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.
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