Time and time again in our line of business, we see people embarking on their dream of renovating their work spaces only to find they have gone way over budget. While they may start off with a very clear idea of what they want and with the best of intentions, things can go wrong very quickly. There is a plethora of reasons for cost overruns in commercial renovation project. Let’s take a look at some of them:
Design Errors Design errors have been identified as one of the common reasons for cost overruns in commercial renovation projects. Designs that are done without ample examination of the site may contain errors in the form of omission or misrepresentations. This will also cause omissions in the project cost estimation which leads to extra work and thus results in renovation budget blowout. Achieving error free designs requires proper planning, extensive investigation, reviews and good communication between the client, design team and commercial contractor. Low Quality Documentation Vague or low-quality documentation can affect the accuracy of price estimates. When incomplete documentation is used everyone involved in the quoting process has to make assumptions. This leaves room for error and costing inaccuracies. Making Changes On Site Change orders are often costly because they often include construction delays, material rush orders, design changes or even the tearing out and rebuilding of a finished item. When you are in the planning stage, making changes is relatively inexpensive. However, once the project has commenced, every change will cost both time and money. So, if late changes are a must, be prepared for renovation cost overruns. Spending Too Much Money On the Wrong Areas When planning an office renovation, invest primarily on those areas that will make the biggest difference to the quality of the finished project. Determining what to rehab or replace is another question that must be decided mutually between the client and the commercial contractor. Look at what you are trying to achieve and plan the best way to get there. Keep the budget in the front of your mind when making decisions. Being budget conscious from the start is far better than running out of money halfway through a project. Choosing The Wrong Contractor Clients should not sign up with the first contractor they meet or was recommended, and they should never choose a contractor solely based on price. Clients should always get at least three quotes and spend time analyzing and comparing the prices, contractors, and deliverables before making their decision. Choosing a random contractor who has no experience in handling the renovation project will lead to poor quality work, schedule delays and cost overruns. In conclusion, although cost overruns may seem very inherent in most renovation projects, they don’t have to be! By setting clear expectations and specifications and choosing an experienced commercial contractor in Toronto, projects can be delivered on time and at budget.
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Renovation projects often face the challenge of scope creep. ‘Scope creep’ in project management terms, refers to changes and or continuous or uncontrolled growth in a project's scope, at any point after the project begins.When scope creep happens on a store renovation project it may result in increased time, cost, and resources, as well as potentially reduced quality. Scope creep can be a result of inaccurate documentation of requirements, weak project management, poor communication or ill-defined project objectives. Hiring an experienced commercial contractor may avoid the possibility of scope creep in your renovation project and increase the chances of delivering a project on time and on budget. Managing the triangle of scope, deadlines and resources is where great commercial contractors prove their worth.An experienced commercial contractor effectively accomplishes this and eliminates scope creep during your renovation.
Understandingthe Client’s Vision A commercial contractor collaborates with the client and understands what the client hopes to achieve from the renovation project.After coming up with a shared creative vision and achievable business goals, it’s time to get down to the nitty-gritty details. DocumentRequirements in Detail Reaching clarity on, and developing a shared understanding of, goals and objectives of the renovation in the initial planning stage is critical to project success.To avoid scope creep, a mutually agreed upon list of project requirements is documented clearly and is signed by all involved parties. Set Up Change Control Processes The requirements document is only a starting point. What happens when someone wants to change something? Any new changes must go through a change request form and be analyzed properly to understand the impact the change will have on the overall project.All changes that have been accepted need to be added as an addendum to the original project scope documentation. Use aPrioritization Technique Your deliverables list may have 20, or even 200, items. However, it is not possible to deliver all of them at same time. With this in mind, prioritization becomes key. Once you have the full list of requirements, these should be prioritized. This pushes the customer to determine what they truly need when new priorities pop up. Additionally, by prioritizing customer facing enhancements, store downtime can be minimized or eliminated altogether. Create A Well-Defined Scope Statement A well-defined scope statement, details everything a contractor must deliver. A strong document includes time frames, budgets, legalities, sub-contractor (if any) details and more. This statement creates a clear picture of the project for all stakeholders.Once this is done, the scope document is shared between the client, team, and other stakeholders.If the scope statement does not contain sufficient details, the project team will not know the boundaries of the project and will be prone to adding things that shouldn’t be there. This can lead to a scope creep in a renovation project. Communication This is one of the key aspects of scope management. When the client asks for an additional change, a clear explanation of how it will affect the project’s cost and scheduling requirements must be given. A regular meeting between the commercial contractor, project team, and client is essential for a healthy renovation project that finishes on time and within budget. Hiring an experienced commercial contractor in Toronto will help go a long way in managing your renovation successfully, without budget overruns or deadline delays. Source: http://store-renovations.blogspot.com/2018/07/how-do-you-manage-scope-creep-during.html Fire Alarm Systems are one of the most important safety measures for any establishment and are often overlooked. When dealing with fire, people’s lives are at stake so making sure you have a quality system and a sound evacuation plan in place is essential. Every year in the United States, roughly 2,000 people lose their lives to residential fires and as new technology and constant advancements in the field progress, it is very important to keep the system up to date and maintain it with regular inspections and testing. Studies have shown that a large majority of disastrous fires occur when home occupants are asleep. This is because they are unaware of the fire and inadvertently inhale smoke and other toxic gases. In fact, these gases spread faster than heat which is why most fire victims die from the inhalation of smoke and deadly gases versus the fire itself.A fire alarm system is designed to detect smoke, excessive heat and/or fire and toxic gases which then send out an alert before the fire can get out of control, thus protecting you and your family. When the system senses smoke or heat, typically it will sound a penetrating alarm that even the deepest of sleepers will hear and be awakened by. This allows anyone in the property to evacuate to safety. Fire Alarms help in early detection of fire and can save you from a massive tragedy. But what if a fire occurs when no one’s around? Who will call the authorities for help? Often times, fire alarm systems are connected to the fire department through a process that involves fire alarm monitoring. A monitored fire alarm system connects your automatic fire detection system to an alarm receiving center, enabling them to call the emergency services within seconds of a heat or smoke detector going off.A lot of fires end in total loss, whether that be with valuables or worse. That’s why at Royce Integrated solutions, we provide the ability to monitor fire alarm systems. We work with a 5 diamond UL rated service center that provides prompt service. This will allow the authorities to be alerted in a timely manner which can possibly save your life or your home and valuables. When you decide to have Royce Integrated Solution provide a fire alarm system for your property in Florida, we will go over all the details. This includes reviewing your layout, recommending the appropriate number of fire alarm sensors in essential areas of your home and keeping your system up to date in the best and most reliable working order.Being one of the most prominent fire alarm inspection companies in Florida, we also perform annual test and inspections to ensure your buildings life safety systems are always up to code and operating properly. Our aim is to make sure you and your property are covered in the event that something catastrophic happens and by implementing a fire alarm system, we will make sure you are covered. So,if you are looking for a reputed fire alarm system testing, inspection and maintenance company in Florida, look no further thanRoyceIntegrated Solutions! Source: http://secutiy-systems.blogspot.com/2018/07/the-importance-of-integrating-fire.html |
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