| Things You Can Do to Be On Time and Under Budget |
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What is Contingency?
A general amount that should be included in the estimate to cover the known unknowns and the unknown unknowns.
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What is an Escalation Clause?
It is a clause that you should include in your contract to cover price increases when vendors won’t guarantee their pricing.
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What is finding an alternative material?
It allows you to “equal”ize a potentially bad situation.
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What is developing deeper alliances with vendors and trade partners?
It requires time and effort but will pay off in your TPS’s and schedules.
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What is warehousing materials?
It just requires a little “out of the box” thinking inside of the box
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