ferrandinoandson.com to experience the full impact of our construction program projects. 

Scopes 101

When you think of a construction scope, most experts in this field think of AE Scopes. These are the bread-and-butter items that describe the work done and the list of people that complete the project.

What about Context Scopes? To some degree, AE scopes assess the ideal situation, while the Context scope describes the project’s shortcomings. Failing to consider any project context can lead to severe outcomes—such as lost time and money.

When implementing a Construction Process Scope, otherwise known as an Execution Scope, make sure you’re assessing how the work gets performed by communicating equipment needs, safety requirements, and production.

SOWs should lead you to one precise decision, leaving no room for clarification, so your budgetary expectations stay in-line.

Building Budgets Require Clarity

Tips to make sure your budget goals express what you want, make sure your word usage is straightforward and robust. Also, include additional aides to prevent confusion, like graphs and photos.

An over-explanation of your remodel budget objectives is better than leaving the possibility of a misinterpretation. As a seasoned professional, you know that clarity and thorough communication is a must for any construction project to succeed.

By gathering and preparing your scope data, you can simplify the purpose of your SOW to fit your spending.

Encourage Your Remodel Process Through Data & Expertise

Thinking like a contractor helps your overall SOW, but why not make things easier and partner with an experienced general contractor?

Searching out professional advice from trusted vendors lets you tap into the wealth of knowledge that their experience brings. Gaining contracting expertise can help ensure your scope is valuable and thorough.

Construction-cost databases are typically associated with estimations. To have a substantial cost database, you can fill in the right knowledge gaps in your accounts from the experts you’ve contacted that some clients might not consider.

This kind of data comprises all the components and labor associated with your next remodel jobs and is instrumental in the early planning stages in validating available costs.

In summary, proper SOWs set the whole project’s tone and for no questions to be unanswered!

CONTACT US

Are you running low on ideas to manage all your construction remodels? Contact us now to see how Ferrandino & Son can best deliver your remodeling goals today!
Phone: (866) 571-4609

Operational Advantages to Clearly Defined Scopes

Operational Advantages to Clearly Defined Scopes

Operational Advantages to Clearly Defined Scopes

OVERVIEW

To remodel your building means to change the structure’s original appearance to evolve and adapt to the new purpose and function of that structure.

The benefits of launching a remodel program are apparent. You could be redefining your sales floor to increase revenue. Maybe you are initiating a much-needed refresh as your facility has become stale. Regardless of the motivation, a strategic plan to lift an initiative of this size is critical.

However, before beginning a construction project of this kind, there are several things to be aware of to help reduce costs, improve project timelines, and most importantly, avoid costly delays.

What's in Your Program?

Let’s start with the basics. We already know that the Scope of Work (SOW) details the plan explaining a project’s expectations to a team completing a particular construction contract. Any well-written scope defines the who, what, when, where, and how of the project.

Your construction partner’s responsibility includes scoping out required materials, equipment, project milestones, and planning deliverables—so the SOW must be precise, clear, and complete.

How does this apply to your remodeling project? Let’s review the following areas:

    • Program Development
    • Permit Management
    • Demolition
    • Live Store Remodels

When you partner with the right national contractor, all the above bullet points are pretty much handled accordingly to each remodeling project. You won’t have to worry about construction permit complexities or any other details required for such a task.

For instance, there are different methods to consider for every program because no one program fits each facility. If a large multi-site retail chain wants a full remodel/refresh across its portfolio but still wants to maintain its business operations, its program has to involve a Live Store Remodel Program.

Not only will the national partner already have the skills to demolish your space appropriately for your brand’s function, they’ll also have the unique skills to complete the task without disrupting business operations required for any live remodel project.

Call Ferrandino & Son at (866) 571 – 4609 or email sales@ferrandinoandson.com to learn more about our construction program experience.

Best Practices

It’s crucial to vet your national GC partners thoroughly before choosing to work with them. Asking the finer details about their business practices and about the remodel project itself can help you prepare them and yourself for your upcoming improvement project. 

