Cost & Schedule Control
Effective construction cost control and scheduling are critical factors in the success of virtually all types of projects. Reynolds will provide the greatest opportunity for a client to reduce costs or schedule time when we’re involved in the project as early as possible. Although cost and schedule control are interrelated, Reynolds offers a detailed and thorough approach to each, which is inclusive of the entire project team.
Construction Cost Control: A client can elect to build as desired, or to budget what’s available. When the determination is made by the building owner, Reynolds begins our work as early as the conceptual phase of design to find design efficiencies, value engineering and scope reduction options, efficient methods of project delivery, and efficient methods of construction. The pie chart illustrates the cost savings Reynolds can achieve for clients while keeping the project on schedule. We strive for 5% or more in cost reductions for all projects.
We lay out clearly defined cost estimates and timelines based on your specific requirements and parameters. Our approach to construction cost control guards against inaccuracies and, as stated in James Taylor’s book, “Project Scheduling and Cost Control”, bad estimates that plague more than three-quarters of all projects.
We’ll forecast in great detail future costs relating to materials, labor and subcontractors, taking into account the duration of the project while ensuring construction project scheduling proceeds within established timetables.
Project Schedule Control: The schedule for completion of any project is often dictated by a date for which the building or facility is needed. Beginning with the concept of the project through pre-construction schedules, bid schedules, and construction phase schedules, Reynolds works to reduce design and construction time and provide our clients with adequate time to occupy the facility.
Accurate construction project scheduling and control typically has a positive influence on profitability. When projects lag, it causes a domino effect of inefficiencies that result in higher costs and overhead. In the event that you have multiple project phase schedules in succession, missed deadlines can negatively affect construction cost control over a prolonged period.
When you partner with us, we’ll not only create a schedule based on your needs, but we’ll also continue to communicate between teams to ensure every phase of production concludes by its targeted date.
Reynolds for Project Scheduling and Cost Control
Construction projects involve many variables that influence your budget and timeline. We offer construction project scheduling and cost control tailored to your unique requirements. Our in-house team of professionals are highly trained and accredited to offer comprehensive and innovative building solutions.