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Economy in construction

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Economy in Construction
Only a couple of years back, market for a Builder was booming. He was least worried about the cost of construction. His profits were high, even though he was not selling, people were buying from him. With recession, everything has changed and competition was created. They had plenty of options. They could now bargain, and have lucrative deal for themselves.
Economy has to be targeted without compromising in any way on quality, amenities, specifications, and/or delivery schedules. Economy in construction, could be achieved by reducing on wastages and pilferages, reducing on inventories, repeated uses of shuttering material, and saving heavily on construction time, through better management techniques, use of computer, information technology etc.
Builders, have craze in ordering full quantity of materials, thinking that if the materials are available on site, then what they have to look after is arranging only labour in getting speedy completion of work. But that is not true. Many times specifications, amenities are to be changed on technical reasons and/or as required by the planning/sanctioning Authority or by Client for that matter.
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Economy in construction

  • 2. Only a couple of years back, market for a Builder was booming. He was least worried about the cost of construction. His profits were high, even though he was not selling, people were buying from him. With recession, everything has changed and competition was created. They had plenty of options. They could now bargain, and have lucrative deal for themselves.
  • 3. Economy has to be targeted without compromising in any way on quality, amenities, specifications, and/or delivery schedules. Economy in construction, could be achieved by reducing on wastages and pilferages, reducing on inventories, repeated uses of shuttering material, and saving heavily on construction time, through better management techniques, use of computer, information technology etc.
  • 4. Builders, have craze in ordering full quantity of materials, thinking that if the materials are available on site, then what they have to look after is arranging only labour in getting speedy completion of work. But that is not true. Many times specifications, amenities are to be changed on technical reasons and/or as required by the planning/sanctioning Authority or by Client for that matter.