In this episode, we unravel the key elements of construction activity cost control – real time tracking. The discussion revolves around understanding the daily cost of operations, the significance of labor and equipment costs, and the ability to run "what-if" scenarios to protect your budget. The host provides insights into the difference between budgeted and actual costs, offering a practical example of estimating costs for laying 1,000 LF of 18" pipe. Learn how superintendents can leverage what-if scenarios and gain a deeper understanding of budget gains or losses. The episode concludes with a practical guide on performing these calculations without sophisticated tools, empowering construction professionals to take control of their projects.
I hope you find this episode as informative and as exciting as we have.
Please let us know your thoughts about the episode!
Connect with Scott Jennings, host of The Pipeline Podcast:
Website: https://sjcivil.com/
LinkedIn: www.linkedin.com/in/scott-jennings-p-e-1435103
Email: sj@sjcivil.com
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