According to Aleks Merkovich in his 21 Insightful Construction & Construction Industry Statistics, there are more than 70,000 commercial construction businesses already in the United States as of 2019. With the aforementioned statistical data, we can conclude that the construction industry is booming. Amid from the fact that construction projects are making a sizable portion of the global economy, it can also be burdensome—both financially and logistically.
Having a comprehensive construction project budget allows construction authorities to prepare for any unforeseen structural problems, owner modifications, potential delayed completion dates, hidden costs, and any other potential problems that may arise. In this regard, preparing a budget for a construction project is significant. Read this article and discover various construction project budget templates and examples that you can modify and use as a guide in making your own project budget.
The length of your budget depends upon the type of project you are holding. Large commercial construction projects can have project budgets that are several pages long. This type of construction projects have large number of costs associated with them—operating costs, labor costs, material procurement costs, etc. Take note that project budgets are dynamic documents that can be updated over the course of the construction. If you want to present a comprehensive construction project budget to your project manager, we suggest that you use this template. Download this project budget template now by just hitting the download button.
Managing a construction project is more onerous than what you are thinking, especially when it comes to budget management. Presenting a thorough budget doesn’t make your work done. You have to follow-up the flow of cost and check if the budget is sufficient. Are you having a hard time tracking the budget of your construction project? If you are, then straighten that line in your forehead because we offer 100% customizable construction project budget tracking template that is fully compatible with any file formats indicated in the description. Don’t let this opportunity slip through your hands. Grab a copy now by hitting the download button.
Business is a keen industry. There are certain papers needed and processes that a team will undergo before they can get the finance required for certain projects. A successful construction project is the product of various plans such as management plan, financial plan, etc. Here is an example of a project budget of a construction agency that proposes to construct a new facility. Check out this example of construction budget by clicking the download button.
The project budget summary showcases the final budget of the entire construction project. You may emphasize in the introductory statement the estimated construction budget and the overall expenses of the project together with the several sources of the funds. This is an essential document that should be presented during the post-construction meeting to construction administration staff. Learn more about project budget summaries by checking out the example.
Part of your goal is to create a budget development system and a project cost that will fuel up the spontaneity of the construction project. The elements of a project budget include the cost of design, cost of construction, cost of land, furniture, equipment, cost of project management, and the contingencies. Discover more about project budget and cost management by hitting the download button.
The preliminary construction budget is the counterpart of the construction project budget executive summary. This document showcases the estimated budget of the project; whereas, the latter document displays the cost of everything including the assumed project budget. You can use this example as your guide in presenting the preliminary budget for your construction project. Just hit the download button, so you can get started with making your own project budget.
Let’s assume that you are new to the field of construction industry and you were part of the team who were assigned to make the construction project plan. Part of your job is to make a financial plan. You and your team can use this project worksheet example as a guide in making a comprehensive project budget. You can study the format of the sample file and how everything is arranged, so you will be guided.
This worksheet completely layout the soft cost and hard costs of a construction project. This one-page example is perfect for those who have small construction projects such as renovation and remodeling. However, if you are working with large construction projects which are under established construction company, we suggest that you use the previous worksheet example as a guide because it is way more detailed and formal.
Just like any other establishments, libraries also have a lot of things to consider during construction. Libraries should have adequate spaces that are well-organized for it to function well. Moreover, the decorations and displays should create an ambiance that is conducive to learning. Here is an example of a detailed construction budget of Mendon public library. Are you working on the construction project budget of your school’s library? If you are, then this example is for you. Download it now and use it as a guide in making your own project budget.
Whether you are in the metropolis or in the countryside, you will find various residential construction projects. Housing construction is the most popular project since house is man’s necessity. Are you looking for a project budget that you can use in making the construction budget of your house? If you are, then this example is for you. Grab a copy of this file now by hitting the download button.