You want to be sure that your national partner is well-equipped to handle the task and acknowledge your budgetary needs. More so than ever, your commercial remodels are not just about the beauty and business functionality but includes the sustainability and the efficiency the remodel provides to the brand.

Best practices incorporate proper communication, project experts, planning, and investment prospects to create the best outcomes for your remodel program.

Better Outcomes

Achieving the best operational advantages from your remodeling project occurs through maintaining a clear style of communication. There are several check-points contractors can monitor to make a positive difference.

Whether you’re an experienced contracting firm or a company new to the industry, keeping a consistent workflow standard should be a standard for any part of the job.

Look and invest in contractors that show a range of capabilities and that show good management habits from the very beginning of the remodeling process so that you can receive the best outcomes. 

CONTACT US

Looking for the right partner to help manage your construction remodels? Contact us now to learn how we can help kick-start your project goals today!  
Phone: (866) 571-4609

Avoid the High Stakes in Your Construction Projects With the Best Go-Forward Approach

Avoid the High Stakes in Your Construction Projects With the Best Go-Forward Approach

Avoid the High Stakes in Your Construction Projects With the Best Go-Forward Approach

OVERVIEW

The field of construction covers a vast range of professional areas and industries that include, but are not limited to: Hotels, Groceries, Senior Living, Retail, Banking, and more. Within these industries, you have a diverse list of project types, like ground-up construction and remodel initiatives, multi-site refreshes, and rebranding projects along with fit-outs. These are complicated projects on their own, even when handled within a localized area. However, what if you’re interested in refreshing over 300 existing facilities? In addition, you’re also interested in constructing new facilities at a national level. The problem isn’t the expansion of your business, the problem is acquiring the specific labor that’s required to lift this initiative.


BY partnering with a company that already has the national reach and resources, you’ll save a great amount of time and save big in terms of overall costs.

Solutions for Expanding Into New Markets

As the key stakeholder, you must assess the location and the GCs that work each specific geographical area where you plan to develop. This means investing more effort and money towards introducing your business idea, for each new GC within each new market. By partnering with a company that already has the national reach and resources, you’ll save a great amount of time and save big in terms of overall costs. Make sure your national partner provides you with enough coverage to accomplish your organization’s growth process. Do they have more than 70 Project Managers positioned statewide to support your growth? Can they assign a team of superintendents who are dedicated to your projects, and who are willing to travel from market-to-market? If the answers are ‘yes’ to all these questions, you’re on the right path towards your growth plans.

Strategies That Stand Out

When reconfiguring your spaces, you’re revamping not only your brand, but revamping the possibility of growing your business potential. Construction is a field that really includes a village of skills and resources, which takes qualified project managers (PMs) to handle the execution. You want to make sure your national partner has a simplistic and clear workflow strategy, and who’s open to dialogue with all participating GCs. You want expertise that is fueled by a committed and collaborative effort that’s essential to any team environment and project. Be diligent in vetting your next PM, and make sure your partner holds the right licensing to help you stay clear of issues with local municipalities. Legal regulations can be a pain, and you want to make sure your contractors and PMs have the correct know-how to delegate or resolve these matters for throughout each project’s location.


Throughout our 25-years in the industry, we’ve noticed many opportunities to improve our execution and to help businesses stay on course for their growth plans.

Go Big and Go Forward

The goal of any Fit-Out or New Build involves creating a more modern and functional environment that is perfectly suited for any staff or clientele. When you appoint contractors to take on your new upgrades, you should be confident that you’re working with a team of design professionals that will deliver and meet scope processes, approvals, and fast turnaround completion times. Throughout our experience of over 25-years in the industry, we’ve noticed many opportunities to improve our execution and to help businesses stay on course with their growth plans. We already know that any construction project at the national level is completely different and will have huge hurdles to overcome, which will require patience and clear objectives. You won’t be able to achieve or complete any large-scale project with small-scale companies. Making sure your national partners have the capacity to match your growth plans are critical towards achieving your goals.

