PRECONSTRUCTION AND BUDGETING

At Riise we understand the steps that should be taken in preconstruction and budgeting. At this phase, design and working plans have to be created. Preconstruction and Budgeting is an estimation of what you can expect to pay based on project specifications, current market rates and past costs for performing similar work on comparable projects.

A thorough preconstruction budget will cover all potential costs involved. In most cases, a budget will include:

  • Administrative costs. This area covers any required permitting, additional design costs and engineering fees involved.

  • Site Infrastructure. Preparation includes controlled demolition of existing fixtures and structures, plus debris removal and disposal. It also includes any major utility and sewer or water work.

  • Trade Costs This category is for all the labour, materials and equipment needed to complete the project based on the traditional 16 division format.

In most cases, you’ll want to factor in other costs before breaking ground. Our team will help you uncover them to avoid any surprises.

Developing a budget with experienced professionals at Riise is a smart planning step in any construction project — regardless of the job’s size or complexity. At Riise, we are here to help you take advantage of significant benefits to ensure project success.

We can help you with the following:

  • Know if your design is possible.  A budget will take your drawings and translate them into estimated project costs. You may discover you have more or less capital to work with, letting you make any changes well ahead of time.

  • Know where your money is going. Preconstruction budgets help you determine specific costs for different project stages. You can use this information to prioritize phases and plan a schedule that accommodates your financial flexibility.

  • Keep your project funded. With a budget, you will know ahead of time what costs to expect and when you’ll have to pay them. This will help ensure you have enough capital on hand to keep your project moving according to the timeline.

How can Riise help with the Budgeting phase?

What can clients expect in the Preconstruction phase?

Here are some of the items you can expect to cover during the preconstruction phase:

  • Initial meeting to discuss the project

  • Planning the design

  • Estimating costs and offering cost-saving options

  • Managing project scope

  • Identifying potential issues & outlining solutions

  • Determine any options for value engineering

  • Site selection and study feasibility

  • Evaluating soil condition on site

  • Check existing utilities

  • Determine special equipment required

  • Check for green building options and viability

  • Life-cycle analysis

  • Outlining contingencies for both client and contractor

The primary outcomes of preconstruction provide include:

  • The scope

  • Schedule

  • Estimated cost of the project

The team at RIISE ensures that the above elements are accurately outlined for our clients to set necessary expectations going into construction.

The process also helps to make sure the project is feasible, reducing the chances of encountering issues along the way.

Choosing Riise for your Preconstruction and Budgeting Planning

Riise consists of industry-leading, knowledgeable professionals with years of experience in all areas of construction management and the entire building process.

Riise is an invaluable ally every step of the way. The preconstruction phase offers many benefits. The top benefits of preconstruction include:

  • Removal of many unknown variables for the client;

  • Provide a clear picture of what the project will look like and how it will get done;

  • The completion date for the work; and

  • the opportunity to present potential options for cost savings, which benefit the client.

Having realistic expectations helps avoid issues while the project is underway. It’s a real win-win for everyone involved.

 Complete your Project with Riise

Riise is your solution if you're looking to optimize your construction projects with reliable full-service professionals. We work with our clients from start to finish to make their dream projects a reality while employing the highest quality technologies and leading industry professionals to optimize the process.

Contact us today to get started on your next project!