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Managing Construction Costs

 Lorman Education Services
BenefitsRising construction costs are a fact of life. Budget overruns are frequent occurrences. When costs rise, someone pays - how can you avoid being the one who pays? A savvy construction business person can take many steps along the way to apportion the risks of construction in a way to ensure that his or her company avoids getting stuck with the bill for escalating costs. Some of the most important tools at your disposal come into play before construction begins, and some come into play during construction requiring significant vigilance and the employment of defensive solutions along the way. This teleconference will help you understand some of the decision points during a typical construction project at which you can influence your company's risk allocation and influence who pays when construction costs rise. This teleconference will explain important methods for limiting your risk during all phases of design, pre-construction, during construction and post-construction during a claims process.

Learning Objectives
- You will be able to analyze main reasons costs escalate and how you can control them.
- You will be able to categorize best ways to allocate risk.
- You will be able to compose project documentation and contract use.
- You will be able to discuss allocating increased costs after a project.

This teleconference is designed for project managers, contractors, subcontractors, presidents, vice presidents, engineers, architects, developers, contract managers, purchasing professionals and attorneys.
This is primarily teleseminar training
instructor led trainingThis class may be available at a classroom in Milwaukee, WI,
Duration:1 days
Training Presented in:English
Training Provided by Lorman Education Services
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About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
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Home > Lorman Education Services > Construction > Managing Construction Costs
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