There is no doubt your construction projects will keep your brand up-to-date, allowing you to flourish and compete within a certain market. However, managing projects on a national-level is an entirely different process that involves the right partner who can see your vision properly. As a result, strong partners will bring resources, expertise, and assistance for all the details you already know about, and details you were never aware of. Be bold in your vision and go-forth building the future of your business.

CONTACT US

Looking for the right partner to help manage your next construction project? Contact us now to learn how Ferrandino & Son can help initiate your capital projects!
Phone: (866) 571-4609

Methods To End Over Spending

Methods To End Over Spending

Methods To End Over Spending

Leadership style can lead to a quick build or result in a lower grade build. Faulty communication leads to overproduction and a rise in the budget. Materials can easily be over-ordered and not used. This creates an overstock of unusable material that goes to waste. There are several methods to help avoid overspending and keeps job sites productive.

 

Firmly Establish Construction Duties

Clarity of job duties helps reduce time wastes on a build. Having workers standing around, not doing anything is a waste of company time. Making sure everyone has a task to perform creates a more productive use of the budget. Quality builds can only happen if the whole team works together. There should also be a clear understanding of who each worker should report to when they need help. If a worker is unsure and attempts a task they cannot perform, this could result in injury. Creating a clear understanding of managers can help avoid unnecessary costs due to injury.

 

Keeping Communication In Check

Communication is the heartbeat of every project. When communication issues occur, errors easily follow. Whether it’s an unsent email or a forgotten phone call, communication slips can avalanche into problems. Asking questions and following up after conversations can help prevent those errors. It cost more to fix an error than to correctly do it the first time.

 

Don’t Over-Do Quality Control

Checking quality is an essential task that should be closely observed. While most processes are most efficient with a 2 check process, some companies try and overdo it. Any additional checks create an increase in labor.

 

Keep Inventory Tight

Ideally, there should be no extra materials at the end of a project. Although a minimal amount is not terrible, supplies shouldn’t be hoarded. Having a large inventory after project completion wastes money and storage space. Spending on additional inventory lowers the profit rewarded at the end of construction. This reflects poorly on the project managers who supervised the construction process. If extra waste does occur during a project, it is good practice to try and find other companies that may want to use it.

 

Without carefully monitoring construction projects, hidden costs can build-up throughout the project. There are several methods to prevent this but keeping a close look at the process can be the most efficient route. 

 

2020 Trends in Construction

2020 Trends in Construction

2020 Trends in Construction

A new decade has begun and trends that are already in the works are likely to evolve more throughout 2020. New ways to increase efficiency, sustainability, safety, are always being worked on. These new methods are sure to arise and below are some construction trends to watch out for this year.

 

Green Construction Processes and Sustainability

Completing construction projects while being mindful of the environment is considered Green construction. Construction has an impact on the planet and steps to reduce any further harm are trending. Construction efforts such as switching to LED lighting or developing more effective thermal performance materials are steps to making a construction project green. The Green construction processes strive to build environmentally and economically friendly buildings, keeping on trend with the current environmental efforts.

 

Modular Construction Projects

Trends in minimalism are making a come back with the rise of modular construction projects. These projects save time, money, and energy with the use of prefabricated pieces. The bulk of these modular buildings are assembled offsite, making companies worry less about external factors, such as weather, that significantly slow down construction. Unused material can also easily be recycled helping reduce waste produced per project. This process is ideal for repetitive structures (hotels and office buildings) and allows for the construction of these structures at a much faster rate.

 

More Comprehensive Safety Equipment

Every year there is an increasing concern for the safety practices on construction job sites. With the rise of technology, more solutions became available to solve these concerns. Wearable technology is one way to avoid risk and protect workers. The fabric has become highly advanced and now you can manage body temperature. Cooling vests and moisture-wicking fabric help reduce the chances of overheating on a job site. There are new improvements in certain fabrics that allow for a small GPS tracking chip within the clothing. While this may seem like an invasion of privacy to some, this tool can help operators of heavy machinery to avoid a collision. The operator could get notified if someone ventures too close to their zone. This gives the operator more time to act if needed. GPS can also notify managers of any accidents. If an injury happens, a quick alert to help could have a person’s life. 

