Previously we’ve explored the basics of project management and who you can hire as your project manager. In the first of those posts, we stated that the main challenge of project management is to achieve all of the project’s goals within any given constraints. Now we want to help you overcome that challenge by explaining the cost quality time triangle.
As mentioned in our free ‘10 Things To Understand Before You Start Your Dream Build’ guide, three factors constrain every project:
It isn’t possible to have the highest quality build completed in a very short timescale on a limited budget.
A better understanding of this cost quality time triangle will help you set realistic expectations from the outset, in terms of your priorities. In this final post about project management, we share some tips for managing each of these three constraints.
When it comes to the cost quality time triangle, there’s a common theme across all three constraints / priorities: investing in more detailed design (beyond the drawings needed for Planning / Building Control approval). It is an additional cost, but a full construction package reduces the unknowns and enables you to have confidence in your budget before work starts on site. Cityzen can provide your project manager with the construction package they need to effectively manage the project.
Our final tip? We recommend using a quantity surveyor as your project manager, as they have the costing knowledge that so many of our clients value.