Assemble the BIM Possibilities
Howard Davis, CEO
Howard is currently the CEO of Assemble Systems, a cloud-based construction software provider servicing the AEC industry. Howard brings over 15 years of management, corporate development, and private equity investment experience.
3 Important Questions to Ask Yourself When Managing a Complex Budget
August 26th, 2015 by Howard Davis, CEO
Budget management for a complex project is a serious endeavor – one that can often mean the difference between failure and success. Managing a budget means understanding the scope of work as well as understanding the proposed timeline and scheduling. It means anticipating hurdles along the way. It means being strategic and flexible in the way your overcome those hurdles. It’s fair to say, at its core, that proper budget management relies on the ability to communicate, collaborate and make the right choices based on the best, most up-to-date information.
We recently hosted a webinar focusing on 3 Workflows to Improve Budget Management. Using the information and insight from the webinar, we put together a few tips on how to take full control of your budget, manage changes in scope and drastically improve your overall outcome. All you need to do is ask yourself a few questions:
Is the current model data comprehensive, up-to-date and organized?
Are you prepared to answer questions in real time and make changes if requested?
Will you be able to look back on this project and know the influence and impact of every change?
If managing your complex budget seems like an exercise in trying to predict the future, remember it is the planning and documentation of the past that enables the ability to be accurate, flexible and at-ease in the present. At Assemble, we can help you use these workflows to optimize your budget management practices to produce the best possible outcomes. For more information on this topic, view our webinar here or contact us directly.