Introduction
Cost and schedule control are essential components of construction project management. Effective control begins with accurate engineering planning and realistic budgeting.
Problem / Challenge
Project teams must continuously monitor construction progress against the baseline schedule and cost plan. When deviations occur, corrective actions must be implemented quickly to prevent delays and cost escalation.
Engineering Approach
Engineering-based planning improves coordination between trades and ensures that work sequences are optimized. With proper monitoring systems and disciplined management practices, construction projects can achieve predictable cost and schedule outcomes.
Key Elements
- Baseline schedule and cost planning
- Regular progress monitoring
- Early deviation identification
- Corrective action implementation
Case Study
Projects that implement disciplined cost and schedule control often experience fewer delays and better budget predictability.
Conclusion
Cost and schedule control require baseline planning, regular progress tracking, early deviation identification, and engineering-based execution.
Frequently Asked Questions
What causes cost overruns in construction?
Common causes include poor planning, scope creep, design changes, lack of monitoring, and coordination gaps between disciplines.
How can we improve schedule control?
Schedule control requires baseline planning, regular progress tracking, early deviation identification, and engineering-based execution.