Successful project management of construction projects is largely
dependant on the confident handling of construction costs and schedules.
For contractors, the ability to reliably plan costs is an essential
quality feature of a good architect, and hence one of the most important
basics of project preparation. Cost estimation is also vital in
preparing project budgets, and it particularly requires an efficient
methodology that can immediately reveal possible planning-related cost
overruns. Central key concepts such as cost variables or life-cycle
costs, costing methods, and cost control methods form an essential
repertoire for all practicing architects.
Basics Budgeting explains cost planning processes during the planning
and construction phase step-by-step and on a practical level, and
describes in a clear and structured manner how to estimate and evaluate
cost impacts and risks. Supported by practical tips, examples, and
illustrations, the inexperienced planner learns the tools of the trade
in order to enter the field of budget management informed and in step
with actual practice.