 

Robotics in Construction

There’s a fear that robots are taking over jobs though this isn’t the case in the construction industry. Robotics is being implemented to help around job sites to improve productivity and accuracy overall. This will only continue to rise as technology advances. Robots in construction are designed to fulfill different tasks, limiting hazards to workers. Drones are another form of robotic being implemented more in construction. Aerial drones are ideal for surveying job sites as well as improve the safety and accuracy of the completion of a job. 

 

Virtual and Augmented Reality

VR and AR in a construction setting have been rising as the technology progresses. With VR and AR, construction teams can visualize buildings more clearly before the project begins. This allows for design optimization to make sure that every aspect of the builds meets requirements. This technology further helps to identify any flaws without wasting time and effort during the project. These virtual rendering can also allow clients to review detailed designs and make any additional changes before construction beings. These renderings can also show the physical setting where a project will be located. This can allow for even more detailed planning around environmental changes and traffic while delivering a more successful execution.

 

More Effective Project Management Solutions

Project management is constantly improving with the development of digital management tools. The new software allows those working on projects to track and manage all steps of the construction process. This increases productivity and helps prevent defects throughout the construction. Budgeting and scheduling of work are also made easier for project managers. They can stay organized and track important documents related to the project at the touch of a button. 

 

The construction industry is always evolving. New ideas and trends are being created to advance the practices in the industry. These new approaches will help make construction work easier and safer. 

 

Steel VS Brick

Steel VS Brick

Steel VS Brick

Brick buildings were once popular but now are being replaced by steel structures. Steel has become an answer to various problems in construction and upkeep. Cost-efficient and easier to build with, the many benefits of steel have turned contractors away from any other material. There are several advantages of using steel for construction projects including, cost efficiency, a smoother build, and durability.

 

At first glance, steel is significantly cheaper than brick. Steel buildings are designed using pre-fabricated parts that are created off-site. Since this work is done off-site, this reduces labor and overall cost. Steel is also a more durable material that saves money throughout its lifetime because it requires less maintenance. Brick, unfortunately, does not have as many benefits. Brick is a more expensive material that is assembled one by one. The total cost of a brick project is increased due to the increase in labor. Brick structures don’t hold up to weather as steel does. Depending on the weather, brick buildings will expand or contract. This is the result of moisture infiltration, freezing, and thawing over time. Constant maintenance is required to reinforce mortar and repair cracks caused by the weather. Steel is the best option to help stay on budget and for a quicker build.

 

Construction projects built using steel are completed in half the time of a brick project. Brick buildings require specific weather conditions for the mortar to set correctly. The weather cannot dip below 40 degrees Fahrenheit or the entire project goes on hold. Additives for the mortar can bypass the weather requirements but an unexperienced mason can put the building’s integrity at risk. Brick needs to individually laid out by stonemasons that need a lengthy timeline. Unlike brick, steel designs can be completed within a few months. Steel structures don’t require specialized skills, such as stonemasons. Weather conditions don’t affect the process of building with steel as well. While brick crumbles, steel holds up to elements and maintain durability.

 

Steel structures are virtually indestructible compared to brick buildings. High-quality sealants and protective coatings help protect the smallest crevices in steel structures. Some steel components have 40+ year warranties to ensure the quality of the build lasts. Steel can go face to face against and tornado and make it through. Most municipal buildings, schools, and churches are often made of steel. These buildings are often used as evacuation zones during tornados since their structures can withstand more than the average building. bricks are not as durable to extreme weather, unlike steel. Brick buildings receive more damage the longer they last. Most commonly, brick endures moisture damage and corrosion. Without regular maintenance, mildew is likely to grow and can affect the air quality within the building. 

 

A material that can withstand a tornado and is cost-efficient is going to be any contractors number one material. Steel buildings won’t replace brick structures completely. However, steel will be chosen over brick for upcoming projects.