PERFECT HOMES MAGAZINE - ISSUE 15 issue 15 | Page 95

Plan a budget and stick to it First and foremost - The management and cash flow of your building project is crucial if you want to have a successful building project. Many building projects fail simply because people run out of cash. Before you start your building project ensure that you have enough cash reserves to finish the project, if you are working with a financial institute who is releasing cash as and when parts of the project are completed ensure you sit down with your architect and builder to devise a workable schedule. Employ a project manager, yes this will cost you but in the long run a good project manager is worth its weight in gold as they will ensure the builder and tradespersons are working efficiently. PERFECT HOMES INTERNATIONAL MAGAZINE 95